Monday, December 8, 2008

Obama's Tax Policy Becoming More Clear....

I am tempted to stand up and sing the Hallelujah Chorus from Handel's Messiah!  Not only in the spirit of the season, but also because it appears that Obama's prospective tax policy for his administration has a centrist bent.  He is already angering liberals because it is becoming increasingly evident that he is not for too much "change" after all.  He has voiced that he will not support a windfall profits tax on oil companies.  This tax would not make sense right now anyway with the price of oil dropping like a rock.  Also, rather than increasing taxes on the "wealthy" who make more than $250K, he has said that he will simply let the original Bush tax cuts expire at the end of 2010.  I am not holding my breath, but I am cautiously optimistic.  To be continued...  

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