Watch your wallet

Last fall I watched a poised, assured Barack Obama promise the vast majority of the American people their taxes wouldn't go up if he was elected (just the evil rich would pay). After listening to all his proposals for "change" and considering the vast sums necessary to implement them, I was amazed that he could make such promises about keeping our taxes where they were. Now we see the truth coming out. Check this recent dispatch from the Wall Street Journal regarding your future taxes needed to pay for all the plans Obama has in the works.

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.