1/09/2010

Obama's broken promise not to tax health care insurance

Breitbart TV has this video of Obama's broken promises on taxing health insurance. I have written on this before, but it is useful to see it on a video.


"I can make a firm pledge: no family making less than $250,000 will see any form of tax increase - not your income taxes, not your payroll taxes, not your capital gains taxes, not any of your taxes. And my opponent can't make that pledge. and here is why: for the first time in American history, John McCain wants to tax your health care benefits."


The full Obama quote is here:

For example, I'm on record as saying that taxing Cadillac plans that don't make people healthier but just take more money out of their pockets because they're paying more for insurance than they need to, that's actually a good idea.

John McCain calls these plans Cadillac plans and in some cases it may be that a CEO's getting too good a deal. But what if you're a line worker making a good American car like the Cadillac? What if you're one of the steel workers who are working right here at Newport News and you've given up wage increases in exchange for better healthcare? Well, Senator McCain believes you should pay higher taxes, too. The bottom line: The better your healthcare plan, the harder you fought for your good benefits, the higher the taxes you'll pay under John McCain's plan.

And I can make a firm pledge. Under my plan no family making less than $250,000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes.

And my opponent can't make that pledge and here's why. For the first time in American history John McCain wants to tax your healthcare benefits. Apparently Senator McCain doesn't think it's enough that healthcare premiums have doubled. He thinks you should have to pay taxes on them, too. That's a $3.6 trillion tax increase potentially on middle class families.

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