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Obama: No Doubt We Need More Taxes

traitorbill Wrote: Feb 04, 2013 5:14 PM
They promised a balanced approach with tax increases and spending cuts. They got their tax increase. And now they want more revenue through closing loopholes as part of their new balanced approach. When they talk about balance, they're talking only about the government's balance sheet, not the people's.

If you thought the fiscal cliff deal, ObamaCare and the Obama payroll tax hike would be the only increase we'd see heading into President Obama's second term, think again. Even after the rich got soaked on January 1, 2013, former House Speaker Nancy Pelosi said it was "absolutely not" the last tax increase we'd see. President Obama hinted at the same thing and yesterday during an interview with CBS News, he said, "There is no doubt we need additional revenue."

'I don't think the issue right now is raising rates," Obama said. The goal now is to...