Ace of Spades HQ

November 23, 2008

Obama Aides: About Repealing Those Evil "Bush Tax Cuts"? Someday But Not Anytime Soon
— DrewM

This stuff is almost getting to be laughable.

After railing for years about those "tax cuts for the rich" and promising to get rid of them to provide middle class tax relief, Team Hope And Change is suddenly singing a different tune.

During an appearance on NBCs Meet the Press, Obama economic adviser William Daley suggested that the incoming administration would reconsider whether to quickly increase taxes for Americans earning more than $250,000 per year.
Daly, who was commerce secretary under former President Bill Clinton and is the brother of Chicago Mayor Richard Daly, said it looks more likely than not that Obama would not seek legislation to repeal President George W. Bushs cut in the tax rate for the wealthiest Americans before it is scheduled to expire after the 2010 tax year. Bush cut the top rate to 35% from 39.6% in 2001.
Obama had promised to restore the top tax rate to its earlier level, while cutting taxes for the middle class.
Obama on Saturday outlined the framework of a plan to save or create 2.5 million jobs by the end of 2010, and is scheduled to introduce the leaders of his economic team on Monday.
David Axelrod, an Obama political strategist who was recently named as one of the president-elects senior White House advisers, also suggested during an appearance on Fox News Sunday that Obama was considering delaying the tax increase, but he did not elaborate.

Apparently it turns out raising taxes is bad for the economy. Who knew?

Of course as we know, Obama doesn't see tax policy as impacting wealth creation, for him it's all about wealth redistribution and 'fairness'.

Still, even with that kind of mindset it's funny how the facts of life are slapping The One in the face so soon after the election. It's almost as if a lot of what he said was just crap to get dumb people to vote for him.

Posted by: DrewM at 10:40 AM | Comments (73)
Post contains 350 words, total size 2 kb.

1 I get a kick out of it, but I'll be really *Really* relieved if it turns out this guy was just an opportunist and never a true believer.

Sure, it probably makes things worse for the Republican Party in climbing back into power anytime soon, but it makes more likely there will still be a recognizable country to take over again when that time comes.

Posted by: AD at November 23, 2008 10:48 AM (dW9kw)

2 I won't complain. But isn't it record time to break just about every campaign promise?

Posted by: lorien1973 at November 23, 2008 10:50 AM (ddGv/)

So we'll be hearing outrage from the nutzrootz any second now, right? Cuz, you know- he was going to bring "fundamental change" n' shit, right?

What a fucking joke

Cant the cocksuckers admit they just wanted to beat Bush and it didnt matter if it was fuckin' Donald Duck on their ticket? Policy was always irrelevant. The guy is turning into W with bigger ears and purpler lips

Posted by: TMF at November 23, 2008 10:51 AM (/YM8H)

4 Obama as an empty suit political opportunist will work until there is a crisis that will require policy a little more nuanced than platitudes.

Posted by: Long Island at November 23, 2008 10:54 AM (XHzEP)

This is too funny. I wish these guys would get their story straight. Is Obama for tax cuts or is he against them? Is he going to raise taxes or not? I think THIS, as much as anything, is contributing to the huge volatility and uncertainty on Wall Street. Either way, The One needs to go on TV and say "my plan is going to raise taxes by X% and if you don't like it, tough noogies" and then the market will be able to reach a bottom and go up from there, or he needs to say "my plan won't raise taxes until next year", and then the market will have an instant rally.

Posted by: chemjeff at November 23, 2008 10:54 AM (VLxln)

6 Does this mean I'm not getting a pony?

Posted by: myiq2xu at November 23, 2008 10:55 AM (2WD/G)

7 "It's almost as if a lot of what he said was just crap to get dumb people to vote for him."

Ya think?

BTW, looks like it worked. Now we get to hear all the bitching......'cause the Hope and Change wasn't. Let the comedy continue.

Posted by: GarandFan at November 23, 2008 10:56 AM (HLrE4)

8 The point is, Obama is actually damaging the economy by not taking a firm stand one way or the other. He is not being a leader. No surprise there.

Posted by: chemjeff at November 23, 2008 10:57 AM (VLxln)

9 As a conservative, I'm used to politicians completely betraying me. However, it will be highly entertaining to watch Neville Obama throw the entire Left under the the bus over and over again. It's already happening, and he's not even president yet!

/no one is getting a pony, and trust me, if there's no pony, you can kiss the unicorn goodbye too.

Posted by: shibumi at November 23, 2008 10:58 AM (tZB/c)

10 Why did I even bother voting? Oh right, judges.

Posted by: Arthur at November 23, 2008 11:00 AM (sQn4O)

11 Did you all see the article about Barry throwing everyone who's pissed off Hillary under the bus in exchange for her being SoS?

Posted by: Dead Career Sketch at November 23, 2008 11:01 AM (JTN0y)

12 Quite simply, liberals don't care about what policies are supported as long as liberals get the credit for anything good. Obama's not stupid. He's not going to do most of the things he promised. And liberals are not going to hold him to his promises. It doesn't matter to them how much his policies mirror those of Bush, because they didn't care about the policies. They only cared that Bush be shown as evil and Obama be shown as good. That's why Obama will get more credit for being less centrist than Bush. Republicans will be glad that he supports some good policies, and liberals will love him regardless. For liberals, it was never really about policies, but about showing that they are good people.

Posted by: JohnJ at November 23, 2008 11:02 AM (DhaeK)

It really doesnt matter what the One wants. Rangel will state what HE wants and he will get it. What Rangel has stated over and over is tax tax tax every damn person who is making a net positive take home pay.

All of this talk now is just a smoke screen.

Posted by: Vic at November 23, 2008 11:02 AM (Qd7GC)

14 Wasn't a McCain presidency going to be 4 more years of Bush? Even Obama's foreign policy is looking like a continuation of Bush's. So does this mean Bush was right all along?

Posted by: Long Island at November 23, 2008 11:03 AM (XHzEP)

15 This guy doesn't have a fuckin' clue. Most of us knew that. I wonder how long it will take him to cut a deal with Billy Jeff to govern from the shadows.

Posted by: CB at November 23, 2008 11:04 AM (9Wv2j)

16 What Rangel has stated over and over is tax tax tax every damn person who is making a net positive take home pay.

Not everyone. Me for example, I'm all about avoiding taxes as much as possible.

Posted by: Charles Rangel at November 23, 2008 11:06 AM (hlYel)

17

Hey, if he breaks every damn promise.. he might be a decent president.

Hypocrisy I can believe in.

Posted by: IreneFingIrene at November 23, 2008 11:07 AM (A9rtY)

18 I think such a deal has already been made, CB. Barry just wants to make speeches in front of cheering throngs. He doesn't want to get involved in anything that requires actual work.

Posted by: Dead Career Sketch at November 23, 2008 11:07 AM (JTN0y)

19 Present!

Posted by: toby928 at November 23, 2008 11:11 AM (PD1tk)

20 Vic,
You are exactly right, sir. The Democrat majorities in the House and Senate will force him to "accept" his preferred policies. Obama will play Congress against the middle, look like a centrist and pass all the bull shit he promised anyway. He knows he has to toss the Nutroots under the bus.

Hell, the man threw his grandmother under the fucking bus. It's not like he gives a flying fuck about some bloggers. Cockholster.

Posted by: Nom de Blog at November 23, 2008 11:12 AM (nOQ1R)

"I get a kick out of it, but I'll be really *Really* relieved if it turns out this guy was just an opportunist and never a true believer."

I think is really is a true believer. However, I think the economy is so sick, his advisors are telling him he just can't do this right now. It just cannot be done without serious consequences - a fact he just cannot ignore.

Posted by: Jane at November 23, 2008 11:12 AM (gIQ7K)

22 I see what's going on - he's just spray painting the "failed policies of George W. Bush" so he can claim them to be new and his own.

HOPE. CHANGE. $79 Earl Scheib paint job.

Posted by: Purple Avenger at November 23, 2008 11:13 AM (vIdk6)

I vote PRESENT.

Fusk the details.

Posted by: 1sttofight at November 23, 2008 11:13 AM (3cPIV)

24 Obama will have to switch parties

Posted by: Wolverine at November 23, 2008 11:14 AM (XsCSe)

Hypocrisy I can believe in.

Heh.

Posted by: John F Not Kerry at November 23, 2008 11:14 AM (HF2US)

26 Obama will have to switch parties

Barry is a party of one

Posted by: toby928 at November 23, 2008 11:15 AM (PD1tk)

27 I always remember Bill Clinton going nuts because Bob Rubin basically said that all of his leftist economic policies were total shit and would kill the bond market etc.
Barry wants his 2 terms and Summers and Giethner will convince him to be a moderate on economic policy.
I hope.

Posted by: jjshaka at November 23, 2008 11:19 AM (bjAN0)

28 He can still destroy the health care industry so he's got that to fall back on

Posted by: toby928 at November 23, 2008 11:21 AM (PD1tk)

To add to my comment above - do you all realize what an economic precipice we are standing on at this point? I believe there are dark days ahead of us the likes of which most of us have never seen. We are in uncharted territory now. The old rules just will not apply. What will the US economy look like in a few years?

One of the things that worries me about this is that we have a strongly 'socialist' view point in the government for the next few years. Rahm Emanuel stated to the WSJ that the administration would throw long and deep, taking advantage of the economic crisis to push wholesale changes in health care, taxes, financial re-regulation and energy.

We can be strong and courageous. And we can stand against the attempt to fundamentally change our country.

Posted by: Jane at November 23, 2008 11:24 AM (gIQ7K)

30 Based on what I've seen so far, its not Obama I'm worrying about anymore, its those other two drooling micro cephalics, Pelosi and Reid. Obie can be rolled, he's getting rolled and he's not even in office yet.

Posted by: Purple Avenger at November 23, 2008 11:26 AM (vIdk6)

31 The revolution is betrayed! "Obama betrayed everything we stand for, threw us into the garbage once our funds and help were no longer needed."

What did these idiots expect? A guy who lies to everyone and will say anything to get what he wants is... wait for it...untrustworthy? Get outa here! WOW, never saw that coming!

Posted by: Travis at November 23, 2008 11:29 AM (GqpEk)

So Obama is turning out to be a pragmatist and a centrist - and this is a bad thing?

I'm greatly relieved by the choices Obama has made so far. He's surrounding himself with smart, experienced people, not radical ideologues. And he seems willing to adjust his policies in light of economic reality.

If he keeps this up, I may just have to vote for the guy in four years.

Posted by: sauropod at November 23, 2008 11:33 AM (J9J4M)

And Charlie Rangel just keeps going. And no one says a word.

http://tinyurl.com/5q2syt

Posted by: PoconoJoe at November 23, 2008 11:33 AM (5EgxS)

34 Obama and his illumati's ideas seem to be created rather haphazardly. I wonder if the sake of the economy was ever a concern in his plans while he was getting elected, or if it was always just about gaining the most votes.

Posted by: EW at November 23, 2008 11:34 AM (n94is)

35 Obama be changin' his ass off!

Posted by: Jones at November 23, 2008 11:45 AM (VkNlv)

36 Well, he's discovered the new formula: taxes are irrelevant; print the money. The FED can just print as much as he and Congress needs, anytime. Look who he selected as Treas. Sec.: the FED's #1 money printer.

Posted by: Jimmy at November 23, 2008 11:45 AM (/Ft4q)

If he keeps this up, I may just have to vote for the guy in four years.

I will continue to stock up on KY Jelly so in four years it will be less painful to take it up the ass than the most recent election. Words and liberal preeening mean absolutely nothing. The only true measure of good goverance will be the accomplishments, and with a stated socialist/Marxist agenda, I take O'Bambi and his minions at their word.

Posted by: Fish at November 23, 2008 11:49 AM (6Rihj)

38 Muwahahahahaha ... the Obuyers remorse is setting in long before I thought it would.

Don't sell that long popcorn position quite yet. There's still plenty of upside.

Posted by: Andy at November 23, 2008 11:53 AM (B+HYX)

39 The irony here is that I doubt 95% of those who voted for him are even aware of what's transpiring. They really are that disconnected.

Posted by: CB at November 23, 2008 11:58 AM (9Wv2j)

40 I know it's silly, but I keep getting this weird feeling that Obama's a conservative mole of some kind. Obviously his voting record and some of his actions so far don't fit, but there's a line between sacrificing ideology to politics and he seems to be riding it pretty hard. Considering what he probably could have gotten away with implementing under his "mandate" and his rhetoric up to this point, I'm almost wondering if he's doing this on purpose. Keep on breaking those promises!

Posted by: Cytherean at November 23, 2008 12:13 PM (qAzcJ)

So, the media sold it's soul so we could get Clinton's third term instead of Bush's.

Gotta love that. Change (back to the nineties) you can believe in!

And while I wouldn't exactly be thrilled if this should be the case, it's a hell of a lot better than Barry actually trying to keep most of his promises.

Posted by: Lee at November 23, 2008 12:17 PM (TxTIh)

42 Lee, I think you might be right. I was one of those whose hatred of Bill & Hill burned with the heat of a thousand suns, but they look pretty goddamn good compared to the "campaign" Barry. And it sure looks like, for lack of an actual plan, he's just gonna go for Clinton redux. Fine. Let's just get it over with.

Posted by: CB at November 23, 2008 12:20 PM (9Wv2j)

43 Before we get too excited about Obama's knifing the Kos Kidz in the back we should bear in mind that when socialists/communists take power the first thing they do is go after their own supporters. This doesn't translate into being fine upstanding believers in Republican democracy.

Posted by: Travis at November 23, 2008 12:23 PM (GqpEk)

44 Now we're sad...

Posted by: 10,000 Homeless Unicorns at November 23, 2008 12:34 PM (COZb8)

45 Where's your messiah nowww?

Posted by: Tobward G Robinson at November 23, 2008 12:56 PM (PD1tk)

46 McCain only voted with Bush 90% of the time--Barry is pushing 100%. Maybe I shoulda' voted for the conservative instead of McCain.

Posted by: Noel at November 23, 2008 01:14 PM (4gHqM)

47 "It's almost as if a lot of what he said was just crap to get dumb people to vote for him."

Rev. Jerry Wright said it himself....on videotape..."He's a politician. He'll say anything to get elected"

Mav should have run this at the end of every ad. But he wouldn't drop the gloves.He could have won this shit.

Posted by: LtE113 (MIke in Chicago) at November 23, 2008 01:49 PM (VnwTv)

48 Just like every single thing from this guys life. Flip flop that is foggy. Bet your aunt Suzies ashcan that he will change this again. Haven't yyou recognized his M.O. yet? He says 1 thing, then floats anyther idea out there to see how it wil lbe accepted and then changes it, without ever having fully commited one way or the other. Just "thinking about it" or "considering it". Notice it's never, i changed my mind or we can't stick with original plan. Everything is being "reconsidered". That doesn't mean it is changing one iota from the original idea except perhaps to reowrd it so it sounds more palitable to the suckers in the public.

Posted by: Idiot with a degree at November 23, 2008 02:00 PM (B/Y39)

49 He hasn't even been sworn in yet. He can change what he is saying 100 times and that doesn't mean a damn thing. Talk is cheap and that is what he is doing, al; talk. He's got everyone wondering what he will do. I don't believe a word that comes out of his mouth. Look at his firends and radical associates. He plans on doing every socilistic thing to make himself the dictator of the world and destroy this country. Up until these recent hemming and hawing, what makes you suddenly think otherwise he has changed one single Adolf idea?

Posted by: Idiot with a degree at November 23, 2008 02:05 PM (B/Y39)

50 He's counting on Congress to do the dirty work wor this Auto bail out. Oh sure, he wants them to do something but he has really distanced himself entirely from getting his hands dirty at all, just more cheap talk. He tried to goad Bush into it and that fell flat on it's face. This thing is a dog and everyone knows it's a dog but it's Pelosi, Reid and the other Dems forcing it to happen. They don't give 2 shits about any "plan" on paper. There is no plan, just some bullshit to justify passing the kickbacks to the unions. We all know this is not going to work and should not be done.Can't blame the Emporoer, he just gave suggestions, Congress will claim innocentce because the Auto Industry didn't follow the plan they submitted to get approval. Does anyone else see this set up coming and the finger pointing and mass blaming?

Posted by: moire crap at November 23, 2008 02:15 PM (B/Y39)

This guy has been jerking people's chain his entire short career. He's lied through his teeth for years and through this entire campaign. Hes refused to disclose just about everything that is related to him no matter how minor the detail and he, along with the MSM, has swept everything under the rug and/or given a totally nonsense fluff excuse for what did come to light.

Now suddenly some people are believing he won't repeal the tax cuts in 2009 when he is "considering" now? Come on, he's yanking chains once again. What has happened to lead you to believe suddenly you are hearing the truth? Look at all that has gone on up to this point, despite the reality of the situation.

Posted by: think about it at November 23, 2008 02:51 PM (B/Y39)

52 To put it bluntly.

The first 100 days have yet to begin so we would do well to wait and see what this two-faced lying son of a bitch does, rather than what he says.

Posted by: Travis at November 23, 2008 03:05 PM (GqpEk)

Obama has access to the biggest bus ever created. We just thought it was big when he was throwing under every person he's ever associated with. Now, he's tossed under the entire 52% of the voting population that he duped with his "fuck the rich people" rhetoric. And the bringing home the troops rhetoric. And the Git-mo rhetoric. It saves time to just toss them all at once.

The Partridge Family is jealous.... are jealous? Whatever. Obama's bus makes their bus look like a tiny little Matchbox bus.

Posted by: jana at November 23, 2008 04:26 PM (vSRlG)

It's almost as if a lot of what he said was just crap to get dumb people to vote for him.

Seriously? I find this very hard to believe.

Last week, I was working on a computer in a teacher's room. On her wall, she had a poster provided by C-SPAN. It showed all the Presidents with their political and military experience on a timeline. Each different type of experience was color-coded. All I could think was how pathetic Obama's line will look once it is updated.

In 4 years, people won't remember what he promised. If he sticks to Bush's policies 100%, the media will help him proclaim how he saved the day.

Posted by: Steve L. at November 24, 2008 02:33 AM (o0YD+)

55 The demacreeps just want to repeal all tax cuts so they can start taxing and spending again

Posted by: Spurwing Plover at November 24, 2008 05:31 AM (7DEyp)

56 I have to admit that there are quite a few campaign speeches I would like to see him renege on - and, so far, with appointing Hillary his Secretary of State, he seems to be doing away w/one of my greatest fears for him/us: that he was going to be soft on terrorism, particularly in the M.E. Thank G-d!!

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