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Will There Be a New Tax on The Middle Class?
#1
Not that Obama hasn't already broken his promise not to raise taxes on 95% of Americans, but it looks like another tax could be coming down on us.


"To get the economy back on track, will President Barack Obama have to break his pledge not to raise taxes on 95 percent of Americans? In a “This Week” exclusive, Treasury Secretary Tim Geithner told me, "We’re going to have to do what’s necessary.”
Geithner was clear that he believes a key component of economic recovery is deficit reduction. When I gave him several opportunities to rule out a middle class tax hike, he wouldn’t do it."

“We will not get this economy back on track, recovery will be not strong and sustained, unless we convince the American people that we are going to have the will to bring these deficits down once recovery is firmly established,” he said.

http://blogs.abcnews.com/george/2009/08/...class.html
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Will There Be a New Tax on The Middle Class? - by Old School - 08-02-2009, 07:18 PM

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