A Free Voice

Obama says he would delay rescinding tax cuts?
September 7, 2008, 7:43 pm
Filed under: Democrats, Obama, Republicans | Tags: , ,

I was surprised to read this, but Obama seems to have come around on repealing the Bush tax cuts:

Democrat Barack Obama says he would delay rescinding President Bush’s tax cuts on wealthy Americans if he becomes the next president and the economy is in a recession, suggesting such an increase would further hurt the economy.

Nevertheless, Obama has no plans to extend the Bush tax cuts beyond their expiration date, as Republican John McCain advocates. (Yahoo! News)

He admits that rescinding the tax cuts would further hurt the economy, but refuses to extend them. — In other words, Obama is recognizes the harm repealing them would do, but is willing to let them expire and allow the same dammage to be done, just on a delayed basis. — What a joke!!


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