STEALTH TAXES:Obama WILL Raise Taxes on Middle Class But Will Call it Something Else

Newsmax/The Lid ^ | 10/1/09 | The Lid

[Shellybenoit]

Comments Reuters columnist James Pethokoukis: "Obama's campaign promise to not raise taxes on households making less than $250,000 a year was always considered a joke here inside the Beltway. Maybe it was a joke inside the campaign, too."

President Obama is very serious about keeping to the letter of his pledge not to raise taxes for people who make less than $250,000, so he has fond the perfect way to ensure the implementation of his pledge, semantics. If he calls those taxes something else, its not a tax, after all he is the POTUS, he can do anything he wants right?

We got a preview of his new strategy when OBAMA did his Sunday News shows tour covering of all of the networks ( but Fox). Most of the discussions were lame as you would expect them to be, with one exception, George Stephanopoulos actually went off script and asked one tough question.

[Patrick1]

Revenue enhancement.

[lmr]

Indeed, they are already calling Cap and Tax a ‘Jobs’ bill.

[Rembrandt]

It’s pretty obvious that the U.S. will have a value added tax within the next 12 months, perhaps only 2%, but when the Income tax was first implemented (Thanks Democrats) it was only about 1%. Surprisingly, the Income Tax grew after that.

[cc2k]

I saw this coming a long time ago. He won’t raise (increase) any taxes (well, except on smokers, they don’t count). But he will create brand new taxes. That isn’t raising a tax. Heck, he could even abolish a tax and bring it back with a slightly different name at a higher rate. So he gets credit for eliminating one tax, hey, that’s a tax cut, for real. And the new tax, that’s just new. You can’t raise that, it’s new.

---

From the desk of cc2k:

Legislative Proposal: Federalism tax credit Term Limits from the Grass Roots The Two Million Frog March (Why 9-12-2009 spells trouble for Republicans and Democrats alike)