Wednesday, February 25, 2009

Taxes? They will go up:

This is from the New York Times!
Economic Scene - Like Having Medicare? Then Taxes Must Rise -
Toward the end of Monday’s meetings on fiscal responsibility at the White House, Senator Kent Conrad stood up and produced a little bolt of honesty. “Revenue is the thing almost nobody wants to talk about,” said Mr. Conrad, the chairman of the Senate Budget Committee. “But I think if we’re going to be honest with each other, we’ve got to recognize that is part of a solution as well.”

Mr. Conrad’s frankness was delivered in the cryptic language of budget experts, and many people might have missed the point. So allow me to translate:

Your taxes are going up.


Civis Ordinarius said...

Yep! And not just for the "wealthy". It will be take from the "haves" and give to the "have-nots" whether they need it or are responsible enough to warrant it.

If this continues, we'll become indistinguishable from European socialists.

Ron Ballew said...

In 10 years our taxes are going to be through the roof. It has to be with the massive deficits we are going to run.