Monday, July 11, 2011

Hey, wait...Obama already raised taxes in Obamacare!

The Wall Street Journal can barely believe that Barack Obama made $1 trillion in new taxes the cost to Republicans for raising the debt ceiling and making cuts in federal spending. 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:
WSJ: Let’s not forget Obama’s already-imposed new taxes

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