Wednesday, April 1, 2009

Not One Dime; ... Six

It's blatantly unfair to argue that President Obama is trying to start class warfare through his tax policies. Sure, he talks a lot about making the rich - who already pay most of the taxes - pay even more. And he talks a lot about reducing taxes for 95% of Americans.

Classic rich v. poor propaganda? Maybe in speech; but not in action. When it comes to getting his hands on our money, the administration isn't afraid to be audacious, even if it doesn't exactly square with his explicit promises.

Today, for example, taxes on tobacco - whether used by cigar & pipe smoking snobs or decent, hardworking cigarette smokers - rose dramatically. Yesterday, the federal tax on a pack of cigarettes was 39 cents. Today, it's $1.01. That's an increase of 159%. Or, since candidate Obama regularly promised most of us that we "will not see any of [our] taxes increase one single dime", that's an increase of more than 6 dimes. Proof positive that the President doesn't want to soak just the rich.

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