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VIDEO: Geithner Won't Rule Out New Taxes for Middle Class
Real Clear Politics ^ | August 2, 2009 | Real Clear Politics

Posted on 08/02/2009 8:08:31 AM PDT by ianschwartz

Treasury Secretary Tim Geithner said in an interview airing Sunday on ABC's "This Week" that it will take hard choices to lower the deficit "very dramatically." He said overhauling the health care system and lowering costs are keys to getting the deficit under control. Geithner was asked in the interview whether he would rule out new taxes. He said the country needs to understand the administration will do "what's necessary."

(Excerpt) Read more at realclearpolitics.com ...


TOPICS: News/Current Events; Politics/Elections
KEYWORDS: 111th; agenda; bhotaxincrease; middleclass; taxandspend; taxes; timgeithner
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1 posted on 08/02/2009 8:08:34 AM PDT by ianschwartz
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To: ianschwartz

I get it. It is nessessary to lie. That explains it.


2 posted on 08/02/2009 8:10:34 AM PDT by screaminsunshine (!!)
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To: ianschwartz

Please let this be a “Read my lips” moment for Obama.

He caught so much flack for that Joe the Plumber statement and he went out of his way to assure people that he only intended to raise taxes on those *evil* rich people.


3 posted on 08/02/2009 8:11:29 AM PDT by autumnraine (You can't fix stupid, but you can vote it out!)
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To: ianschwartz
Hey, Geithner --
4 posted on 08/02/2009 8:12:07 AM PDT by BenLurkin
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To: autumnraine
Please let this be a “Read my lips” moment for Obama.

I share your desire, but it won't happen. The difference is that Pubbies have a tendency to expect their politicians to keep such promises. The Messiah can do anything and his loyal army of willing slaves will cheer.

5 posted on 08/02/2009 8:14:19 AM PDT by Seruzawa (Obamalama lied, the republic died.)
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To: ianschwartz
yet cutting govt pork is never an option...
6 posted on 08/02/2009 8:18:24 AM PDT by Chode (American Hedonist -ww- I AM JIM THOMPSON!)
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To: ianschwartz
He said overhauling the health care system and lowering costs are keys to getting the deficit under control.

Raise taxes to lower costs. That makes sense only if you're a monkey wearing a suit.

7 posted on 08/02/2009 8:20:48 AM PDT by NotSoModerate
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To: Seruzawa

I believe the Bush tax cuts expire soon and of course the Obozo has said, well, that is not a tax increase.

Meanwhile, wait till next year when those who actually have a job and pay taxes, becoming a minority, find themselves owing money due to the “tax cut” which was a reduction in withholding with no corresponding lowering of the tax rates.
We just finished a mid year review and had to increase our withholding for the remainder or we would be in a negative position.

Keep it up Barry.


8 posted on 08/02/2009 8:21:44 AM PDT by Mouton
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To: Seruzawa
The difference is that Pubbies have a tendency to expect their politicians to keep such promises. The Messiah can do anything and his loyal army of willing slaves will cheer.

It all depends on how many voters are in Obama's army of willing, cheering slaves. We'll find out shortly our fate.

9 posted on 08/02/2009 8:23:26 AM PDT by FreeReign
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To: ianschwartz

AH the TAX CHEAT SPEAKS. He knows HE won’t be paying it. A-hole


10 posted on 08/02/2009 8:24:37 AM PDT by Marty62
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To: ianschwartz

This plain as day statement has been obvious to fiscal conservatives. The money these people are spending is not theirs. It comes from the economic activity of the people of this country. It will probably be a combination of higher personal taxes and higher business/corporate taxes. The people pay more out of pocket to the IRS and get hit with a double whammy when everything they buy increases in price. These people in congress promoting this spending are leeches. There are more apt descriptions for the ‘congress’. None of which can be posted without being deleted.


11 posted on 08/02/2009 8:25:45 AM PDT by allmost
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Right from the mouth of a tax cheat.

The HIPOCRISY of this gnat!


12 posted on 08/02/2009 8:27:14 AM PDT by Kevin in California
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To: ianschwartz
TAX CHEAT TIMMY
13 posted on 08/02/2009 8:27:47 AM PDT by BAW (We had to live through Carter to get Reagan)
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To: ianschwartz

These bastards doubled the deficit, knowing that they would then be able to demand higher taxes. The end goal was raising taxes, while they were claiming that taxes for the middle class would not be raises.


14 posted on 08/02/2009 8:31:13 AM PDT by Leftism is Mentally Deranged (Democrats: liars all)
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To: Kevin in California

It is clear that they want to destroy us. Period.


15 posted on 08/02/2009 8:32:09 AM PDT by Shady (The Fairness Doctrine is ANYTHING but fair!!!!)
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To: ianschwartz

Of course good old Timmy won’t be paying any taxes, will he?


16 posted on 08/02/2009 8:38:26 AM PDT by anoldafvet (Proud Member of the Radical Right-wing Extremist Movement)
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To: ianschwartz

http://www.ritholtz.com:80/blog/2009/07/home-crisis-investigation/

Timothy Geithners House....watch the video ;)


17 posted on 08/02/2009 8:38:51 AM PDT by sheana
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To: ianschwartz

Who else said...no tax increase...Clinton?? Oh, yeh AND he also increased the gas tax!!


18 posted on 08/02/2009 8:39:03 AM PDT by Sacajaweau
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To: ianschwartz
Of course they're going to tax us. They were always going to tax us. Only idiots believed otherwise. But oh, I'm sure it's Bush's fault.
19 posted on 08/02/2009 8:46:34 AM PDT by DesScorp
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To: ianschwartz

Why, you surprise me!


20 posted on 08/02/2009 8:53:54 AM PDT by Oldpuppymax (AGENDA OF THE LEFT EXPOSED)
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