Monday, August 3, 2009

More Taxes On The Way?

The following is part of a wire service story on raising taxes on the beleaguered middle class to pay for health care. I find the proposals on health care reform down right scary since the nanny state is involved. IMHO the government will not end up raising the standards of the poorly insure up to my level but end up bringing me down to their level.

WASHINGTON — Two of President Barack Obama's economic heavyweights said middle-class taxes might have to go up to pare budget deficits or to pay for the proposed overhaul of the nation's health care system.

The tough talk from Treasury Secretary Timothy Geithner and National Economic Council Director Lawrence Summers on Sunday capped a week that brought rare good news for the economy: The worst recession in the United States since World War II could be on the verge of ending. Even so, officials appeared willing to extend unemployment benefits.

Geithner and Summers both sidestepped questions on Obama's intentions about taxes. Geithner said the White House was not ready to rule out a tax hike to reduce the federal deficit; Summers said Obama's proposed health care overhaul needs funding from somewhere.

"There is a lot that can happen over time," Summers said, adding that the administration believes "it is never a good idea to absolutely rule things out, no matter what."


anonymous said...

As the song says: "How much does it cost?" "I'll buy it." This is traditional tax and spend only reversed. Spend now and tax later. Trillion bucks spent.

anonymous said...

One one end Obama bails out billion dollar corporations and on the other end is the expanded hand outs to those who the moonbats feel were just delt a bad hand in life. What it really amounts to is buying votes. Guess who will pay for it?

Suo Mynona said...


The soils were cleaned up in five hours with no damage to the school (Town's expense.)

The structural corner of the school has been rebuilt through donations at a cost of $3,500. The rest of the corner will require another $3,500.

Next we are moving on to other structural areas that cost an additional $6,000

There will be a presentation at the BOS August 10th

Tax deductible donations are needed.

Please mail a check of any amount payable to: Middleboro Rotary

In the "FOR" section of the check write: Green School Preservation

Mail the check to:
Lincoln Andrews
28 Sachem St
Middleboro, MA 02346

We have saved the school and saved the town money. It would have cost the town more money to dispose of the school and fill in the hole.

Questions call me @ 508-947-7071

Suo Mynona said...

Great Thomas Jefferson quote going around these days:

"A government big enough to give You everything you want is powerful enough to take everything you have"