Obama Keeps Recycling Failed Tax Policies
There he goes again. It seems that President Obama just can’t help himself. He keeps pushing Congress to pass policies it has rejected in the past or has foolishly passed to little beneficial effect.
The latest recycling of policies comes from the President’s Post-It note to-do list for Congress. If only Congress’s actual to-do list was so small.
Besides leaving out the most pressing issues facing the country—reforming entitlement programs and full-scale tax reform—the President’s to-do list for Congress curiously leaves off the most urgent issue it needs to tackle right now. That would be Taxmageddon and the $494 billion tax hike that will slam the economy on January 1, 2013, unless Congress and President Obama act soon to stop it.