Monday, August 3, 2009

White House: No Guarantee Taxes Won't Go Up

Yikes! Hold on. Things might get bumpy:
President Barack Obama's treasury secretary on Sunday said he cannot rule out higher taxes to help tame an exploding budget deficit and his chief economic adviser would not dismiss raising them on middle-class Americans as part of a health care overhaul.

Surprised? You shouldn't be. Some of us have been warning about this very thing for some time, now. You can be sure that after this trial balloon floats, and if no one shoots it down, tax increases will be on their way so get ready.

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