OK, just who’s the liar?

As time goes by, I find it just becomes a lit­tle harder to bite my tongue over what Barack Obama is doing to this coun­try and it’s cit­i­zens. (Frankly, my dear, I don’t give a damn what hap­pens to the ille­gals as long as they get the Hell out of my coun­try.)  So let’s exam­ine some of Barack’s promises, shall we?

“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.”  Barack Obama, 12 Sep­tem­ber 2008 cam­paign speech

“If your fam­ily earns less than $250,000 a year, you will not see your taxes increased a sin­gle dime. I repeat: not one sin­gle dime.” Barack Obama, 24 Feb­ru­ary 2009

You’ll note he even repeated him­self, just so we would hear what he had to say. Not one sin­gle dime, he said.  And note when he said it, on 24 Feb­ru­ary 2009.

How many of you are aware of The Children’s Health Insur­ance Pro­gram Reau­tho­riza­tion Act of 2009 (CHIPRA, Pub­lic Law 111–3)?  Surely you know of it.  You see, Barry signed that act into law on Feb­ru­ary 4, 2009, almost three weeks before repeat­ing how we would not see taxes raised by one sin­gle dime.  Had Barry for­got­ten by 24 Feb­ru­ary he had already signed an act into law rais­ing the fed­eral excise tax on tobacco by one hun­dred, fifty-six per­cent?  What hap­pened to not one sin­gle dime, Mr Obama?  Did you lie to us?

The Oba­macare Med­ical Pros­thet­ics and Devices Tax took effect in Jan­u­ary of 2010, rais­ing the price of all med­ical pros­thetic devices, such as pace­mak­ers and arti­fi­cial limbs. Con­sumers of these devices will end up pay­ing more for these life-saving items.  Once again I ask, Mr. Obama, did you lie to us?

On 1 July 2010, the Tax on Indoor Tan­ning Ser­vices took effect.  This was a pro­vi­sion of Oba­macare that will impose a new ten per­cent tax on any­one using an indoor tan­ning salon.  I’m start­ing to get the impres­sion Obama has been telling us a lie since the beginning.

The so-called Med­i­cine Cab­i­net Tax will take effect 1 Jan­u­ary 2011.  This means you will no longer be able to use your health sav­ings account (HSA), your flex­i­ble spend­ing account (FSA), or your health reim­burse­ment (HRA) pre-tax dol­lars to pur­chase non-prescription, over-the-counter med­i­cines (except insulin).  Are you get­ting the drift?  Obama has been telling you lies.

Also on 1 Jan­u­ary 2011, a very ugly and cruel pro­vi­sion of Oba­macare will take effect.  Under cur­rent law, par­ent of chil­dren with spe­cial needs can use FSA dol­lars to cover spe­cial needs edu­ca­tion expenses, which can eas­ily run over $12, 000 annu­ally.  But once Barry’s Spe­cial Needs Kids Tax goes into effect, a cap will be imposed on flex­i­ble spend­ing accounts of $2,500.  Are you see­ing Barry’s lies yet?  How many thou­sands of spe­cial needs chil­dren are there in the U.S. that require spe­cial needs edu­ca­tion?  And how many of their par­ents voted for Barry’s promises of Hope and Change?

Another pro­vi­sion of Oba­macare to take place on 1 Jan­u­ary 2011 is the HSA With­drawal Tax Hike.  Barry will be increas­ing the addi­tional tax on non-medical early with­drawals from an health sav­ings account from 10 to 20 per­cent, dis­ad­van­tag­ing them rel­a­tive to IRAs and other tax-advantaged accounts, which remain at 10 per­cent.  But remem­ber, he pledged fam­i­lies with incomes less than $250,000 we would not see any tax increases.  Mr. Obama, you are a liar.

Barry’s Med­ical Item­ized Deduc­tions Cap will go into effect on 1 Jan­u­ary 2013.  As the law now stands, Cur­rently, those fac­ing unusually-high med­ical expenses are allowed a deduc­tion if the total cost if the expenses reduces the filer’s income by 7.5%.  But this new pro­vi­sion of Oba­macare imposes a thresh­old of 10%.  Ask your­self if this change of Barry’s will bring any hope to early retirees or those who are cat­a­stroph­i­cally ill.  More evi­dence of the lies Obama has been telling Amer­i­can citizens.

The Oba­macare Indi­vid­ual Man­date Excise Tax will take effect 1 Jan­u­ary 2014, which means any­one not pur­chas­ing ‘qual­i­fy­ing’ health insur­ance will have to pay a sur­tax on their income tax.  Have you finally sorted Obama is the liar?

Lib­er­als, includ­ing our government-controlled media, have been howl­ing for years about how Repub­li­cans were increas­ing spend­ing and taxes, but they for­get about how in both 2001 and 2003, the GOP Con­gress enacted sev­eral tax cuts for investors, small busi­ness own­ers, and fam­i­lies.  Were you aware these will all expire on Jan­u­ary 1, 2011?  Were you aware your income tax would be going up?  The low­est tax bracket will jump from ten to fif­teen per­cent.  The top bracket will rise from thirty-five to thirty-nine point six per­cent.  How many of you are small busi­ness own­ers?  Two-thirds of all small busi­nesses are taxed in this category?

The mar­riage tax penalty will then return from the first dol­lar.  Adop­tion tax cred­its and depen­dent care tax cred­its will be cut.  The child tax credit will be cut in half, from $1,000 to $500.  The Death Tax will return.  The cur­rent cap­i­tal gains tax is fif­teen per­cent.  Next year, that will rise to twenty per­cent.  But didn’t Barry Obama pledge to us that we would not see an increase in any of our taxes?

I think it’s easy to see the Amer­i­can pub­lic has been lied to by a man who’s eli­gi­bil­ity to sit in the Exec­u­tive Office is still being ques­tioned.  How long before the rest of Amer­ica wakes up and rises up against the injus­tices of the Obama administration?

Related posts:

1. Daily Pres­i­den­tial Track­ing Poll
2. Won’t Get Fooled Again

Tagged as: Barack Obama, Obamacare, taxes