One of President Obama’s primary campaign promises was no higher taxes for those earning less that $250,000. The income cut-off fluctuated more than 10 percent on a routine basis in 2008, but now the president is “agnostic” concerning tax increases for those in the income category.
Even I figured he would be pretty safe with the $250,000 income level figure, especially since I knew Democrats were fond of hidden taxes on business that ultimately are passed on to the consumer. Once the deficit quadrupled, even The One admits tax increases for the middle class may have to be on the table.
At this point, he’s only willing to not immediately dismiss the increases, but that’s far from what he proclaimed on the campaign trail. So much for the firm pledge.
ag·nos·tic: a person unwilling to commit to an opinion about something <political agnostics>.
From Business Week…
President Barack Obama said he is “agnostic” about raising taxes on households making less than $250,000 as part of a broad effort to rein in the budget deficit.
Obama, in a Feb. 9 Oval Office interview, said that a presidential commission on the budget needs to consider all options for reducing the deficit, including tax increases and cuts in spending on entitlement programs such as Social Security and Medicare.
“The whole point of it is to make sure that all ideas are on the table,” the president said in the interview with Bloomberg BusinessWeek, which will appear on newsstands Friday. “So what I want to do is to be completely agnostic, in terms of solutions.”
Update: Discussion today on Limbaugh’s radio show as I understand it, and Michelle Malkin reminds us he’s already raised taxes for everyone.
Well, he broke his no-middle-class-tax-hike pledge more than a year ago with the passage of the massive S-CHIP expansion funded with regressive skyrocketing tobacco tax increases. But never mind the pesky little details. President Obama now wants you to know he’s “agnostic” on breaking that pledge (again). This time, he’ll just blame it on the sham deficit commission he wants to set up as fall guys.