Obama apparently admitted in shrouded and obfuscated language that raising taxes on the wealthy when the economy was possibly slipping into recession may not be wise.

In a George Stephanopolis interview he hedged the wisdom of his previous tax policy. Couched in his words is the idea that tax increases hurts job growth and tax revenues. If it is a bad idea when the economy is weak, why does it become a good idea if the economy strengthens?

Is it because Obama is more concerned with income redistribution than economic growth? Is it because he is now down in the polls and he realizes that historically, candidates promising to raise taxes rarely win? Or did he finally read a freshman economics text book and learn that raising tax rates often reduces absolute tax revenues, hurting his funding for his expansive governement projects?

It is time for both candidates to stop playing football with taxes. We need a consistent tax policy, not one that changes every adminsitration. And it is time to attack the real culprit, the government debt and government spending.

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