5 Reasons Why Obama Will Hike Middle-Class Taxes
• Economic Policy JournalJames Pethokoukis has put together the following list: 1) Obama knows the budget math doesn’t work. 2) Obama seems to prefer tax hikes to spending cuts. 3) Obama has already tried raising taxes. 4) Obama’s advisers are for higher taxes. 5) Obama doesn’t seem to think high taxes are harmful. Bottom line, Obama is an egalitarian who believes that to be a upstanding member of your community, you need to turn more and more of your money over to him, so that he can disperse it to unions, Goldman Sachs and the ever expanding government bureaucracy.
