Obama Will Raise Your Taxes, Despite Campaign Promise

Don't believe it? Hang onto your wallet.

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By Bonnie Erbe, Thomas Jefferson Street blog.

New numbers from Rasmussen Reports show few Americans believe their taxes will go up under the Obama administration. One wonders, what are these people thinking? Data released yesterday show only 36 percent of Americans believe their personal taxes will rise under President Obama. Guess they drank the campaign Kool-Aid when candidate Obama pledged he would raise taxes only on families with incomes above $250,000.

I blogged recently about proposals to fund the Obama healthcare reform program with taxes levied on other peoples' company sponsored health insurance. Hello, America: This means new taxes on benefits that are not taxed and it could hit working Americans at all levels of pay. The idea is not law yet--just a proposal. But if anyone but the poorest Americans believes he or she will be paying less in taxes by the end of this administration than at its beginning, that person needs to spend more time reading news reports.

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