On September 12, 2008, Democratic presidential candidate Senator Barack Obama (D)Illinois spoke at the McConnell Center in Dover, New Hampshire.
I can make a firm pledge,Obama said - 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.
That pledge went up in smoke Wednesday, April 1, 2009, when largest increase in tobacco taxes, took effect, a tax that disproportionately affects the poor.
People living in New Britain who smoke and do not want to quit will pay the extra for their smokes - at the expense of food for their families, or going late on credit cards and rent or their mortgage payments.
The most that the tax increase on cigarettes will do is that countless numbers of smokers will give up smoking entirely, or decrease smoking significantly enough, to where the taxes collected may be less then they were up to this point. The up side of this is, smoker's health may improve. Have the tobacco industries revolted against the tax increase?
I read in today's Courant that the Connecticut legislature voted to increase cigarette taxes by 50 cents to take effect this summer. America...what a country!!!
Obama Tax Promise...
ReplyDeleteOn September 12, 2008, Democratic presidential candidate Senator Barack Obama (D)Illinois spoke at the McConnell Center in Dover, New Hampshire.
I can make a firm pledge,Obama said - 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.
That pledge went up in smoke Wednesday, April 1, 2009, when largest increase in tobacco taxes, took effect, a tax that disproportionately affects the poor.
People living in New Britain who smoke and do not want to quit will pay the extra for their smokes - at the expense of food for their families, or going late on credit cards and rent or their mortgage payments.
ReplyDeleteThe most that the tax increase on cigarettes will do is that countless numbers of smokers will give up smoking entirely, or decrease smoking significantly enough, to where the taxes collected may be less then they were up to this point. The up side of this is, smoker's health may improve.
ReplyDeleteHave the tobacco industries revolted against the tax increase?
Apparently he believes that no one who makes less than $250,000 a year smokes cigarettes.
ReplyDeleteI read in today's Courant that the Connecticut legislature voted to increase cigarette taxes by 50 cents to take effect this summer. America...what a country!!!
ReplyDelete