Read my lips, More New Taxes.

Here are just some of the great ideas coming down the regime’s pipeline.

· Allowing the expiration of the previous Bush administration tax cuts at the end of 2010. The cuts go away if Congress does nothing, raising tax rates on the top earners to 39.6% from 35%, and on the next-highest bracket to 36% from 33%. The Joint Committee on Taxation estimates that 55% of these tax increases will come from small-business income.

· Additional tax increases as part of the House health-care bill. The House Ways and Means chairman calls for a 1% surtax on couples with more than $350,000 in income, 1.5% on incomes more than $500,000, and 5.4% on incomes more than $1 million. The extra tax would kick in at lower levels for unmarried taxpayers. And if promised health-care cost savings don’t materialize, the surtaxes would automatically double.

· $8.2 billion of tax increases for people using health savings accounts or other tax-free savings to purchase over-the-counter drugs.

· A “Comparative Effectiveness Research Tax” of $2 billion on all private and “public option” insurance, plus up to 8% paid by employers–mostly small businesses–that don’t offer health insurance.

· A proposed tax on individuals who do not have health insurance.

· An increased tax on American companies doing business in other countries.

· Raising or abolishing the wage cap on Social Security taxes, which would effectively convert Social Security into a welfare program.

· Reducing the tax benefit for itemized deductions like charitable contributions, which would reduce philanthropy.