“We have not proposed a tax hike for the wealthy that would take effect in the middle of a recession… the last thing you want to do is raise taxes in the middle of a recession because that would suck up, and take more demand out of the economy and put businesses in a further hole.”
-President Barack Obama with MSNBC’s Chuck Todd August 5, 2009
Will President Obama Practice what he preaches with the “Bush Tax Cuts” expiring in January, and not let taxes go up in this recession that we are still in?
And if you are worried about me taking this out of context, here is the video…
Out of context or no?
