Apr 02 2009

Obama Lied About Taxes On America

Published by at 7:43 am under All General Discussions

People need to come to grips with the hard (and stunning) math – President Obama is planning to bankrupt this country even though he is also raising taxes like crazy. Too many Obama supporters think they are getting an income tax cut and are immune from paying more taxes because of ‘promises’ made by Obama. As many of us Obama skeptics have noted many times, Obama doesn’t seem to remember any of his promises.

The American people are out after the rich the moment. Angst has created irrational class warfare (like being obscenely rich provides the soul anything of value). This robotic refusal to see the damage Obama is doing will come to an end sooner of later, but one thing is clear – the American people are facing steep tax increases from all corners:

One of President Barack Obama’s campaign pledges on taxes went up in puffs of smoke Wednesday.The largest increase in tobacco taxes took effect despite Obama’s promise not to raise taxes of any kind on families earning under $250,000 or individuals under $200,000.

This is one tax that disproportionately affects the poor, who are more likely to smoke than the rich.

To be sure, Obama’s tax promises in last year’s campaign were most often made in the context of income taxes. Not always.

“I can make a firm pledge,” he said in Dover, N.H., on Sept. 12. “Under my plan, no family making less than $250,000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes.”

He repeatedly vowed “you will not see any of your taxes increase one single dime.”

Now in office, Obama, who stopped smoking but has admitted he slips now and then, signed a law raising the tobacco tax nearly 62 cents on a pack of cigarettes, to $1.01. Other tobacco products saw similarly steep increases.

This is not the only tax increase moving its way through capitol hill. There are numerous energy tax hikes coming through in the guise of Cap & Trade on CO2 (a normal element of our atmosphere which is currently at an all time low historically and which has not once been proven to affect the atmosphere). These alone could cost every family hundred to thousands of dollars a year, lining the pockets of the obscenely wealthy buddies of the liberals.

His income tax ‘cut’ is a complete forgery – we all still owe the same taxes we did last year. All the Feds did was allow us not to have as much taken out of our paychecks this year without penalty. We will all be paying The Piper next year around this time. The “I told you so’s” will be flying fast and furious then.

Unemployment seems to be the only indicator the average voter gets when waking up to the economic disaster we are going through, so I am not expecting to see this tax increase itself cause a huge backlash. But it is one of many drips that will, sooner or later, make the electorate angry.

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