Thursday, February 5, 2009
Obama hikes taxes on the poor
President Obama has hiked taxes. His first tax hike will hit the poor hardest. He signed a bill which expands the State Children's Health Insurance Program (SCHIP) by roughly $35 billion over the next five years. This expansion is funded by a 62 cent hike in the federal tax on cigarettes. Opponents of the program argued that, among other things, it will allow undocumented immigrants to illegally access taxpayer-financed health care, and is insufficiently funded. Now poor working class smokers will be paying for health care for illegal immigrants. This is a sad day in America. For smokers, this tax will reduce the already sad amount of $10 dollars per week in stimulus money the Obama Administration thinks will stimulate their economy. Who would have thought a fellow smoker would have betrayed his brethren in this way. Of course, Barack Obama is wealthy and living in the White House on the taxpayer's dime. He doesn't have to worry about the price of his smokes.