Cristy Li

Despite Obama’s campaign pledge that he would not raise taxes of any kind on American Families making less than $250,000 annually which of course he broke last year when he signed into law a federal cigarette tax increase which disproportionately affects poorer Americans, since breaking his promises once, its easier to do it again and again.

When “Hoax & Chains” signed into law ObamaCare, Democrat-Socialists imposed a federal 10% tax on anyone who goes to a indoor tanning salon which small business owners fear will drive away customers.

One must never forget the new federal tax on medical devices that ObamaCare imposed on manufactures who will either pass the taxes on to the consumers or in the alternative be forced to scale back employment opportunities putting Americans out of work.

Having repeatedly breaking his “no new tax pledge” its becoming easier and easier for Obama to support even more tax increases on all Americans and yesterday, Obama suggested that he may support a value added tax which taxes the value of an item during each stage of production, raising prices on Americans on nearly everything consumers purchase.

Related: The VAT Tax: Tyranny in Increments Via The Daily Caller

This entry was posted on Thursday, April 22nd, 2010 at 10:39 pm and is filed under Barack Obama, Economy, Socialism. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.