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  • Obama: "I Will Raise Taxes"

    05/08/2008 6:06:06 PM PDT · by Free ThinkerNY · 250 replies · 432+ views
    townhall.com ^ | May 8, 2008 | Amanda Carpenter
    By Amanda Carpenter Thursday, May 8, 2008 Democratic presidential candidate Barack Obama flatly promised to raise taxes in a television interview Thursday afternoon. “I will raise CEO taxes,” Obama told CNN’s Wolf Blitzer on “The Situation Room.” “If you’re a CEO in this country you’ll probably pay more taxes,” Obama said. Obama speculated his CEO tax rates “won’t be prohibitively high, you’ll pay roughly what you did in the 90’s when they were doing fine.” Obama also said he would eliminate the Bush tax cuts and install what he called a “middle class tax cut.” Blitzer asked Obama to define...