From Doug Ross:
Americans for Tax Reform reports upon one of the most egregious of
President Obama's campaign lies: transparency.
ATR obtained internal documents that show President Obama knows that the tax
hikes will hit all American households, breaking his oft-repeated campaign
promise to hold the line on taxes. On a September 12, 2008 campaign stop in
Dover, New Hampshire, then-candidate Obama stated unequivocally, "I can make a
firm pledge. 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."
The Treasury Department states that the total amount of new taxes will range
from $100 billion to $200 billion, or approximately $1,800 a year.
Of course if the Treasury Department says $1,800 a year it is a pretty sure bet that it will be at least double that. But for the sake of argument let's go with their current figure. With the economy in the tank, how many families have an extra $150 laying around to cover the increased energy costs. And remember, we're only taking about direct costs. In a previous post I wrote:
Of course, everyone who pays taxes will also see increases due to indirect energy costs. After all, who pays the electric bill at the school down the road? The taxpayer. The same applies to every public and municipal building. What other indirect energy costs are there? Who pays the electric bill at the grocery store? Is it paid out of the store’s profits or are operational costs built into the price of goods that consumer’s purchase? The Treasury’s estimate is beginning to sound a little low isn’t it?
If the President believes that his agenda is best for America, let him argue it honestly, including what the agenda will cost American families. So far he hasn't seemed inclined toward honesty.