Obama won't raise your taxes? Think again
Here's the quote from Tuesday night's speech - "If your family earns less than $250,000 a year -- a quarter million dollars a year -- you will not see your taxes increased a single dime. I repeat: Not one single dime. (Applause.) Not a dime. In fact, the recovery plan provides a tax cut -- that's right, a tax cut -- for 95 percent of working families. And by the way, these checks are on the way. (Applause.)"
Does Obama mean no tax increase just in 2009? What about next year and the year after that?
Unfortunately, the top 2% of income earners don't make enough money for all the increased spending to come from higher taxes on them.
http://online.wsj.com/article/SB123561551065378405.html?mod=todays_us_opinion
When is Obama going to raise taxes on the rest of America?
