"I pledge that under my plan, no one making less than $250,000 a year will see any type of tax increase, not income tax, not capital gains taxes, not any kind of tax." Presidential candidate, Barack Obama - Dover, N.H., and in a campaign ad "taxing health care instead of fixing it. We can't afford John McCain."
But that was then and this is now. President Obama is "open" to the idea of taxing health benefits - a compromise with other democrats that will increase taxes on all workers who receive employee paid health care. This tax, like most taxes, will hit those who can 'least afford it,' especially hard. Jobs that attract highly educated, skilled employees will always provide perks - more perks than jobs requiring less education and skill. Once the market resets, employers will, once again, pay for health insurance through increased salaries, and the increased costs that will be passed on to the consumer - as a hidden tax that must be factored into the equation, another part of Obama's broken promise.
If this plan goes through, it will be just one more campaign promise that is dismissed with other broken campaign promises.
What a sad commentary on our political system when breaking a campaign "promise" is accepted as a necessary, and a forgiven tool to meeting the ends of winning the next election.
Sunday, June 28, 2009
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