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	<title>Outside The Beltway &#124; OTB &#187; Campaign Promises</title>
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		<title>Obama&#8217;s Tax Pledge</title>
		<link>http://www.outsidethebeltway.com/archives/obamas_tax_pledge/</link>
		<comments>http://www.outsidethebeltway.com/archives/obamas_tax_pledge/#comments</comments>
		<pubDate>Fri, 03 Apr 2009 20:14:18 +0000</pubDate>
		<dc:creator>Steve Verdon</dc:creator>
				<category><![CDATA[Economics and Business]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[Steve Verdon]]></category>
		<category><![CDATA[Campaign Promises]]></category>
		<category><![CDATA[Obama]]></category>
		<category><![CDATA[Tax Cuts]]></category>
		<category><![CDATA[taxes]]></category>

		<guid isPermaLink="false">http://www.outsidethebeltway.com/?p=34244</guid>
		<description><![CDATA[Isn&#8217;t true if you engage in a lifestyle that most people find icky.  You know that pledge that if you make less than $250,000/year you won&#8217;t see an increase in your taxes?  Yeah, well not if you smoke.
One of President Barack Obama&#8217;s campaign pledges on taxes went up in puffs of smoke Wednesday.
The [...]]]></description>
			<content:encoded><![CDATA[<div class="tweetmeme_button" style="float: right; margin-left: 10px;"><a href="http://api.tweetmeme.com/share?url=http%3A%2F%2Fwww.outsidethebeltway.com%2Farchives%2Fobamas_tax_pledge%2F"><img src="http://api.tweetmeme.com/imagebutton.gif?url=http%3A%2F%2Fwww.outsidethebeltway.com%2Farchives%2Fobamas_tax_pledge%2F" height="61" width="51" /></a></div><p><a rel="attachment wp-att-34247" href="http://www.outsidethebeltway.com/archives/obamas_tax_pledge/obama-smoking/"><img class="alignright size-medium wp-image-34247" style="border: 2px solid black; margin-left: 15px; margin-right: 15px;" title="obama-smoking" src="http://www.outsidethebeltway.com/wordpress/wp-content/uploads/2009/04/obama-smoking-300x259.jpg" alt="" width="300" height="259" /></a><a href="http://www.breitbart.com/article.php?id=D979POSG0&amp;show_article=1">Isn&#8217;t true if you engage in a lifestyle that most people find icky</a>.  You know that pledge that if you make less than $250,000/year you won&#8217;t see an increase in your taxes?  Yeah, well not if you smoke.</p>
<blockquote><p>One of President Barack Obama&#8217;s campaign pledges on taxes went up in puffs of smoke Wednesday.</p>
<p>The largest increase in tobacco taxes took effect despite Obama&#8217;s promise not to raise taxes of any kind on families earning under $250,000 or individuals under $200,000.</p>
<p>This is one tax that disproportionately affects the poor, who are more likely to smoke than the rich.</p>
<p>To be sure, Obama&#8217;s tax promises in last year&#8217;s campaign were most often made in the context of income taxes. Not always.</p>
<p>&#8220;I can make a firm pledge,&#8221; he said in Dover, N.H., on Sept. 12. &#8220;Under my plan, no family making less than $250,000 a year will see any form of tax increase. <strong>Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes.</strong>&#8221; He repeatedly vowed &#8220;<strong>you will not see any of your taxes increase one single dime</strong>.&#8221;[emphasis added]</p></blockquote>
<p>Ho hum, another politician another lie.</p>
<blockquote><p>The extra money will be used to finance a major expansion of health insurance for children.</p></blockquote>
<p>It&#8217;s for the children?  Well okay then.</p>
<blockquote><p>That represents a step toward achieving another promise, to make sure all kids are covered.</p></blockquote>
<p>What?  He isn&#8217;t going to try and claim that such a program will provide an economic stimulus therefore we should spend the money absent any tax increases?  And I thought he could do all this without increasing taxes.  Didn&#8217;t he said, he&#8217;d cut waste, fraud and abuse?  Oh, wait they always say that.  The Obamassiah&#8230;just like any other lying politician.</p>
<blockquote><p>His detailed campaign plan stated that his proposed improvement in health insurance and health technology &#8220;is more than covered&#8221; by raising taxes on the wealthy alone. It was not based on raising the tobacco tax.</p></blockquote>
<p><a href="http://www.cato.org/pub_display.php?pub_id=9396">Somebody is not drinking the kool-aid</a>.</p>
<blockquote><p>&#8220;Listen now,&#8221; he said in his widely watched nomination acceptance speech, &#8220;I will cut taxes—cut taxes—for 95 percent of all working families, because, in an economy like this, the last thing we should do is raise taxes on the middle class.&#8221;</p></blockquote>
<p><a href="http://www.taxpolicycenter.org/numbers/displayatab.cfm?Docid=2093">Yeah, well that was a lie too</a>, or at least it was a statement with enough weasel words in it so that it doesn&#8217;t mean what one&#8217;s first impression would be.  According to the Tax Policy Center, only about 75.5% of households will get a tax cut under Obama&#8217;s plan.  And factoring in the new tax on cigarettes that number is likely to be smaller.</p>
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