White House Plays Down Tax-Raising Talk

(CBS)
"Under my plan, no family making less than $250,000 a year will see any form of tax increase," he said. "Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes."
He repeated it countless times, both as candidate and president.
That's why it was so stunning – and created such a furor on cable and in the blogosphere -- when BOTH Treasury Secretary Tim Geithner AND Larry Summers, top economic advisor in the White House, seemed to fudge on the issue on Sunday's talk shows.
Here's a key part of the exchange between Bob Schieffer and Larry Summers on CBS' "Face the Nation":
SCHIEFFER: No tax increases for middle-income Americans?
SUMMERS:...There is a lot, though, there is a lot that can happen over time. But the priority right now, so it is never a good idea to absolutely rule things -- rule things out no matter what. But what the president has been completely clear on is that he is not going to pursue any of his priorities -- not health care, not energy, nothing -- in ways that are primarily burdening middle-class families. That is something that is not going to happen.
Wait a minute: "PRIMARILY" burdening middle-class families? I thought it was NO tax hikes for middle-class families.
And it's never a good idea to absolutely rule things out? Isn't that what the president has done again and again and again on middle-class tax hikes?



