UNDERNEWS

Undernews is the online report of the Progressive Review, edited by Sam Smith, who covered Washington during all or part of one quarter of America's presidencies and edited alternative journals since 1964. The Review has been on the web since 1995. See main page for full contents

June 29, 2009

OBAMA MAY RAISES TAXES ON MIDDLE CLASS TO PAY FOR HIS INSURER FRIENDLY HEALTH PLAN

Washington Post - President Obama's top political adviser declined yesterday to rule out the possibility that the White House would agree to a tax hike on health insurance plans that would hit middle-income Americans. Speaking on ABC's "This Week," David Axelrod declined to repeat Obama's "firm pledge" during the campaign that families making under $250,000 would not see "any form of tax increase, not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes." Instead, Axelrod said the president has no interest in "drawing lines in the sand" on the issue of how to pay for the costly health reform plan making its way through Congress.

5 Comments:

Anonymous Anonymous said...

For a successful economy we need a tax code that rewards achievement and encourages investment. Encourage the Obama administration to enact policies that bring tax rates in line with our global competitors. Sign the economic and tax policy petition at http://www.friendsoftheuschamber.com/takeaction/index.cfm?ID=42

June 29, 2009 7:20 PM  
Anonymous hampshire said...

For a successful economy we need a tax code that rewards achievement and encourages investment. Encourage the Obama administration to enact policies that bring tax rates in line with our global competitors.raises tax on middleclass is good.

June 30, 2009 6:00 AM  
Anonymous berkshire said...

Obama is a good political adviser.

June 30, 2009 6:45 AM  
Anonymous we don't need no stinking chamberpot of commerce said...

The chamber of commerce is a bunch of corporate crap posing as small business, Fuck them.

June 30, 2009 1:39 PM  
Blogger m said...

US tax rates are low in comparison to the rest of the world. If we bring tax rates in line with our global competitors, then tax rates will go up.

June 30, 2009 2:22 PM  

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