Friday, April 3, 2009

Promises Made, Promises Broken

During the election, Barack Obama said that no family making under $250,000 will see any form of tax increase.

He has already broken that promise.

Obama's first tax increase is an whopping 159% increase in the federal excise tax on cigarettes.

The Center for Disease Control and Prevention estimates that over half of smokers are low income, so most of the tax burden will fall on the poor and middle class.

Along with the huge tax increase in Obama's budget through the cap-and-trade system which will fall on everyone, Obama will have to raise taxes on everyone to pay for his spending spree.

And continue to break his campaign promises.

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