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Americans for Tax Reform
ATR: Obama Breaks Campaign Promise
February 21st, 2009
Today, on the sixteenth day of his presidency, Barack Obama broke one of the central promises of his candidacy: No American earning under $250,000 per year would face any form of tax increase under his administration. By signing the S-CHIP legislation today, Obama has now broken his oft-repeated promise. Obama's signature puts into effect a 156 percent increase in the federal excise tax on tobacco, a hike of 61 cents per pack. Keywords: Americans for Tax Reform. This article was prepared by Law & Health Weekly editors from staff and other reports. Copyright 2009, Law & Health Weekly via NewsRx.com.
Source: Law & Health Weekly (2009-02-21)
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