President Lyndon Johnson's administration was known for his War on Poverty. President Obama's will become notable for his War on Prosperity. We're speaking, of course, of Obama's plans to hike income taxes on the most wealthy 2 or 3 percent of the nation. He's not just raising the top rate to 39.6 percent; he's also disallowing about one-third of top earner's deductions, whether for state and local taxes, charitable contributions or mortgage interest. This is an effective hike in their taxes by an average of about 20 percent.
Dick MorrisBill and Hillary Clinton have one central idea in their uncluttered, ambitious minds: Hillary in 2008. Let Bush get re-elected, use the '04 primaries and general election to clean out the underbrush of competing Democratic candidates, and proceed unimpeded to the '08 nomination.
Dick Morris