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Obama: on second thought, maybe I won't rescind the Bush tax cuts... By Rizzuto Mon Sep 08, 2008 - Congratulations to Barack Obama on finally realizing tax increases will stifle the economy. Did you finally pick up that Economics 101 textbook you were probably too busy to read when you were engaged in radical leftist politics at Harvard and Columbia? Or is this just another political triangulation you've become so well known for? This from The Associated Press: Democrat Barack Obama says he would delay rescinding President Bush's tax cuts on wealthy Americans if he becomes the next president and the economy is in a recession, suggesting such an increase would further hurt the economy.Since he's already made it clear that he sees taxes as a form of punishment, would this simply be a stay of execution for Americans?
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