Obama:"...you will not see your taxes increased a single dime” - Joe Wilson was right

Discussion in 'Current Events' started by Neotrotsky, Dec 24, 2009.

  1. Neotrotsky
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    Neotrotsky Council to Supreme Soviet

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    If your family earns less than $250,000 a year, you will not see your taxes increased a single dime,” Papa Obama told Congress on February 24. “I repeat: Not a single dime.”

    Funny how that works............

    See: New left Ad against Papa Obama or Expiration date of campaign promises- 1/20/09




    Deroy Murdock:

    Temecula, Calif. — While hastily ramming his 2,457-page, $2.5 trillion Obamacare package through the Senate before Christmas, Majority Leader Harry Reid (D., Nev.) must see himself as Saint Nick. High atop his sleigh, Santa Harry has piled twelve brand-new taxes and six tax hikes totaling $398.1 billion.

    “If your family earns less than $250,000 a year, you will not see your taxes increased a single dime,” President Obama told Congress on February 24. “I repeat: Not a single dime.”

    This remains technically true. For families earning less than $250,000, taxes would rise between 2010 and 2019 by much more than a single dime. According to Americans for Tax Reform, seven of Santa Harry’s tax hikes violate Obama’s pledge and collectively cost $81.8 billion. These include:
    A $2.7 billion levy on indoor tanning salons that Reid imposed after ditching a plastic-surgery tax. He just as arbitrarily could tax haircuts, or heirloom tomatoes, or Hula Hoops. Why not a tax on guys named Harry?

    A $5 billion Medicine Cabinet Tax specifically permits insulin purchases but otherwise prohibits using money in Health Savings Accounts, Flexible Spending Accounts, or Health Reimbursement Accounts for non-prescription, over-the-counter medications. While diabetics thankfully are spared, how does this benefit those who use antacids or asthma inhalers?

    A $15 billion individual mandate would force Americans to buy health insurance. In 2014, those without “qualifying” government-approved coverage would pay $495 or 0.5 percent of Adjusted Gross Income, whichever is higher. In 2016, that rises to 2 percent of AGI, or approximately $640 today.

    A $15.2 billion tax requires costs to reach 10 percent of AGI, up from 7.5 percent, before Americans may deduct itemized medical expenses.

    A $28 billion tax would hit employers who do not provide health coverage to their payrolls of at least 50 employees. If only one worker qualifies for a health-care tax credit, the employer must pay a fine of $750 on all 50 staffers, not just the one tax-credited employee. For 50 staffers, this penalty equals $37,500 annually. Small-business owners who file personal returns and earn below $250,000 will suffer this tax themselves.

    Sen. Mike Crapo (R., Idaho) tried to enforce Obama’s pledge by deleting from Obamacare all taxes on families earning less than $250,000 and individuals making under $200,000. Every Republican supported Crapo’s amendment. All but five Democrats ganged up and killed it.

    Beyond the $250,000 threshold, Santa Harry’s sleigh overflows with other new taxes:

    A $149.1 billion, 40 percent excise tax awaits those with “Cadillac” health plans worth at least $8,500 per individual and $23,000 per family. These taxes, the Congressional Budget Office predicts, “would be largely passed through to consumers in the form of higher premiums for private coverage.” Also — in an affront to equality before the law — longshoremen are exempt from this tax. Why not ship captains, or nurses, or test pilots?

    An additional $59.6 billion tax on health-insurance companies also will make costly coverage costlier.

    A $22.2 billion tax on drug companies would increase price pressures and slash funds available for pharmaceutical research and development.

    A $19.2 billion medical-device tax would boost prices of hearing aids, heart stents, artificial limbs, and similar implements and divert money to Washington that could refine such products and create new therapeutic, life-saving inventions.

     
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    Last edited: Dec 24, 2009
  2. CrusaderFrank
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    CrusaderFrank Diamond Member

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    Yeah, hard to see this coming from a Candidate who voted with Socialist Bernie Sanders 96% of the time
     
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  3. Neotrotsky
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    Neotrotsky Council to Supreme Soviet

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  4. CrusaderFrank
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    CrusaderFrank Diamond Member

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    And yet Juan McCain let him flank him to the right.
     
  5. Neotrotsky
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    Neotrotsky Council to Supreme Soviet

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    Oh yes the "Maverick"

    The MSM loved him, until he ran against the ONE



    It is a sad, however, when an inexperienced socialist lightweight like Papa Obama can beat a real war hero.

    Maybe McCain should have done the right thing and pointed out how much of a radical this guy was

    You see how far his "reaching across" has got him.........
    Do you see where he said Papa Obama did not ask him once for his input on the PapaObama Health care bull?

    :eek:
    what a shock
     
  6. PatekPhilippe
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    PatekPhilippe Senior Member

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    Bend over America...here it comes again...

    and the Bush tax cuts are going to expire...so it's a double wham on the middle calss....I hope you Obama supporters are happy ... enjoy those pot pies, beans and franks.
     
  7. saveliberty
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    saveliberty Diamond Member

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    Somehow being right about the true costs of this naked power grab doesn't make me feel any better. WHEN this goes horribly wrong, I expect all liberals to vote out their champions and pay double what the rest of us have to pay to make this right. As an alternative you can just leave the country.

    The President and Democratic leadership have grossly misjudged the ability of this country to sustain their wild follies. I wonder how many countries we will be divided into?
     
  8. blastoff
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    blastoff Undocumented Reg. User

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    Perhaps in the lexicon of Obamaspeak new taxes, technically, aren't increases of existing taxes and therefore he hasn't violated his campaign promise? That's the wiggle room/spin I'd fall back on if I was one of Barry's advisors. And considering the tripe folks fell for who voted for him they'd likely slurp that up too.
     
  9. PatekPhilippe
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    PatekPhilippe Senior Member

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    [​IMG]
     
  10. saveliberty
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    saveliberty Diamond Member

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    The lefties aren't going to buy that. Technically, it isn't a barrel, therefore, not pork barrel. Also you can't say the pig is spending anything. Never the less, the pig didn't pay for the food and it cost somebody. Thinking a little further down the path. The pig does pay a price.
     

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