Obama said in Dover, N.H., on Sept. 12.
- "I can make a firm plege. 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."
- "you will not see any of your taxes increase one single dime."
Now in office, Obama, signed a law raising the tobacco tax nearly 62 cents on a pack of cigarettes, thus increasing the tax by 156%. Other tobacco products saw similarly steep increases.
Even the always trustworthy Joe Biden assured the American sheeple,
- "No one making less than $250,000 under Barack Obama's plan will see one single penny of their tax raised, "whether it's their capital gains tax, their income tax, investment tax, any tax."
The latest increase in the federal tax is by far the largest since its introduction in 1951, when it was 8 cents a pack. It's gone up six times since, each time by no more than a dime, until now.
"The government’s view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it."