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Obama Cap and Tax: $1700 Per Family Per Year

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  • Obama Cap and Tax: $1700 Per Family Per Year

    Folks, get ready for a major tax and cost increase if Obama gets his way.

    The goal of Barack Obama is to make people poorer and sicker. He will make the people poorer and sicker with his tax increases for less health care, and the rationing of health care under health care. Remember, this is the man who would not allow his own grandmother, the women who raised him, from getting a government option hip replacement. He brags he would pay for it himself--but under his plan, after 2016 there will be no private doctors to pay.

    Now he wants Americans who are losing their jobs, paying higher taxes, more for water, more for government--while getting less-- to pay more than $1700, AFTER taxes, for energy.

    Between the over $300 billion in new taxes for government health care, and the $1700 for electricity and gas, tens of thousands more Americans will lose their homes.

    In fact, Obama and his administration KNOW they are lying to us.

    "While the House debated and eventually voted, filed away within the walls of the Treasury Department was an internal estimate that projected a cap-and-trade law would cost Americans up to $200 billion a year in new taxes. These taxes won't be levied directly but will be paid when power providers and other carbon dioxide producers buy CO2 emission allowances from the federal government and then pass the costs on to customers as will inevitably happen.

    Overall, the costs would be "the equivalent of hiking personal income taxes by about 15%," Declan McCullagh reports on his "Taking Liberties" blog on CBSnews.com.

    "At the upper end of the administration's estimate, the cost per American household would be an extra $1,761 a year," McCullagh wrote"

    Obama knows this is a massive tax increase. Will he ever tell us the truth about anything?

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