Obama won’t rule out tax increase

8 Aug

It’s funny how much of a difference a year can make.

Do you remember when Candidate Obama promised that 95% of American workers would receive tax cuts? A year later, President Obama is now offering “no guarantees” that there won’t be a tax raise on middle-class Americans:

President Barack Obama’s treasury secretary said Sunday 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.

“If we want an economy that’s going to grow in the future, people have to understand we have to bring those deficits down. And it’s going to be difficult, hard for us to do. And the path to that is through health care reform,” [Treasury Secretary] Geithner said. “We’re not at the point yet where we’re going to make a judgment about what it’s going to take.”

All of a sudden, the biggest spender in the short history of the US is concerned with budget deficits. Obama passes his trillion-dollar phony-money stimulus package written in red ink, and Americans are supposed to foot the bill to fix the deficit?

If Obama really wanted to slash the deficit, he actually has plenty of options besides robbing more Americans of their wealth. The US spends nearly $12 billion a month on the wars in Iraq and Afghanistan and $390,000 a year per soldier to keep them there (there are about 130,000 troops there now). Ending these occupations could do a lot of damage to the debt and deficit, but Obama is instead intent on digging deeper and deeper holes in the sands of Mesopotamia.

Since “healthcare reform” is on the President’s mind in not ruling out tax increases, it should be obvious that Obama has no intention of having just a public option. He wants a completely government-run health care system. Here he is, in his own words, stating that the “public option” will destroy private healthcare and lead to a healthcare system run completely by the USSA:

This is why he wanted it jammed through Congress so quickly. Like the Patriot Act, the quicker the bill goes through, the fewer questions that get asked and the quicker the government can swallow more and more power.

2012 can’t come soon enough.


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