In true democratic fashion, Barock Obama one of the democrat presidential candidates, will propose rolling back the successful tax cuts made by President Bush, to pay for his programs.
In the quest to turn us into a State/Federal run welfare and entitlement country, the proven 'trickle down' effect is still beyond the thinking capabilities of most democrats.
USA Today reports on his speech at Onawa Public Library:
The Illinois senator said that as president, he would roll back income tax cuts for higher incomes to pay for his policy proposals.
But Obama defended as a general principle the idea of reversing income tax cuts enacted during Bush's first term.
"One of the things I think we are going to have to do is reverse some of those Bush tax cuts that went to the wealthiest Americans ... and invest in infrastructure, invest in education, invest in health care for all," he told the group in Onawa.