Obama vs. Obama on Tax Increases During Weak Economy

Not long ago, Obama warned that raising taxes in a struggling economy is “the last thing you want to do.”

In a 2009 interview with Chuck Todd, Obama said, “The last thing you want to do is raise taxes in the middle of a recession because that would just suck up – take more demand out of the economy and put business further in a hole.” Source

Yet now, with the economy in the worse shape of his presidency and since the “Great Depression” he wants to raise taxes on businesses…in addition to the coming 2013 tax increases that he has already passed that would make us the single highest corporate/business taxer on earth while other countries are falling over themselves to lower taxes so that their businesses can compete in the global economy?

Yep, that’s what he said.

Please share:

Secured for spam by MLW and Associates, LLP's Super CAPTCHASecured by Super-CAPTCHA © 2009-2010 MLW & Associates, LLP. All rights reserved.