It may seem like a fresh flip flop – the roll back of the tax cut for the rich – delayed

President-elect Barack Obama may consider delaying a campaign promise – to roll back tax cuts on high-income Americans – as part of his economic recovery strategy, two aides said on Sunday.

Again, it was reported back in June that Obama’s rich contributors were already being told this

Meanwhile Obama is telling large contributor bundlers (rich folks) that he may delay the return of Clinton era tax rates for the rich

Interesting in light of the fact that

Bill Daley, an adviser to Obama and commerce secretary under former President Bill Clinton, said on NBC’s “Meet the Press” that the 2010 scenario “looks more likely than not.”

President George W. Bush’s tax cuts are set to expire at the end of 2010. After that they would revert to 2001 levels, when the top individual tax rate was 39.6 percent.

Another delay…back in the old country they had a saying: don’t do todat what you can leave for tomorrow. Leave it for a day after tomorrow – maybe it won’t be needed anymore.

Gays in the military, taxing the rich and withdrawal from Iraq – why do I have the feeling that someone is waiting for the GOP to take over the House and thenΒ  be the ones blocking those promises and taking the responsibility for it?


Over at the 15 million endowed HuffPo, David Sirota is confused

While I’m not a huge fan of Bill Clinton on a lot of issues, I think he was courageous on the issue of income taxes – and that his courage proved to be good policy, as evidenced by the economy’s performance right after the tax increase, and as evidenced by the fact that the tax increases gave his government much-needed new revenue (revenue that Obama now needs for priorities like energy investment, health care and economic stimulus/infrastructure spending). Clinton proved that the right’s rhetoric about tax increases on the super-wealthy hurting the economy is a bunch of B.S. – and he proved it only 15 years ago.

I hope the example Clinton set on the tax issue is the Obama administration’s path forward.

Isn’t it lovely how non-fans of Bill Clinton who have not paid attention at what candidates were even saying during this campaign have epiphanies now?