Obama 2009: "The last thing you want to do is raise taxes in the middle of a recession"

Joe Schoffstall | July 11, 2011
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In an interview with NBC's Chuck Todd on August 5, 2009, when asked how raising taxes on anyone helps the economy, President Obama said: "The last thing you want to do is raise taxes in the middle of a recession because that would suck up... take more demand out of the economy and put businesses in a further hole." 

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