Remember when Barack Obama campaigned strongly and unmistakably that he would not – and I mean NOT – raise taxes on anybody making less than $250,000 a year? (Then it was 200k, then back to 250, but I digress.)
“I can make a firm pledge. Under my plan, no family making less than $250,000 a year will see any form of tax increase. Not your income tax. Not your payroll tax. Not your capital gains taxes. Not any of your taxes.”
It was one of the big reasons Obama was elected. It sounded so good…tax cuts for most of the country and the punishing of the rich. It all rested, however, on the assumption that Obama would follow through with his promise.
Conservatives like myself knew from the start this was not going to happen. We had heard it all before from certain other Clintons – I mean presidents. It was not hard to understand that someone who wanted to spend so wildly it would make the Bush deficits look like child’s play would have a big-time budget deficit on his hands. And faced with the choice to cut everyone’s taxes (especially the rich, since they have more money to spend) or raise everyone’s taxes, we knew what liberals always choose: the latter.
And here we are a year and a half later. The spending has surpassed any other president by record amounts, staggering amounts. We are in debt so deep we are in real danger of bankrupting ourselves. And with the economy still lagging, the president is about to make a very predictable move.
“If your deficit commission comes back and says we would recommend raising taxes on households earning less than $250,000 a year, would you accept that as part of a larger deal?” asked Bloomberg reporters in a Business Week article.
“I don’t want to prejudge the commission because the whole point of it is to make sure that all ideas are on the table, and let’s see what folks can come up with. What I want to do is to be completely agnostic in terms of solutions.”
Um, Mr. President, you did promise. You even promised from the floor of the house last year. So why are you “agnostic” about it? This should have been a one word answer, “No.”
Make no mistake, your taxes will go up. The administration may have to hide them to get them to pass congress (such as taxing your healthcare benefits or including the money your employer pays in social security and other taxes and insurance as part of your income), but you will be forced to fork over your hard earned money to finance his spending spree.
Hope and change never felt so good!