
by: Robert McIntosh posted: 2009-04-01 15:27:00
Viewed 1207 times. 3 Comments.
Yep, we are talking about the tobacco tax hike and unlike taxing the rich, this tax applies equally. How about that. Except that it will hurt the lower income classes the most by an extra .62 a pack. That is an extra $6.20 a carton just in taxes.
Personally I don't have any sympathy if the poor are spending their money on smoking and getting taxed extra, but damn, .62 a pack is pretty steep. There is now a $1.01 total federal tax on cigs.
Even better though, major cigarette makers raised their prices in anticipation of the tax hike. A double hit. Combined with the energy tax coming, and middle America is going to get slammed.
Remember Obama's campaign promise?
“I can make a firm pledge,” he said in Dover, N.H., on Sept. 12. “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.”
h/t Hot Air
Trackback url: http://patriotroom.com/article/first-obama-tax-hike-hits-middle-america/trackback
In a related note, and as a service to our readers who are being unfairly hit by these punitive tax rates, check out the ad on this site for "The Scam on MWR" for cheap, tax-free cigarettes. The internet is a beautiful thing.
The freedom loving American in me says "I don't want to live forever." At the rate this world is going down the tubes, I'd rather die younger and at least enjoy myself while I'm here. I don't tell others what they should do with their lives, all I ask is the same in return. It's all about choices and the removal of those choices by the nanny state. I don't drink, I walk 5 miles a week through the desert and mountains here in Phoenix. I'm in good health and work an awesome full time job. And as far as the argument against smokers that it costs the American economy too much money in health care costs: after watching my government accumulate tens of trillions of dollars in debt in just my short (52) life time, it is just slightly hypocritical of them to tell me I'm costing them too much money. Let's face the truth here: people love telling other people how to run their lives - it's human nature. But it's my human nature to say "tough, get over it."
If people really want to enact meaningful change in American politics and policy, take my advice: everyone mail Obama and his buddies in Congress a pack of cigarettes !
But Dr. Pachauri and the Intergovernmental Panel on Climate Change are now under intense scrutiny, facing accusations of scientific sloppiness and potential financial conflicts of interest from climate skeptics, right-leaning politicians and even some mainstream scientists. Senator John Barrasso, a Wyoming Republican, called for Dr. Pachauri’s resignation last week. Critics, writing in Britain’s Sunday Telegraph and elsewhere, have accused Dr. Pachauri of profiting from his work as an adviser to businesses, including Deutsche Bank and Pegasus Capital Advisors, a New York investment firm — a claim he denies. They have also unearthed and publicized problems with the intergovernmental panel’s landmark 2007 report on climate change, which concluded that the planet was warming and that humans were likely to blame.
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The share of the blame comes as cracks are beginning to show in Emanuel’s once-impregnable political armor... on Capitol Hill he’s under fire for poor execution of the president’s healthcare agenda in the Senate... Senate Democrats grilled White House advisers last week during a special Senate Democratic retreat, expressing frustration over the lack of a clear plan. While Sen. Al Franken (D-Minn.) ripped chief political strategist David Axelrod, Senate Democrats say Emanuel, who was more closely involved in managing negotiations in Congress, also deserves scrutiny.
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Michelle Obama defended her husband against some of his most vocal critics, saying President Obama did a "phenomenal" job this year and that change is a long-term process. The first lady talks about her nationwide campaign called "Let's Move." "I think my husband has done a phenomenal job staying on course, looking his critics in the eye, coming up with clear solutions against staying the course," Michelle Obama told Robin Roberts in an exclusive morning television interview on "Good Morning America." "That's what leadership is. But people have the right to criticize the President of the United States."Let me finish that last thought for you, Michelle. I see you rubbing your hands together and thinking, "Yes, for now people have the right to criticize him, but we're working on changing that."
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In his letter, being sent out to Arpaio supporters today as part of a 100,000-person national direct mail drop, the sheriff calls Hayworth's decision to challenge McCain "courageous." And he pledges to help Hayworth "every step of the way." "Senator McCain has served this country admirably but it's time to replace his moderate or even liberal positions on taxes, the border, social causes and big bank bailouts with a consistent conservative like J.D.," Arpaio continues. "After years of running over Republican principles his entire career no election year conversion to our way of thinking will save his campaign from voters that want conservatives to be a part of the solution rather than part of the problem," he says.
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McCain now finds himself jammed, moving starkly — and often awkwardly — to the right, apparently in an effort to gain favor among the same voters whom Mr. Hayworth, a consistent voice for the far right, could pull toward him like taffy come summer. McCain now sharply criticizes the bailout bill he voted for, pivoted from his earlier position that the Guantánamo Bay detention facility should be closed, offered only a muted response to the Supreme Court’s decision undoing campaign finance laws and backed down from statements that gays in the military would be O.K. by him... “John is undergoing a campaign conversion,” Mr. Hayworth said. Hayworth’s radio-personality bluster and big emotions.. may now have a part in the greater populist narrative that threatens many of the nation’s more centrist Republicans.
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Iran said Tuesday that it had begun producing higher-grade enriched uranium, marking a new and potentially dangerous turn in Tehran's confrontation with the West over its nuclear ambitions... U.S. National Intelligence Director Dennis C. Blair told the House intelligence committee last week that "Iran has the scientific, the technical, the industrial capacity to produce enough highly enriched uranium for a weapon in the next few years and eventually to produce a nuclear weapon. The central issue is a political decision by Iran to do so."
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I wouldn't want my fingerprints on anything this administration or congress proposes. Reid told reporters the bill would be introduced on Tuesday, and that it would include an extension of the tax breaks... Reid did not say how expensive the jobs bill would be. The Senate had been considering a package of roughly $80 billion. The House passed a larger jobs bill before Christmas, but now plans to unveil a different bill independent of that package, which did not garner Republican support.
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Back in November, the House passed its health care bill by a narrow 220 to 215 margin, with 39 Democrats voting against it. Since then, the one Republican who voted for it — Joseph Cao — has indicated that he would not support the bill a second time around given the weaker language on abortion in the Senate version. In addition, Florida Rep. Robert Wexler already retired prematurely. Factor in Murtha’s death today, and Pelosi is down to 217 votes — one short of passage. To pass the bill at some point in the next few months, she’ll need to flip a Democrat who is already on record voting against the bill.
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Don't think that Republicans can't be sucked in when an anti-Wall Street lynch mob gets its blood up. Recall that Sarbanes-Oxley, the devastating antigrowth response in 2002 to the Enron and Worldcom scandals, was passed with virtually unanimous support by Republicans in Congress, and signed by a Republican president. Recall that last year 85 House Republicans voted for a 90% tax on bonuses for any employee of any bank that took more than $5 billion in TARP money. Investors got some good news last Friday. Stocks resisted following through on Thursday's sharp plunge after (Congress) reached an impasse on bank re-regulation. That's a nice down payment on what investors need a lot more of now: proof that the GOP won't join Democrats in a populist rush to seek revenge against Wall Street.
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Just two years after Mr. Obama helped his party pull in record Wall Street contributions — $89 million from the securities and investment business, according to the nonpartisan Center for Responsive Politics — some of his biggest supporters, like Mr. Dimon, have become the industry’s chief lobbyists against his regulatory agenda. Republicans are rushing to capitalize on what they call Wall Street’s “buyer’s remorse” with the Democrats. And industry executives and lobbyists are warning Democrats that if Mr. Obama keeps attacking Wall Street “fat cats,” they may fight back by withholding their cash.
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Will the O-lovers get it though? This will surely affect the majority of those who voted this community organizer in to the White House. Will they see who it's coming from? Or will George Bush be blamed for this too?