Obama's False Tax Promise

taxes (Photo credit: 401K 2012)

Remember all the times that Obama promised that no family making less than $250K per year would see a tax increase? In case you have forgotten, here is his exact quote: "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."

Well, an analysis of Obamacare by Stephen Moore, Senior Economics Writer with the Wall Street Journal, shows that nearly 75% of Obamacare costs will fall on the backs of those Americans making less than $120,000 a year.

Another in a long line of broken promises (or blatant lies).

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