tax promises then and now
From Chuck Muth...
"I can make a firm pledge. 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."
- Barack Obama, 9/12/08
"Today, on the sixteenth day of his presidency, Barack Obama broke one of the central promises of his candidacy: No American earning under $250,000 per year would face any form of tax increase under his administration. By signing the S-CHIP legislation today, Obama has now broken his oft-repeated promise. Obama's signature puts into effect a 156 percent increase in the federal excise tax on tobacco, a hike of 61 cents per pack."
- Americans for Tax Reform, 2/4/09
posted by Eric Schansberg @ 4:52 PM
1 Comments
1 Comments:
If Obama had to break a no-tax-increase promise, I'm glad he did so by increasing the tax on cigarettes. Not only will this provide health coverage to 4 million more children, it will encourage more smokers to quit and improve their health as well.
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