Bush Flirts with Tax Hike

[dhinojosa]

Bush said a long time ago that he would raise taxes "over his dead body."

(http://archives.cnn.com/2002/ALLPOLITICS/01/05/bush.dems.economy/)

Those are some ugly words. Daddy only said "read my lips".

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http://www.nydailynews.com/news/politics/story/281989p-241642c.html

GOP howls over W tax idea

BY RICHARD SISK
DAILY NEWS WASHINGTON BUREAU

WASHINGTON - President Bush's flirtation with a tax increase to pay for his Social Security reform plan sent shock waves yesterday through the ferociously anti-tax GOP base.

Hard-liners said raising the cap on which Social Security payroll taxes are paid from the current $90,000 would amount to a tax increase - no matter how the White House tries to define it as something else.

"This is a massive tax increase and for the self-employed, it's an incredibly massive tax increase," said Grover Norquist, president of Americans for Tax Reform. "Unless it's off the table quickly, there is some danger for him with the base."

Bush opened the door to raising the cap Wednesday but ruled out hiking the 12.4% Social Security tax rate on pay, which is split evenly between workers and employers.

more...

[beyurslf]

1. When did Hell freeze and how did I miss the memo? Bush got something

right?