Treasury Secretary Geithner opines that the proposed tax hikes are no big deal. Reports the Washington Examiner:
Treasury Secretary Timothy Geithner argued that the Obama proposal would reduce taxes for most Americans. Any increases, he said, wouldn’t occur until 2011, when the economy is “safely into recovery.”
Ah yes, when the economy is supposed to booming despite trillions of extra dollars in wasted spending and accumulated debt.
But the big question is: does Secretary Geithner intend to pay his taxes in 2011 when they go up?
(Indeed, the Obama administration continues in good form. Former Dallas Mayor Ron Kirk, nominated to be trade representative, also had to pay up his taxes. Democrats apparently really do believe that taxes are for other people to pay.)
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