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The poor get smoked, again
Dimitri2020@gmail.com
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Thursday, April 2, 2009
Inside Politics
Greg Pierce (Contact)
TAXING THE POOR
” 'I can make a firm pledge ... no family making less than $250,000 a year will see any form of tax increase.' Remember that? It was Barack Obama, campaigning to become president last Sept. 12 in Dover, N.H.,”Brad Schiller wrote Wednesday in the Wall Street Journal.
Indeed, he promised repeatedly that 95 percent of American families would get a tax cut. So it's especially fitting that he chose April Fools Day to implement his first tax increase - which will fall mostly on individuals and families who do not make anywhere near $250,000 per year,” said Mr. Schiller, a professor of economics at the University of Nevada, Reno, and author of “The Economy Today.”
“Early in February, the president signed a law to triple the federal excise tax on cigarettes - which will jump from 39 cents per pack to $1.01 today.
washingtontimes.com/news/2009/apr/02/inside-politics-94736084/
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