What direction are your taxes headed?

I came across this article in the Wall Street Journal. I excerpted part of it below. It says it all--we are headed for huge tax increases.

If President Obama has his way, you will soon have to submit to government rationing of medical care and drive a tiny car. But at least your taxes won't go up if you make under $250,000 a year, right?

Oh, you poor naive soul. The Associated Press delivers the bad news in a dispatch by Stephen Ohlemacher titled "PROMISES, PROMISES: Obama's Tax Pledge Unrealistic":
Obama made a firm tax pledge during the presidential campaign, repeating it numerous times in the weeks and months leading up to Election Day: no tax increases for individuals making less than $200,000 a year or couples making less than $250,000.
"Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes," Obama told a crowd in Dover, N.H., last year.

But less than a month after taking office, Obama signed an expansion of child health care financed by 62-cent tax increase on each pack of cigarettes.

Obama also signed an anti-smoking bill in June that grants authority to the Food and Drug Administration to regulate tobacco. To pay for the new program, a fee is being imposed on the industry--and presumably passed on to consumers--estimated to generate more than $5 billion over the next decade.

While not directly increasing taxes, a House-passed version of Obama's plan to reduce greenhouse gases blamed for causing global warming would similarly increase American families' home energy bills by $175 a year on average, according to the Congressional Budget Office.

Obama hasn't offered a detailed plan to fix health care, though his aides are working with lawmakers as they craft proposals. Obama included only a down payment for health care reform in the budget proposal he unveiled this spring.

He proposed limiting itemized tax deductions for individuals making more than $200,000 and couples making more than $250,000. The plan, which faces stiff opposition in Congress, would limit deductions for mortgage insurance, state and local taxes and charitable contributions, raising about $270 billion over the next decade.

Obama also proposed a series of business tax increases and accounting changes that would raise an additional $30 billion.

If only someone had warned us back when Obama was running for president! Well, actually, John McCain and the Republicans did issue such warnings--but the AP, in a series of "fact check" articles, declared that the warnings were false and implied that they were lies.