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WASHINGTON (Reuters) - President-elect Barack Obama may consider delaying a campaign promise - to roll back tax cuts on high-income Americans - as part of his economic recovery strategy, two aides said on Sunday.
Whats hapenning is reality is about to meet Mr Obama. He aint God, just another political liar.
? I think he's learned the real depth of the trouble we're in and he's adjusting accordingly. Would you rather he said, "Nope, we're sticking with my plan from January 2007"?
Are you just sulking because this destroys the right wing's "socialist" accusations? That's okay, there'll always be things to criticize and complain about. Just move on, with Rush and Sean.
? I think he's learned the real depth of the trouble we're in and he's adjusting accordingly. Would you rather he said, "Nope, we're sticking with my plan from January 2007"?
Are you just sulking because this destroys the right wing's "socialist" accusations? That's okay, there'll always be things to criticize and complain about. Just move on, with Rush and Sean.
Heck, I as a lowly citizen knew the real depth and problems, yet I'm not president-elect and my Ph. D. isn't even in economics or finance. I thought Obama was an intelligent person?
Obama is a Republicrat...just another slimeball like the rest.
I think as President-Elect he and his teams are privy to information we dont know.
Do you always see black helicopters, or only on Mondays?
Many economists have forecasted this crisis and the problems with raising taxes for the wealthy. Nothing in that is news. The information has been available to those who want to read it, and not part of any gov't conspiracy as much as you'd like to hope as an alibi for Obama's ignorance. Your messiah just chose not to read the information or believe it until his yes men schooled him.
Didnt mean to sound black-helicopterish, even though it is Monday - I meant, it makes sense that he knows more now about the projections for the economy and the various alternatives to keeping everyone afloat than he did on the campaign trail. Also, the problem gets deeper every day - compare now to even September.
The tax for the wealthy is a good bargaining chip with republicans when it comes time for obama to try and pass his economic packages. I doubt he will eliminate the tax increase, probably going to let it expire in 2011
I propose an income tax system based on the sum of all income regardless of source be taxed at a progressive rate from 25% to 95% with a deductable of 4 times the mean income. I current terms this would means a person making $200 thousand would pay no Federal Income Tax and a person with a $10 million bonus would pay $9 million.
This would start to restore fairness to our economy.
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