When President Obama was elected, I noted that everyone should watch their wallets and that tax increases would be on the horizon. Sure, President Obama said that there would be no middle class tax increase. Unfortunately, it appears that every Obama promise comes with an expiration date and this one is no exception.
Senior White House adviser David Axelrod today told George Stephanopoulos that President Obama would not rule out a middle class tax increase as part of a package to pay for health care reform.
I am beginning to wonder if the Democrats’ solution to all problems is to increase taxes.