OBAMA'S ILL THOUGHT OUT TAXES AND HARRY REID'S FOOLISHNESS

Listing Obama’s Taxes … Since taking office, President Barack Obama has signed into law twenty-one new or higher taxes: 1. A 156 percent increase in the federal excise tax on tobacco: On February 4, 2009, just sixteen days into his Administration, Obama signed into law a 156 percent increase in the federal excise tax on tobacco, a hike of 61 cents per pack. The median income of smokers is just over $36,000 per year. 2. Obamacare Individual Mandate Excise Tax (takes effect in Jan 2014): Starting in 2014, anyone not buying “qualifying” health insurance must pay an income surtax according to the higher of the following ... Read More

Reid corners Republicans for Obama lecture Several Senate and House Republicans are planning to skip President Obama’s address tonight to a joint session of Congress, in part because they believe he will be showing them nothing new when he unveils his big job creation proposal. But Senate Majority Leader Harry Reid, D-Nev., has found a way to keep those pesky Republicans in the building, or at least in his chamber. Reid on Thursday scheduled a vote for after Obama’s speech, and it’s not one many in the GOP will want to miss. As soon as Obama is done talking, the Senate will proceed to a measure to disapprove a $500 billion increase in the debt limit. Read More