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WASHINGTON — President Barack Obama's treasury secretary on Sunday said he cannot rule out higher taxes to help tame an exploding budget deficit and his chief economic adviser would not dismiss raising them on middle-class Americans as part of a health care overhaul.
As the White House sought to balance campaign rhetoric with governing, officials appeared willing to extend unemployment benefits. With former Federal Reserve Chairman Alan Greenspan saying he is "pretty sure we've already seen the bottom" of the recession, Obama aides sought to defend the economic stimulus and calm a jit
Originally posted by js331975
Every President promised no new taxes, and every president raised taxes.
Every party proposes cutting taxes and yet they get raised.
It's not a surprise that at some time in this presidency that taxes get raised.
Originally posted by js331975
Every President promised no new taxes, and every president raised taxes.
Every party proposes cutting taxes and yet they get raised.
It's not a surprise that at some time in this presidency that taxes get raised.
Originally posted by FritosBBQTwist
Originally posted by js331975
Every President promised no new taxes, and every president raised taxes.
Every party proposes cutting taxes and yet they get raised.
It's not a surprise that at some time in this presidency that taxes get raised.
I think the point of the thread isn't to say it wasn't going to happen.
The point of the thread was to show all the people who voted for him based upon such speeches, when in the end, they just got smacked in the face.
This is one of the only things Obama has ever said that actually sounded good. Yet, he is already backing down on it. Who would have guessed!
There was a reason everyone is against this nationalized healthcare...MORE WELFARE!
A little rap.
Nationalized healthcare, what do you mean welfare!?!?!
Its human rights, trying to shed a little light,
don't you think its right?
More money for the hungry who don't care to feed themselves through labor like the rest of us...thats all it is.
Originally posted by OldDragger
Taxes for who?
Taxes haven't gone up, it's a hypothetical.
Reagan raised taxes, Bush1 raised taxes. So what?
Why all the alarm about everything Obama does, or more accuratly MIGHT do? Why are you rabid Obama haters so afraid?
Originally posted by OldDragger
When the Government needs money, taxes are raised, big surprise. Instead of printing more and causing inflation, raising taxes on the higher earners makes sense.
Does it not make sense to tax the american super-rich who have amassed their wealth through the exploitation of the working man?
Originally posted by Godot
Does it not make sense to tax the american super-rich who have amassed their wealth through the exploitation of the working man? It was the working man and woman that earned them their money, and yet so many live in poverty and it is unnecessary to elaborate on the suffering of workers in asia.
For all the talk of america being the land of freedom and opportunity, the powers that be and rich refuse to look after those that built it. America was founded on a set of incredibly admirable values, somewhere along the way the fat cats and corporations have twisted that, worse still from what i read hear many people here buy into what they are told. I dont know how many of you are living in housing projects, working several low paid jobs with few or no benefits, but i can guess.
Originally posted by Godot
Oh gosh, not the c-word. Dont criticize my knowledge of history if you can't identify the differences between socialism and communism, i'm not pursuing a revolutionary communist agenda.
[edit on 4-8-2009 by Godot]
Originally posted by Godot
Does it not make sense to tax the american super-rich who have amassed their wealth through the exploitation of the working man?