Monday, June 15, 2009

Tax Promises

One of the key campaign issues was President Obama’s pledge not to raise taxes on anyone making less than $250,000 a year. We are now finding out the small print. He is sponsoring legislation to tax health benefits as income; he is forcing energy prices higher through cap and trade and alternative energy schemes; he has raised the price of cars through additional environmental requirements; he want "well off" senior citizens to pay more for Medicare and a means test for Social Security is sure to follow; he supports the proposed additional tax on cell phones and there is no apparent end to it. He claims that there were no earmarks; theysimply renamed $750 billion dollars of them. All of it was needed stimulus stuff like the Edward M. Kennedy Senate Institute - which was obviously not an earmark.

No comments:

Post a Comment