Took him less time than it took Clinton to reverse himself. You watch for the tax hike announcement by Wednesday (hence, it being “lost” in the holiday news, and forgotten by the press the following Monday).
The tax hike has already been “announced.” Two big Bush tax cuts expire on January 1, 2009-—because the Rats repeatedly refused to make these cuts permanent. Ones that will especially hurt those in the stock market.
Excerpt:
Capital Gains: Rates will rise to 10 or 20 percent, depending upon income, on January 1, 2009.
Dividends: Rates will rise to match standard income tax rates on January 1, 2009.
http://www.heritage.org/research/taxes/wm486.cfm