Not one dime!

That's what our president promised when he was on the campaign trail. If you make less than $250,000 per year you could expect "not one dime" in new taxes!

And yet under HR3590 we see:
H.R.3590
Patient Protection and Affordable Care Act (Enrolled as Agreed to or Passed by Both House and Senate)

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"SEC. 9002. INCLUSION OF COST OF EMPLOYER-SPONSORED HEALTH COVERAGE ON W-2.

(a) In General- Section 6051(a) of the Internal Revenue Code of 1986 (relating to receipts for employees) is amended by striking `and' at the end of paragraph (12), by striking the period at the end of paragraph (13) and inserting `, and', and by adding after paragraph (13) the following new paragraph:

`(14) the aggregate cost (determined under rules similar to the rules of section 4980B(f)(4)) of applicable employer-sponsored coverage (as defined in section 4980I(d)(1)), except that this paragraph shall not apply to--

`(A) coverage to which paragraphs (11) and (12) apply, or

`(B) the amount of any salary reduction contributions to a flexible spending arrangement (within the meaning of section 125).'.

(b) Effective Date- The amendments made by this section shall apply to taxable years beginning after December 31, 2010."

Hmmm! Why would the government want our insurance benefits listed on our W-2 forms as income?

Oops! Go to www.thomas.gov and enter HR 3590 and see for yourself. This is the website of the Library of Congress.

My mother got a notice in the mail from our electric cooperative saying that if the Cap & Trade bill passed she could expect a $100 surcharge on her bill since part of her electricity comes from a coal-fired power plant.

Not one dime? That IS what he said isn't it?

Now I have a question; since all businesses, large and small, use electricity, what will the Cap & Trade tax do the cost of the items I buy every day?

Not one dime! That's what he said!