Tuesday, June 30, 2009

Tax Increases Coming Soon

I warned in March that Obama plans to raise taxes. Then in April, an ex-Clinton White House official said Obama would raise taxes, but not until after he’s re-elected. Now Roger Altman, Clinton’s deputy treasury secretary, has written that Obama will raise taxes as early as next year, “because it is no longer a matter of whether tax revenues must increase, but how”.

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