The New York Times: Reports that President Obama will request in his revised Budget for 2012 that taxes go up. This tax hike is dead in the Republican House, if the President does suggest such a move one can say that POTUS is not serious about cutting the debt of the US Government. A tax hike in a recession is just stupid, it would show that President Obama has not grown in office, the Republicans will laugh the Budget out of the room. The idea would be seen as a pandering to the liberal base of the Democratic Party that has not found a tax hike it does not like, it would be a great issue for the Republicans to run on in 2012. The Republican candidate could paint POTUS as a tax and spend liberal in the shape of Walter Mondale of 1984. Lets see what POTUS does folks, lets see if he can surprise this cynical blog.
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