Monday, July 11, 2011

WSJ: Let’s not forget Obama’s already-imposed new taxes

Hot Air  "Obama keeps saying that he has cut taxes, but the Journal reminds people that Obama has raised taxes, too — and in key ways that impact capital.  The ObamaCare bill will raise taxes in a number of unpleasant ways, all in support of vast new federal spending and regulatory adventurism, with these just a few of the worst:"....
"While Obama wanted Boehner to put higher tax rates on the line for a deal, the President wasn’t willing to part with any of ObamaCare’s new taxes or spending.  The White House did agree to tax reform in exchange for temporarily higher rates, but over the weekend, the Journal smelled a rat — or maybe just paid attention to history:"

No comments: