During his first year in office, President Obama said, “The last thing you want to do is to raise taxes in the middle of a recession.”
In 2010, the president again insisted he would avoid tax increases while speaking to a gathering of House Republicans:
Why would the president oppose raising taxes when economic growth was 5.6 percent but propose raising taxes when it’s at 1.9 percent? When it’s politically advantageous to be seen as raising taxes on the rich.
If there’s another answer to that question, it’s not obvious – or not obvious to me, anyway. But that’s precisely what Barack Obama has done.
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