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Thursday, June 24, 2010

One Week from Today: Obamacare's First Pledge-Breaking Tax Hike Takes Effect

From Americans for Tax Reform:
President Barack Obama has some explaining to do. When he signed the healthcare bill into law, he formally broke his "firm pledge" to the American people that "no family making less than $250,000 a year will see any form of tax increase."

Among the twenty one tax hikes signed into law as part of Obamacare, at least seven directly break Obama's central campaign promise. The first of these tax hikes will take effect on July 1: the excise tax on indoor tanning services -- a 10 percent tax on the retail price of a tanning session.

Leaving no stone unturned in their petty hunt for tax revenue, Senate Democrats in December added the tax behind closed doors at the last minute. There is no exemption made for families making less than $250,000 per year, thus violating Obama's "firm pledge" to the American people.
Read the full release below:

One Week from Today: Obamacare's First Pledge-Breaking Tax Hike Takes Effect

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