Siteadmin, Check users, oversight, Administrators
20,682
edits
Changes
Jump to navigation
Jump to search
Line 114:
Line 114: − + + + + + + + + + + + + + + + +
→Taxes: additions
==Taxes==
==Taxes==
:Obama plans to raises taxes on the rich, on companies, on energy plus end the Bush tax cuts (aka raise taxes) -- he did in fact take a pledge not to raise taxes. Obama already raised taxes on cigarettes. <ref>http://foxforum.blogs.foxnews.com/2009/03/03/kerpen_obama_budget/</ref>
:Despite Obama's campaign rhetoric, it is estimated that the permanent changes to tax law Obama signed totals a net tax hike of $618.7 billion. Obama has signed into law $7 in permanent tax hikes for every $1 in permanent tax cuts. <ref>[http://www.foxnews.com/politics/2011/02/08/group-disputes-obamas-assertion-didnt-raise-taxes Group Disputes Obama's Assertion That He Didn't Raise Taxes, Fox News, February 8, 2011]</ref>
:Just 16 days into his presidency, Obama signed into law a 156 percent increase in the federal excise tax on tobacco. <ref>http://foxforum.blogs.foxnews.com/2009/03/03/kerpen_obama_budget/</ref>
:July 2010, Obama imposed a new 10 percent excise tax on Americans using indoor tanning salons.
:January 2011 Healthcare Taxes. The Medicine Cabinet Tax prevents consumers from using their health savings accounts to purchase non-prescription, over-the-counter medicines (except insulin)
:January 2011 Healthcare Taxes. Additional tax on non-medical early withdrawals from Health Savings Accounts from 10 to 20 percent
:January 2011. Healthcare Taxes. Flexible Spending Account Cap forces parents of special needs children to pay costly expenses after a $2,500. threshhold
:January 2013 Healthcare Taxes. Medical Itemized Deductions Cap is raised from 7.5% deductible to 10 percent
:January 2014 Healthcare Taxes. Individual Mandate Tax will require anyone not buying "qualifying" health insurance to pay an income surtax of $495
“I can make a firm pledge. Under my plan, no family making less than $250,000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains taxes, '''not any of your taxes'''.” <ref>[http://www.forbes.com/2009/02/11/other-comments-forbes-opinions-0211_other_comments.html Blowing Smoke] Forbes</ref> <ref>[http://foxforum.blogs.foxnews.com/2009/03/03/kerpen_obama_budget]Obama Budget, Fox News</ref>
“I can make a firm pledge. Under my plan, no family making less than $250,000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains taxes, '''not any of your taxes'''.” <ref>[http://www.forbes.com/2009/02/11/other-comments-forbes-opinions-0211_other_comments.html Blowing Smoke] Forbes</ref> <ref>[http://foxforum.blogs.foxnews.com/2009/03/03/kerpen_obama_budget]Obama Budget, Fox News</ref>