Obama's tax hike for the rich may be delayed

WASHINGTON (AP) -- An economic crisis, rising joblessness and a credit squeeze can make a president-elect refine his words. Today's word is "repeal." During his presidential campaign, Barack Obama promised to repeal President George W. Bush's tax cuts for the wealthy ahead of their scheduled expiration in 2011....

By JIM KUHNHENN

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But I thought it was horrible to give tax cuts to the wealthy? That taxing them more would build the economy. Why wait? Oh yea, because he lied and used classism to get votes and some of us called it the whole time, that's why.