Obama’s $2 trillion stealth tax hike

The budget Obama proposed in February would raise taxes by $2 trillion on the richest 2 percent of Americans over the next decade. But it proposed $8.7 trillion in new spending and a total of $26 trillion in deficit spending in that same time period.

The President doesn’t believe government should get smaller or cost less. He thinks it should get significantly larger and cost a great deal more. And he thinks he can convince you to support this by tricking you into thinking Warren Buffett and his friends will pay for it all. They won’t. You will pay, too: in higher taxes, a weaker economy and a more burdensome government.

GET MORE STORIES LIKE THIS

IN YOUR INBOX!

Sign up for our daily email and get the stories everyone is talking about.

Uncategorized

Previous post

Blind Budget Deficit Pig

Next post

How Much did President Obama and the First Lady Pay in Taxes Last Year?

Join the conversation!

We have no tolerance for comments containing violence, racism, vulgarity, profanity, all caps, or discourteous behavior. Thank you for partnering with us to maintain a courteous and useful public environment where we can engage in reasonable discourse.