I thought that there would be no new taxes on anyone who makes under $250,000 or was it $150,000 per year. Either way, Obama still lied. Federal excise tax on a pack of cigarettes is now set to go to a disgusting $1.01 per pack on April 1st 2009. It’s for the children you know.
Obama signs kids’ health insurance bill
SCHIP was created more than a decade ago to help children in families with incomes too high to qualify for Medicaid but too low to afford private coverage.
Federal money for the program was set to expire March 31, barring action by Congress. To cover the increase in spending, the bill would boost the federal excise tax on a pack of cigarettes by 62 cents, to $1.01 a pack.
Opponents of the bill complained that the tobacco tax increase hits the poor the hardest, because they are more likely to smoke than wealthier people. Many also took exception to expanding the program and Medicaid to children of newly arrived legal immigrants.
Republicans said they supported SCHIP and providing additional money for the program. However, they argued that Democrats were taking the program beyond its original intent and were encouraging states to cover middle-class families who otherwise could get private insurance.
If you do not smoke now or you do not start soon you do not care about the health of America’s children.
This is just the beginning as noted by Michelle Malkin.
Obama gets his S-CHIP Trojan Horse, first tax hike of 2009: “The first step”
Take heed: President Obama said at the signing that this is just the “first step.”
Which one of your freedoms is the nanny state going to tax beyond belief next?
