Fox News: Reports that Senator Obama is moving on his policy to end the Bush Tax Cuts of 2001. In the fight against Hillary Clinton he wanted to reverse the Bush Tax Cuts but now that the economy is going in to recession he knows this would be a disaster, tax cuts help in a recession, not tax hikes on the wealthy. If Obama makes this move the left of the Democratic Party will not be happy, they don’t care about reality they just want to raise taxes, lets face it the Hollywood type is not affected, it’s the Middle Class that gets kicked in the backside.
A look at the Politics of the United States and the UK. The Foreign Policies of both countries and how they behave in the International Community.
Sunday, September 07, 2008
Obama the Flip Flopper on TAX
Fox News: Reports that Senator Obama is moving on his policy to end the Bush Tax Cuts of 2001. In the fight against Hillary Clinton he wanted to reverse the Bush Tax Cuts but now that the economy is going in to recession he knows this would be a disaster, tax cuts help in a recession, not tax hikes on the wealthy. If Obama makes this move the left of the Democratic Party will not be happy, they don’t care about reality they just want to raise taxes, lets face it the Hollywood type is not affected, it’s the Middle Class that gets kicked in the backside.
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