Promises, promises: Obama tax pledge unrealistic
Original post made by I didn\'t vote for him! on Jul 8, 2009
Now, lawmakers are looking for more revenues to help pay for providing medical insurance to millions more who lack it at a projected cost of $1 trillion over the next decade.
The floated proposals include increasing taxes on alcohol, which could raise $62 billion over the next decade, and a new tax on sugary drinks such as soda, which could raise $52 billion.
Senate Democrats this week pretty much rejected a proposal by Finance Committee Chairman Max Baucus, D-Mont., to tax health benefits, an idea that Obama repeatedly criticized during the presidential election campaign but has refused to take off the table.
Special holiday memories about family and traditions; do you have one to share?
By Gina Channell-Allen | 0 comments | 767 views