"Few of President Obama's 2008 campaign pledges were more definitive than his vow that anyone making less than $250,000 a year 'will not see their taxes increase by a single dime' if he was elected. And he was right, very strictly speaking: It's going to be many, many, many billions of dimes. Asked about raising taxes on the middle class on Sunday on CBS's 'Face the Nation,' White House economist Larry Summers wouldn't repeat Mr. Obama's pre-election promise. 'It is never a good idea to absolutely rule things out no matter what,' Mr. Summers said -- except, apparently, when his boss is running for office. Meanwhile, on ABC's 'This Week,' Treasury Secretary Timothy Geithner also slid around Mr. Obama's vow and said, 'We have to bring these deficits down very dramatically. And that's going to require some very hard choices.' These aren't even nondenial denials. The Obama advisers are laying the groundwork for taxing the middle class while claiming the deficit made them do it. ... In an editorial on February 26, 'The 2% Illusion,' we wrote that the feds could take 100% of the taxable income of everyone in America earning more than $500,000 and still have raised only $1.3 trillion even in the boom year of 2006. The rich are fewer and less rich now, while the Obama budget is nearly $4 trillion. Democrats already plan to repeal the Bush tax cuts, but that won't raise enough money. So they're proposing an income tax surcharge on 'the wealthy,' but that won't raise enough either. Democrats have no choice but to soak the middle class because only they have enough money to finance the liberal dream of yoking the middle class to cradle-to-grave government entitlements." --The Wall Street Journal