Posted on 07/08/2009 5:22:25 PM PDT by RobinMasters
WASHINGTON -- President Barack Obama promised to fix health care and trim the federal budget deficit, all without raising taxes on anyone but the wealthiest Americans. It's a promise he's already broken and will likely have to break again.
Obama and the Democratic-controlled Congress have already increased tobacco taxes _ which disproportionately hit the poor _ to pay for extending health coverage to 4 million children in working low-income families.
Now, lawmakers are looking for more revenues to help pay for providing medical insurance to millions more who lack it at a projected cost of $1 trillion over the next decade.
The floated proposals include increasing taxes on alcohol, which could raise $62 billion over the next decade, and a new tax on sugary drinks such as soda, which could raise $52 billion.
(Excerpt) Read more at newsmax.com ...
It’s all part of Obama’s hopey/changey “spread the wealth around” gig. Those higher taxes make sure everyone has “some skin in da game.”
Obama’s Plan:
Break your promises early in the first term so people will forget what you said and what you did by the time you start running for re-election.
Then, make the same promises again and enough stupid voters will fall for it all a second time.
Don’t forget the trillions in new taxes from Cap and Trade. That’s how Obama and dems plan to proudly declare they reduced the deficit after their pork spending orgy.
ping.
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