Obama Adviser: We're Still Raising Taxes

November 9, 2008 RSS Feed Print

Some folks interpreted comments made by Barack Obama at his press conference as a signal that he might not raise taxes. I never bought into that analysis, and it is looking more and more like I am correct. Here is what an unnamed Obama adviser told the N.Y Daily News: "No change to the tax plan at all." There you go.

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Actually, Barack Obama voted to raise taxes on anyone making over 43,000. That is not wealthy by any means. Another thought; how is raising taxes on successful business owners going to help the economy? Don't we want prospourus business and more consumer spending to allow the economy to get better? It just does not add up to me. Why should "spread the wealth" even be discussed? It is like penalizing people for being successful in our nation. It just really does not make any sense what so ever. Raising taxes in any way, shape, or form is NOT going to help the beaten economy of the United States of America. Maybe we will get it right in 2012.

Ben of WI 9:27PM December 10, 2008

The original statement: "Some folks interpreted comments made by Barack Obama at his press conference as a signal that he might not raise taxes. I never bought into that analysis, and it is looking more and more like I am correct. Here is what an unnamed Obama adviser told the N.Y Daily News: "No change to the tax plan at all." There you go."

My interpretation of what the writers says is that folks interpreted Obama comments as signal he would not raise taxes but the writer doesn't not believe the, writer thinks Obama will raise taxes and supports this by the quote of "no change to the tax plan at all" by the Daily News.

What am I missing here??? If the quote by the Daily News is that there is not change to the tax plan at all doesn't that support the contention that he will not raise taxes-if he doesn't change it then he won't be raising taxes will he??

of TX 11:34AM November 19, 2008

I am constantly puzzled by people who talk about taxes in terms of what is fair.I prefer to think about taxes based on what tax policy will produce the greater economic expansion and the highest wages.

Employers create jobs and pay wages, shouldn't the tax code provide incentives to create more jobs at higher wages. Does raising the income tax rate on corporations, capital gains and business owners make them more inclined to create jobs. Does this type of tax policy produce incentives to pay higher wages.

If you lose your job as a result of the tax increase, how much comfort will your $500 rebate provide you .

DJC of FL 11:39AM November 10, 2008

Capital Commerce

Capital Commerce

U.S. News business reporter Matthew Bandyk examines the issues, people, and debates that shape the nexus of political and economic life in the nation's capital.

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