Obama might have to break a campaign promise to get his wish of government run health care. His advisors are stating that a middle class tax hike might be necessary to fund Obama's health care legislation. How can the government target tax increases at certain people within our progressive tax systems that punishes achievement?
Obama's advisors are now worried about the budget deficit. Where was this concern when he passed the stimulus bill and everything else that was passed by Congress this year? This concern should have made a long time ago, before the government took over two auto companies, bailed-out of major banks, and everything else.
It's Clinton 1993 all over again. He promised a middle class tax cuts but raised marginal rates on the middle class in order to reduce the deficit.
http://finance.yahoo.com/news/2-Obama-officials-No-apf-2491158742.html?x=0&.v=7
http://news.yahoo.com/s/ap/20090803/ap_on_go_ca_st_pe/us_economy
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