Fox News reports this from the CBO:
Nearly 6 million Americans—most of them in the middle class—will face a tax penalty for not carrying medical coverage once President Barack Obama’s health care overhaul law is fully in place, congressional budget analysts said Wednesday…a 50 percent increase [over CBO’s report from last year].
Recall Democratic Presidential Candidate Barack Obama’s solemn promise from his 2008 campaign, repeated constantly over these last four years. He’s not going to raise taxes on any one of us with less than $200,000 of annual income, or on couples of us with a combined annual income less than $250,000.
The CBO said why this sharp increase had occurred, too.
…most of the increase in its estimate is due to changes in underlying projections about the economy, incorporating the effects of new federal legislation, as well as higher unemployment and lower wages.
How’re those several promises
- that promised no-tax-increase
- unemployment held under 8%
- everyone pays their “fair share”
- failure to achieve would produce a one-term presidency (yet he’s running for a second term)
- and so on
and our “recovery” working out for you?
With all this government “help,” we’re having trouble building anything anymore.