Coming soon: Obama to tax and regulate junk food
Welcome to ObamaVille. Not only are American’s taxes going up (regardless of what happens with the fiscal cliff) due to Obama, but soon if you eat ‘junk food’ Obama will be taxing and regulating that also. Isn’t living in a socialist utopia great? Larry Summers who was chair of Obama’s National Economic Council in 2009 slipped up on Morning Joe.
Summers says expect to see tax and regulatory measures directed at ‘helping people be healthier’ in the near future.