Long Duk Dong
07-31-2009, 12:41 PM
http://www.hopeandfail.com/2009/07/29/president-says-he-hasnt-raised-taxes-five-months-after-raising-taxes/
During an interview with BusinessWeek, President Obama said he has yet to raise any taxes, however, back in February, he signed a bill that more than doubled the cigarette tax.
From BusinessWeek:
Question: A lot of business leaders consider you to be antibusiness. I was struck when I attended the Aspen Institute Ideas Festival. [Council of Economic Advisers member] Austan Goolsbee was speaking, and he hit a fairly hostile audience. These are wealthy, fairly progressive older people who had tended to support you, but they seemed very upset about corporate taxes, individual taxes, card check, all sorts of things you’re doing that they perceived as not helpful to them. What can you say to those people?
Answer: Let’s look at the record. I’ve been in office six months. So far my only tax policy has been to cut taxes for 95% of working people. I haven’t signed a bill that’s raised taxes yet.
Yes, let’s look at the record. The president has raised signed a bill that’s raised taxes. The $33 billion expansion of SCHIP, which the president signed on Feb. 4, was funded through an increase in cigarette taxes. From the LA Times:
The measure — funded primarily by increasing the federal tax on cigarettes by 61 cents, to $1 a pack — sailed through the House earlier Wednesday on a largely party-line vote of 290 to 135. The Senate overwhelmingly approved the bill last week.
What’s more, the cigarette tax broke a campaign promise to not raise taxes on anyone making less than $250,000 a year.
Lies lies lies!!!!
During an interview with BusinessWeek, President Obama said he has yet to raise any taxes, however, back in February, he signed a bill that more than doubled the cigarette tax.
From BusinessWeek:
Question: A lot of business leaders consider you to be antibusiness. I was struck when I attended the Aspen Institute Ideas Festival. [Council of Economic Advisers member] Austan Goolsbee was speaking, and he hit a fairly hostile audience. These are wealthy, fairly progressive older people who had tended to support you, but they seemed very upset about corporate taxes, individual taxes, card check, all sorts of things you’re doing that they perceived as not helpful to them. What can you say to those people?
Answer: Let’s look at the record. I’ve been in office six months. So far my only tax policy has been to cut taxes for 95% of working people. I haven’t signed a bill that’s raised taxes yet.
Yes, let’s look at the record. The president has raised signed a bill that’s raised taxes. The $33 billion expansion of SCHIP, which the president signed on Feb. 4, was funded through an increase in cigarette taxes. From the LA Times:
The measure — funded primarily by increasing the federal tax on cigarettes by 61 cents, to $1 a pack — sailed through the House earlier Wednesday on a largely party-line vote of 290 to 135. The Senate overwhelmingly approved the bill last week.
What’s more, the cigarette tax broke a campaign promise to not raise taxes on anyone making less than $250,000 a year.
Lies lies lies!!!!