Saturday, April 4, 2009

Liar Liar

During his election campaign, George The Elder Bush pounded his fist and declared, "Read my lips. No new taxes." The press went nuts when as president he signed a new tax hike. He never lived it down and was not re-elected.

During the campaign last year, Obama declared no increase in taxes as long as you don't make $250,000. He was adamant. No taxes if you did not earn $250,000 a year. He lied.

He signed the bill that increased the excise tax on a pack of cigarettes this week by nearly $.62 a pack.

Years ago, I smoked. I could get a pack from a vending machine for $0.35. It was always cheaper to buy my cigs by the carton (10 packs/carton).

One patron in Colorado this week was lamenting the good old days when he could buy a carton for $49! Now it costs him $58! At 1.25 cartons per week, it will cost this person $3,770 a year.

The tax now comes to about $10.10 per carton, or $1.01 per pack. The same individual will pay $650 in "sin tax" or an increase of $396 a year thanks to President Obama.

Many of the people buying cigarettes do not make $250,000 a year. Yet, here's more tax on them. Liar.

But I wonder where the media is. They were quick to crucify George H.W. but no one has the guts to point the spot light on Obama and his tax lies.

'til later

No comments: