"It's a Trust Issue" Part 1 By: Tanner Stoker

Throughout the highly energetic presidential campaign, many promises were made by Barack Obama. Whether it be no new taxes on 95% of Americans, or to not tax Health Care Benefits, President Obama has been less than faithful to his campaign pledges. Lets take a look...

“Under my plan, no family making less than $250,000 a year will see any form of tax increase - not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes,” (Obama, Sept 2008)

FACTS
-President Obama has increased the Cigarette tax by 159%, a move that will directly affect 39% of the lowest income bracket and 21% of Adults in general.
-The new Health Care bill contains 7 taxes that break Obamas "firm pledge" not to raise taxes.
*Individual Mandate Excise Tax (Page 324/Sec. 1501/Jan 2014*)
*Employer Mandate Tax (Page 348/Sec. 1513/Jan 2014*)
*Medicine Cabinet Tax (Page 1997/Sec. 9003/$5 bil/Jan 2011)
*HSA Withdrawal Tax Hike (Page 1998/Sec. 9004/$1.3 bil/Jan 2011)
*Flexible Spending Account Cap – aka “Special Needs Kids Tax” (Page 1999/Sec. 9005/$14 bil/Jan 2011)
*Medical Itemized Deductions Cap (Page 2034/Sec. 9013/$15.2 bil/Jan 2013)
*Tax on Indoor Tanning Services (Page 373 of Manager’s amendment/$2.7 billion/July 1, 2010)
-Also, President Obama and many in Congress are proposing a form of Cap and Trade. If it is anything like the one previousily proposed in his first year, it will increase the taxes of all Americans.

"We are going to ban all earmarks,”

-The first spending bill signed by President Obama had over 9,000 earmarks.

"we’re going to do all the negotiations on C-SPAN, So the American people will be able to watch.”

-The following is a quote from C-SPAN CEO Brian Lamb, “The only time we’ve been allowed to cover the White House part of it was one hour inside the East Room, which was kind of just a show horse type of thing.”

“When there’s a bill that ends up on my desk as President, you the public will have five days to look online, and find out what’s in it before I sign it.”

-This promise was immediately broken when President Obama signed his first bill, the Fair Pay Act. It's been broken many times since.

“what I've done throughout this campaign is to propose a net spending cut.”


-Take a look at the following graph found on http://stossel.blogs.foxbusiness.com/2010/01/20/obamas-broken-promises/...



-One will notice that spending grew under every president, but look at how sharply it grows under President Obama. Scary. So the question is raised, can we trust this man?