Skip to comments.Obama has Proposed 442 Tax Hikes Since Taking Office
Posted on 04/14/2014 1:34:50 PM PDT by upbeat5
Since taking office in 2009, President Barack Obama has formally proposed a total of 442 tax increases, according to an Americans for Tax Reform analysis of Obama administration budgets for fiscal years 2010 through 2015.
The 442 total proposed tax increases does not include the 20 tax increases Obama signed into law as part of Obamacare.
"History tells us what Obama was able to do. This list reminds us of what Obama wanted to do," said Grover Norquist, president of Americans for Tax Reform.
The number of proposed tax increases per year is as follows:
79 tax increases for FY 2010 52 tax increases for FY 2011 47 tax increases for FY 2012 34 tax increases for FY 2013 137 tax increases for FY 2014 93 tax increases for FY 2015
Perhaps not coincidentally, the Obama budget with the lowest number of proposed tax increases was released during an election year: In February 2012, Obama released his FY 2013 budget, with "only" 34 proposed tax increases. Once safely re-elected, Obama came back with a vengeance, proposing 137 tax increases, a personal record high for the 44th President.
(Excerpt) Read more at cnsnews.com ...
All on the rich who aren’t paying their fair share, right?
The Rats could get 100% of your money and would not be satisfied until everyone was in chains.
Obama supposedly promised that, if elected, that there would be no tax increases of any kind on people earning below a certain amount. I forget what that amount was, but would not be surprised if that campaign promise was shattered.........
And yet our side and The RNC can’t get a clear message across!
“Obama supposedly promised that, if elected, that there would be no tax increases of any kind on people earning below a certain amount. I forget what that amount was, but would not be surprised if that campaign promise was shattered.........”
Yeah, I remember. During the 2008 campaign it was below $200,000 then got changed to $250,000.
And if it were not for the wave election of 2012, he would have gotten 442 tax hikes.
2012 should read 2010
Thats because “our side’ sent him those tax laws to sign. Without the GOP giving the Senate a tax bill to approve, Obama could not have done squat.
That noise I hear must be the Republicans screaming from the Capitol steps. Huh? No?