During the campaign we were promised repeatedly that if you make under $250,000 you would not see higher taxes. Here is one quote from Sept 12, 2008 from then candidate Barack Obama – “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.” Well, that promise looks like it is going to go up in smoke. Literally.
- They have increased tax on tobacco products, the vast majority of users make under $250,000. Before you say “oh that’s just the smokers…” there is a tax being proposed on soda and snacks too! I am sure there are at least a few people who eat snacks who make under $250,000 a year.
- Cap and trade legislation is going to tax us to death for a minimum of $165 per family and a max of $3000+ per family. By the way, the Democrats sent in a 300 page amendment to the bill last night with no time for people to read it. Wonder why…and nobody is talking about this. This will be one of the greatest tax increases in the history of our country and very, very few people have even heard of it, much less know what this is all about.
- President Obama wants to cut the amount of charitable contributions those making over $250,000 can give. That will hurt many churches and other organizations.
- If the health plan goes through your health benefits will be taxed. Isn’t that the very thing he got onto McCain for proposing in the campaign?
How is that for not being taxed if you make less than $250,000? What is even stranger is whether or not he is even going to hold to $250,000 or if the cutoff will be reduced – See this link.
And here is another tidbit for you from Glenn Beck today regarding Chris Dodd:
“Tonight on television at 5:00 I’m going to talk about Chris Dodd. You know this whole scandal of Countrywide and sweetheart deals? Well, they’ve been investigating Chris Dodd now for a year, we’ve been waiting for the report to come out. We found out earlier this week that Bank of America says that they haven’t released any of his documents because no one from congress has asked them for the documents and issued a subpoena. How can you investigate someone when you don’t even have the original documents? Why hasn’t a subpoena been issued? Well, we did our investigation. We found. Because the ranking Democrat has to issue it. He doesn’t want to issue it because he’s afraid what it will lead to. Well, isn’t that the point? What will it lead to?” (Link)
Maybe it is nothing…who knows. But at least let’s get the information and find out. I am with Beck on this one. I think we have corruption in our government all the way up to the highest levels.