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Obama may delay tax-cut rollback for wealthy (and who says Obama isn't a liar?)
yahoo news ^ | 11/23/2008 | Randall Mikkelsen/reuters

Posted on 11/23/2008 8:48:11 AM PST by tobyhill

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.

David Axelrod, the Obama campaign strategist who was chosen to be a senior White House adviser, was asked if the tax cuts could be allowed to expire on schedule after tax year 2010 rather than being rolled back by legislation earlier. "Those considerations will be made," he said on "Fox News Sunday."

Bill Daley, an adviser to Obama and commerce secretary under former President Bill Clinton, said on NBC's "Meet the Press" that the 2010 scenario "looks more likely than not."

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Business/Economy; Extended News; News/Current Events; Politics/Elections
KEYWORDS: 111th; alexrod; bho2008; brokenpromises; bushtaxcuts; elections; obama; obamatransitionfile; taxes
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1 posted on 11/23/2008 8:48:11 AM PST by tobyhill
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To: tobyhill

This whole election has been a joke. This is going to be a third Clinton term. What a change.


2 posted on 11/23/2008 8:50:59 AM PST by usaproud (VERY)
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To: tobyhill

Obama’s minions want to delay the tax increases until after the midterm elections.


3 posted on 11/23/2008 8:52:02 AM PST by Mojave (http://laissez-fairerepublic.com/)
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To: tobyhill
He doesn't know what to do.

The economy is in bad shape and he can't TAX his way to prosperity with the unemployment rate being so high and companies going bankrupt. The “change” he talked about - is whatever you want it to be. That's the beauty of Obama’s kind of change. If he can't socialize us immediately - it'll be because of BUSH. Anything that goes wrong is Bush's fault.

4 posted on 11/23/2008 8:52:50 AM PST by nmh (Intelligent people recognize Intelligent Design (God).)
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To: usaproud

It is looking like Bush’s 3rd term too.

Victory in Iraq and keeping Bush’s tax cuts too.


5 posted on 11/23/2008 8:55:44 AM PST by staytrue (YES WE CAN, (everyone should get in the practice of saying it, it will soon be manditory))
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To: nmh

What a minute. Is Obama saying Bush tax cuts was the right move after all. ROFLMAO!!!!! He has not taken office and he is breaking campaign promises. LOL!!!


6 posted on 11/23/2008 8:55:57 AM PST by Orange1998
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To: nmh
He doesn't know what to do. The economy is in bad shape and he can't TAX his way to prosperity with the unemployment rate being so high and companies going bankrupt. The “change” he talked about - is whatever you want it to be. That's the beauty of Obama’s kind of change. If he can't socialize us immediately - it'll be because of BUSH. Anything that goes wrong is Bush's fault.


7 posted on 11/23/2008 8:57:03 AM PST by yankeedame ("Oh, I can take it but I'd much rather dish it out.")
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To: tobyhill
Anyone who watch this communists nitwit with his glib talking points knew he was lying. Stupid Americans have been in a shell for most of their lives. The Obama machine and the RATS he is bringing on board is really scary, but what scares me most is the 2/3 of blind dumb brain dead Americans that believed him.
8 posted on 11/23/2008 9:01:03 AM PST by Logical me (Oh, well!!!)
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To: tobyhill

From the golden EIB microphone into Barry’s ears. If he really does delay extend/extend the cuts, I will give credit where credit is due.


9 posted on 11/23/2008 9:04:18 AM PST by libh8er
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To: yankeedame
Low Tax Rates Grow the Economy, Stupid

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10 posted on 11/23/2008 9:04:58 AM PST by Son House (Mr. Øbama, Your Tax Increases Are Decreasing Job Opportunities)
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To: Orange1998
Ah but that fits into Obama’s core philosophy.

It's getting people to LOOK TO GOVERNMENT for RELIEF!

You can't KEEP the money you've earned. Nah, it must be DOLED OUT BY GOVERNMENT. According to Obama GOVERNMENT IS THE ANSWER. Share and share alike. Run up the DEFICIT and have the NEXT GENERATION get the BILL.

11 posted on 11/23/2008 9:05:49 AM PST by nmh (Intelligent people recognize Intelligent Design (God).)
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To: tobyhill

Obama is Bush .... Who woulda thunk it.... and yet the left doesn’t scream ... In fact what I read on the lefty blogs is oh isn’t it so refreshing to have Obama.... he can do not wrong he will right all the wrong things in America.... Obama will do nothing and reap the success of Bush.... LOL ... too funny.... lets see how the media reports it...


12 posted on 11/23/2008 9:09:00 AM PST by tomnbeverly (Obamanation, here comes the pogrom against Conservatives.)
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To: yankeedame
Federal Receipts for 2005 are a RECORD $2.15 Trillion, 2006 another record, and yet Democrat Politicians are telling us record Federal Receipts are coming from a bad Economy?
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13 posted on 11/23/2008 9:09:14 AM PST by Son House (Mr. Øbama, Your Tax Increases Are Decreasing Job Opportunities)
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To: tobyhill

I wonder what Nancy Pelosi and Dirty Harry have to say about this? What if Congress passes a tax increase?


14 posted on 11/23/2008 9:14:21 AM PST by SSS Two
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To: tobyhill

What liars — they plan to put in tax increases into the stimulus package, then “let the taxcuts expire”, which they are counting as NOT increasing taxes.

See this article from yesterday:

Obama Plans Two-Year Effort to Revive U.S. Economy (w higher taxes, socialized healthcare!!!)

http://www.freerepublic.com/focus/f-news/2136561/posts

“But as part of a stimulus package, his advisers have discussed letting the Bush tax cuts for the wealthiest Americans expire after 2010 as scheduled.

Politically, by simply letting the tax cuts expire, Mr. Obama would get the benefit of higher revenues in 2011 and beyond to help finance his proposed health care plans without having to take any action himself, and without the Democratic majorities in Congress having to take a vote”


15 posted on 11/23/2008 9:15:16 AM PST by FocusNexus
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To: tobyhill

What politician doesn’t lie?


16 posted on 11/23/2008 9:22:50 AM PST by stuartcr (If the end doesn't justify the means...why have different means?)
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To: yankeedame

I’m guessing that it will be the fault of the opposing party of whomever makes the statement...


17 posted on 11/23/2008 9:24:38 AM PST by stuartcr (If the end doesn't justify the means...why have different means?)
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To: staytrue

You are right. You could also add not closing down Gitmo ASAP or changing interrogation techniques. Aside from embryonic stem cell research and the Mexico City policy, I’ve yet to hear anything that is that much different than what W would do. The whole “change” thing was nothing more than something generated for ratings “sweeps.”


18 posted on 11/23/2008 9:44:19 AM PST by Lou Budvis
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To: libh8er

I won’t give the liar one bit of credit at all. McCain didn’t lie but lost anyway. McCain said he would keep all Bush’s tax cuts from the beginning.


19 posted on 11/23/2008 10:00:57 AM PST by tobyhill (Obama is a lying wimp and anyone who supports him is one too!)
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To: tobyhill

Deer in the headlights.


20 posted on 11/23/2008 10:02:39 AM PST by LiberConservative (Typical white guy)
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