"95 percent of Americans will get a tax cut" was the campaign slogan. Then he came through with the payroll cut. Fullfill the promise for future campaigns.
What he didn't tell you was that the new taxes needed to support all of his programs will eclipse the cut by miles.
First Cigarettes, now soda:
Soda Tax Weighed to Pay for Health Care - WSJ.com
This is just the beginning. Obama is following the New York/California tax plan. Many "little" taxes on many different things. Then hopefully you won't notice.
Bush tax cuts expire. Next will be salt. Then it'll be cooking oils. Then it'll be movie tickets. Then it'll be sport tickets. Then it'll be more cell phone tax. Then it'll be new Internet taxes. On and on it goes.
After a while you say to yourself, "where's all my money going"?
Too late.
