Will Obama veto the $3,700 tax hike Congress is considering for 30 million Americans?

Turkey Toes

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'I can make a firm pledge," candidate Barack Obama told a New Hampshire audience about a year and a half ago. "Under my plan, no family making less than $250,000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes."

The budget unveiled by Senate Budget Committee Chairman Kent Conrad, D-N.D., has been found by the Brookings Institution and Urban Institute to extend the Alternative Minimum Tax to a total of 33 million people, raising their taxes by an average of $3,700 beginning in 2012. That's some dime.

Who would ever think that not "one single dime" in tax increases really meant "Brother, can you spare $3,700?"
 
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