The 62 cent Federal tobacco tax takes effect at midnight. Barack Obama promised not to raise taxes on anyone who wasn't wealthy(less than $250 thousand a year.) Luckily for Obama, all smokers make more than $250 thousand a year.
Federal tobacco tax increase effective April 1st
Federal tobacco tax increase effective April 1st Tue, 31 Mar 2009 18:02:00 EST
Update: Some misinformed individuals think Obama only promised not to raise income taxes on those making less than $250,000 a year. That is incorrect. He promised not to raise any taxes on those making less than $250,000. Watch the video and see for yourself. Obama wins the "pants on fire" award for raising cigarette taxes.
Obama promised to not raise income taxes. Smoking is a luxury tax. Please understand tax codes and terms before posting inaccurate half truths.
ReplyDeleteAnonymous said...
ReplyDelete"Obama promised to not raise income taxes. Smoking is a luxury tax. Please understand tax codes and terms before posting inaccurate half truths."
Here is what Obama actually said,
“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” (Barack Obama, September 12, 2008, Dover, NH).
Anonymous said...
ReplyDeleteObama promised to not raise income taxes. Smoking is a luxury tax. Please understand tax codes and terms before posting inaccurate half truths.
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Spoken like a true Obamite. I'd say Obama personified half-truths were it not for the fact that he is a TOTAL liar.
Oh, and Anonymous posters have no integrity.
My 2 cents.