Queen Nancy wants to raise your taxes.

“As we review what we get from ... collecting our taxes and reducing waste, fraud and abuse, investing in education and in initiatives which will bring money into the Treasury, it may be that (repealing) tax cuts for those making over a certain amount of money, $500,000 a year, might be more important to the American people than ignoring the educational and health needs of America’s children,” Pelosi, a California Democrat, said in an interview broadcast Sunday. Article
More than the ascension of Nancy Pelosi & Co. was disturbing congressional Republicans last week. They worried that George W. Bush may proceed down the same path that made his father a one-term president. Thus, they ask this question: Will the current President Bush embrace a tax increase that would produce potential economic disaster and guaranteed political catastrophe? Article

"President Bush is willing to raise taxes. That reality was a big surprise to me 16 years ago, in 1990, when I was working in the White House. It’s less of a surprise to me in 2006, when I am on the outside—because, after a while, you learn to identify the warning signs... Advisers are telling Bush that such bargaining will result in a solid domestic-policy legacy, as well as the shoring up of congressional support for the Iraq war. But history tells me that, if he raises taxes, he will demolish—as did his father before him—what little remains of his presidency." —Jim Pinkerton, Bush(41) policy aide