Matt Miller lets the
cat out of the bag: there will be broad-based tax increases.
Not just higher taxes on the "rich." Not just higher cigarette
taxes. Taxes will go up across the board even if Congress kills
cap and trade. The logic of Obama's economic plans, not to
mention simple arithmetic, makes this inevitable. Obama may wait
until the economy improves. He may wait until he is safely
reelected. But the debt level is unsustainable and the only way
to afford this much spending is through higher taxes.
Pete| 4.7.09 @ 3:55PM
brought to you by....the sky is blue, water is wet, Obama lies, the sun rises in the east and sets in the west, etc....