Who me…raise taxes? UPDATE: Video added

During the course of his pre-Super Bowl interview with Bill O’Reilly, President Obama said “I didn’t raise taxes once”.  I guess he forgot.

This year a new additional $2.7 billion a year tax was imposed on drug companies under Obamacare.  Doesn’t affect me, you say?  Of course it does.  Drug companies, unlike the federal government, can’t print money, so this tax is being paid by you in the form of higher drug prices.  Personally, I’ve already noticed the increase.

Next year, under Obamacare, medical device manufacturers will pay an additional $2 billion per year in new taxes.  Who do you think will pay for that?

And, beginning in 2013, if you earn any interest or dividend income, you must pay an additional 3.8% tax on that income as a “Medicare” surtax.

Beginning in 2014, insurance companies will pay an additional $6 billion per year in taxes.  Can you say higher premiums?

Were that not enough, beginning in 2014, if you don’t have a health insurance policy that is approved by the federal government, you will pay a tax (yes, the government is now calling it a tax) of up to $2500 per year.

I really want to believe my President when he says something, but…

Then again, President Obama is corect.  He didn’t raise taxes once.

UPDATE: Here’s the young President with the whopper of the day.

httpv://www.youtube.com/watch?v=aGj-wbanL9w

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SoundOffSister

The Sound Off Sister was an Assistant United States Attorney for the Southern District of Florida, and special trial attorney for the Department of Justice, Criminal Division; a partner in the Florida law firm of Shutts & Bowen, and an adjunct professor at the University of Miami, School of Law. The Sound Off Sister offers frequent commentary concerning legislation making its way through Congress, including the health reform legislation passed in early 2010.

8 Comments

  1. Shared Sacrifice on February 8, 2011 at 5:58 pm

    Oba-Mao's statement is factually true, he didn't raise taxes once!   Clearly Oba-Mao was not asked if he had raised taxes multiple times.



  2. Lynn on February 9, 2011 at 2:39 am

    SS, took the words right out of my mouth.



  3. sammy22 on February 9, 2011 at 4:17 am

    He has learned well from those presidents who preceded him.



  4. Dimsdale on February 9, 2011 at 5:54 am

    But he was supposed to be the "healer", the member of the intelligensia that would rise above petty politics and lead the nation.

     

    As for taxes, just because they say "no payments until 2014" doesn't mean you aren't going to be paying….



  5. RoBrDona on February 9, 2011 at 6:10 am

    It isn't just taxes, it's heaped on regulation – additional reporting, red tape, etc. Notice the specific targeting of businesses that have long been thought by progressives as the worst offenders that "unfairly" create profits (profits – can you imagine?) from products "necessary" to Americans.



  6. Tim-in-Alabama on February 10, 2011 at 12:43 am

    Because Thomas Jefferson owned slaves, I see nothing wrong with Obama's untruthful statement.



  7. winnie888 on February 10, 2011 at 3:23 am

    He's a liar.  I seriously can't stand listening to the man "speak" because I know he's doing nothing but blowing smoke and it makes me despise him all the more.  He has nothing but contempt for the people of this country if he thinks we are all still in awe of him and believe his promises about "hope & change".  The hope is dead and these horrible changes just keep comin' whether we want them or not.  He's done nothing but ignore the will of the people when it comes to health care.  I can't wait til he's GONE from the WH.



  8. Wayne SW on February 10, 2011 at 4:20 am

    What Joe Wilson said……



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