Ira Stoll on Obama's State of the Union Tax Hike
Trying to bury bad news by releasing it over a holiday weekend is one of the oldest tricks in the book. What makes it funny in the case of President Obama is that the bad news isn't some inspector general's report or inside-the-Beltway scandal, but the details of the $320 billion tax increase that Obama himself plans to ask for in his State of the Union address this week.
The White House fact sheet on the tax increase was released at 8 p.m. on Saturday night of the three-day Martin Luther King Jr. holiday weekend. And it's no wonder that this White House treats its own tax policy as if it is some sort of embarrassment. After all, writes Ira Stoll, it is an embarrassment.