3 Trillion Reasons Not to Raise Taxes Again
How about because we don’t need government to waste more of our money.
Check it out:
Do you know how much President Obama has raised taxes?
Oh, by about $3 trillion.
In a new paper, Heritage expert Curtis Dubay reminds us:
President Obama has already raised taxes substantially twice—first as part of Obamacare and then as part of the “fiscal cliff” deal earlier this year. Together, those increases raised taxes by more than $1.3 trillion over 10 years. Including the payroll tax increase that was also part of the fiscal cliff deal, taxes have risen by almost $3 trillion during President Obama’s tenure.
That’s right: Taxes have risen by almost $3 trillion during President Obama’s tenure.