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Tuesday, April 15, 2014

Obama has Proposed 442 Tax Hikes Since Taking Office

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
MORE

2 comments:

Anonymous said...

"Not one tax hike will I make!" Thus he spake!

Anonymous said...

How many of these tax hikes hit folks making less than $250k/yr?

All of them - unless they're on welfare...those folks are the recipients of the revenues generated!