Friday, September 9, 2011

OBAMA'S ILL THOUGHT OUT TAXES AND HARRY REID'S FOOLISHNESS


Listing Obama’s Taxes …
Since taking office, President Barack Obama has signed into law twenty-one new or higher taxes: 1. A 156 percent increase in the federal excise tax on tobacco: On February 4, 2009, just sixteen days into his Administration, Obama signed into law a 156 percent increase in the federal excise tax on tobacco, a hike of 61 cents per pack. The median income of smokers is just over $36,000 per year. 2. Obamacare Individual Mandate Excise Tax (takes effect in Jan 2014): Starting in 2014, anyone not buying “qualifying” health insurance must pay an income surtax according to the higher of the following ...
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Reid corners Republicans for Obama lecture
Several Senate and House Republicans are planning to skip President Obama’s address tonight to a joint session of Congress, in part because they believe he will be showing them nothing new when he unveils his big job creation proposal. But Senate Majority Leader Harry Reid, D-Nev., has found a way to keep those pesky Republicans in the building, or at least in his chamber. Reid on Thursday scheduled a vote for after Obama’s speech, and it’s not one many in the GOP will want to miss. As soon as Obama is done talking, the Senate will proceed to a measure to disapprove a $500 billion increase in the debt limit.
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