95% of Americans will get a tax cut from B. Hussein Obama. Apparantly, that doesn’t include the poor.
It’s baaaack. Remember S-CHIP? The Democrats are racing their universal health care Trojan Horse through the House today and in the Senate by Friday. Yesterday evening after Michelle Malkin filed her syndicated column on Obama and the Democrats’ first massive tax increase of 2009, the 285-page text of the proposed S-CHIP expansion went online. It’s H.R. 2 and you can read the PDF in its entirety here — something a significant number of congressional members will not do before voting for the behemoth bill. The tax portion of the bill is broken out here (thanks to the Stogie Guys). Pelosi’s press release is here. Every legal tobacco product from premanufactured cigarettes and cigarette papers to cigars to roll-your-cigarettes, pipe tobacco, and smokeless tobacco will be taxed out the wazoo. Take roll-your-own tobacco. It’s currently taxed at $1.0969/lb. The Obama/Democrat S-CHIP plan would hike that to $24.62/lb. Cigarette taxes would rise from $19.50 per thousand to $50.00 per thousand for small cigarettes and from $40.95 per thousand to $105.00 per thousand for large cigarettes.House Speaker Nancy Pelosi refuses to have an open debate on the bill. House GOP leaders lodged a protest. (But remember that 42 Republicans sided with Pelosi last January in a failed attempt to override President Bush’s veto.) So much for transparency and openness. And so much for those promises to provide tax relief to “ordinary Americans.” As usual, Barry O was just blowin’ smoke.
