This week the Obama Administration admitted that taxes are going up! As I have written in my book, The Stimulus Tragedy, this had to happen. What is surprising is that it happened so quickly. I really expected the government to do everything possible to delay this announcement until at least next year. What this shows us is that the arrogance of Obama and the hypocrisy of this government know no bounds. It will be interesting to see what the public reaction of this announcement is going to be. I believe it will make little difference in public opinion initially. Until the voters, particularly within the Obama crowd, actually are forced to pay these taxes will the tide begin to turn. No one wants to be wrong and until some time has passed and the Obama crowd is actually paying these increased taxes will these people admit it is actually happening. Sadly, by that time it will be too late to change a lot of it. It can be changed, over time, but a lot of harm will already be done. However, that changes nothing. The plan outlined in The Stimulus Tragedy and the implementation of it become even more important.
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