Obamanomics: tax and spend?

Obama's economic plans include increased taxes on income, dividends, and capital gains to pay for tax cuts for lower and middle income taxpayers and increases in spending on alternative energy.


From US News:

1) Yes, Obama is for raising income-tax rates on wealthier Americans. But that, along with advocating greater government involvement in healthcare, was the admission ticket to the Democratic primaries. ...

2) Yes, Obama wants to raise payroll taxes. But he's actually a bit of a maverick in this since it's the semiofficial Democratic line that Social Security is not really in crisis.

3) ...If there's a Democratic landslide in November, would Obama use that electoral edge to push through all those huge tax increase and spending proposals without any GOP votes—as Clinton did with his tax hikes in 1993? Or would he attempt to compromise?

4) President Obama would come into office facing a $400 billion budget deficit and the prospect of huge future deficits because of Social Security and Medicare. I think that factor alone may turn Obama into an incrementalist on domestic policy...

5) I wonder what Obama voters are really voting for? They want the United States out of Iraq, to be sure. But what beyond that? Well, consider this: I've heard Obama supporters say that Obama will be "their Reagan."