The Wall Street Journal: The Obama Democrats pick income redistribution over job creation and economic growth.

And anybody is surprised by this why?

House Democrats are now proving that Mr. Boskin had it right, and before it’s over even he may have underestimated how high taxes will go. In the middle of a recession and with rising unemployment, Democrats have been letting it leak that they want to raise U.S. tax rates higher than they’ve been in nearly 30 years in order to finance government health care.

This has been Obama’s plan all along: income redistribution. Except your income (if you’re one of the nearly 42% of American workers who actually pay any income tax) isn’t only going to be redistributed to “the poor”.

But a good chunk of it is going to go to fund other government big Socialism projects.

And if you actually believed that you’d be safe ’cause Obama promised that No Way, No How would taxes be raised on anybody earning less than $250K a year? Well, you’re an idiot. Will you still find a way to justify or spin Obama’s campaign lies once your own checks get smaller and smaller? When the government is taking home more of your pay check than you are?

More:

Here’s the ugly income-tax math. First, Mr. Obama has promised to let the lower Bush tax rates expire after 2010. This would raise the top personal income tax rate to 39.6% from 35%, and the next rate to 36% from 33%. The Bush expiration would also phase out various tax deductions and exemptions, bringing the top marginal rate to as high as 41%.

Then add the Rangel Surtax of one percentage point, starting at $280,000 ($350,000 for couples), plus another percentage point at $400,000 ($500,000 for couples), rising to three points on more than $800,000 ($1 million) in 2011. But wait, there’s more. The surcharge could rise by two more percentage points in 2013 if health-care costs are larger than advertised — which is a near-certainty. Add all of this up and the top marginal tax rate would climb to 46%, which hasn’t been seen in the U.S. since the Reagan tax reform of 1986 cut the top rate to 28% from 50%.