According to this story , Barack Obama is having second thoughts about his tax plan. "WASHINGTON (AP) - 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."
"What about increasing taxes on the wealthy?
"I think we've got to take a look and see where the economy is. I mean, the economy is weak right now," Obama said on "This Week" on ABC."
My questions:
Senator Obama, if rescinding the tax cuts would hurt the economy, why would you ever do it?
If you think such tax cuts are good for a weak economy, does that mean that President Bush was right to call for them after our economy took hits from 9/11, Katrina, etc? Does that mean that he was right and Joe Biden was wrong?
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