President Barack Obama promised to fix health care and trim the federal budget deficit, all without raising taxes on anyone but the wealthiest Americans. It’s a promise he’s already broken and will likely have to break again. Obama and the Democratic-controlled Congress have already increased tobacco taxes — which disproportionately hit the poor — to pay for extending health coverage to 4 million children in working low-income families.
Now, lawmakers are looking for more revenues to help pay for providing medical insurance to millions more who lack it at a projected cost of $1 trillion over the next decade.
The floated proposals include increasing taxes on alcohol, which could raise $62 billion over the next decade, and a new tax on sugary drinks such as soda, which could raise $52 billion. …
Asked by Anonymous at 9:27 AM on Jul. 9, 2009 in Politics & Current Events
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Answer by mancosmomma at 10:11 AM on Jul. 9, 2009
Obama is a politician therefore lying is what he does. He will raise taxes even further. He will allow the Bush tax cuts to expire and my family will lose 200 a month in income. Add in the Cap and Trade if it is passed we will spend an additional 200 in energy costs. Add in what we will have to pay for private insurance after Health care is passed and our company drops covering everyone we will spend 700-800 a month maybe more to insure our family. Not really change we can afford and effectively wipes out all the money we spend on charity and savings. We will be living paycheck to paycheck unlike now. I guess the plan is to make sure the middle income are poor. Nice.
Answer by Anonymous at 10:33 AM on Jul. 9, 2009
Answer by Anonymous at 10:35 AM on Jul. 9, 2009