Friday, February 12, 2010

When Will We Ever Learn?

Have you seen the report that President Obama is now "agnostic" regarding taxing incomes under $250,000?

Has there ever been a presidential candidate who promised to cut or restrain taxes who did not break that promise due to "the realities" of being President? George H.W. Bush told us "read my lips, no new taxes"; two years later he was "forced" to raise taxes to reduce deficits. Bill Clinton said that he'd give a "middle class tax cut"; he wasn't in office three months before he told us that despite trying as hard as he could, he just could not find a way to keep that promise.

Candidate Obama repeatedly and adamantly promised no taxes on incomes under $250,000. Instapundit has video of the pledge here. Now, President Obama is appointing a "blue-ribbon" panel to deal with the budget. "Everything has to be on the table", according to the President, so apparently, if his panel tells him he must raise taxes across the board, he will be compelled to do so.

In the future, I certainly hope that no one casts his/her vote on the basis of a tax promise, unless, that is, the promise is like the one Walter Mondale made, to raise taxes. That's a promise that would have been kept!

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