Dems: “We’re Not Bound to Any Promise Not to Increase Taxes’

Not only are they arrogant, boorish, and chock full of hubris, they’re blatantly honest about it.

Democrats are looking at the possibility of raising taxes on families below the $250,000-a-year threshold promised by President Barack Obama during the election.

The majority party on Capitol Hill does not feel bound by that pledge, saying the threshold for tax hikes will depend on several factors, such as the revenue differences between setting the threshold at $200,000 and setting it at $250,000.

“You could go lower, too — why not $200,000?” said Sen. Dianne Feinstein (D-Calif.). “With the debt and deficit we have, you can’t make promises to people. This is a very serious situation.”

Sen. Byron Dorgan (N.D.), chairman of the Senate Democratic Policy Committee, concurred, saying, “I don’t think there’s any magic in the number, whether it’s $250,000, $200,000 or $225,000.

“The larger question is whether we’ll be able to extend the tax cuts for middle-income folks,” Dorgan said. “The answer, I expect, would be yes, but we don’t quite know how it all fits in the larger picture.”

http://thehill.com/homenews/senate/104919-dems-were-not-bound-by-presidents-tax-vow

C’mon, you knew the “no tax increases” for the Middle Class was a lie didn’t you?   Not three weeks after THE ONE’s coronation, he raised taxes on cigarettes; which hits those that can least afford it.

Tax increases across the board are inevitable with this regime. They have to shake down the population for Obama’s socialist empire, so spending cuts and other forms of fiscal responsibility are out of the question.

Related posts:
http://sfcmac.wordpress.com/2010/04/19/the-coming-tax-hikes-on-middle-class-america/
http://sfcmac.wordpress.com/2010/04/24/say-it-aint-soobamacare-will-raise-taxes/

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