A Question for Obama on that Tax Cut
Writing for the Wall Street Journal, William McGurn reminds us what happened the last time a Democrat presidential candidate promised to cut middle-class taxes. Thatâ€™s right, Bill Clinton forgot his pledge even before taking office and went on to raise taxes on almost everyone. Is there any reason to expect a repeat from a Barack Obama administration?
Well, Obama has been a lot more forceful in the promotion of a middle-class tax cut than Clinton ever was. But Obama wonâ€™t be writing the bills, will he? Heâ€™ll have a Democratic Congress writing the final legislation. Will they comply with his plan?
I donâ€™t know. But hereâ€™s the question I would really like to hear asked of Obama tonight:
If Congress sends you a bill that raises taxes on anyone making less than $250,000 a year, will you veto that bill, even if the rest of the legislation is acceptable?
The directness of Obamaâ€™s answer will tell us how serious he is about cutting most of our taxes. Is it a true conviction or just political window dressing?