Obama repeatedly promised the nation that he wouldn’t raise their taxes by “a single dime.” No, his raising them about 3000% more than that.
Via The Foundry:
President Obama is crisscrossing the country to scare Americans about sequestration. But what’s really frightening are the 13 Obama tax hikes that took effect in 2013.
These tax increases, which range from new Obamacare taxes to a payroll tax hike on workers, will slow the economy. Heritage Foundation President-Elect Jim DeMint warned on Fox News last night these tax hikes have the potential to cause more harm than the budget cuts that will happen as a result of sequestration:
Most of the media is so sold out to Obama that they’re missing the obvious. The policies the President has in place, especially the tax increases that just got in, are going to hurt our economy, probably actually bring it down. The President is desperate to blame it on Republicans. He wants to blame it on a reduction in government spending. But the taxes are taking almost two-and-a-half times more out of the economy than this sequester will.
So how do the Obama tax hikes compare to sequestration? It’s a whopping $149.7 billion in taxes vs. $85 billion in spending cuts.
Meanwhile, the Senate STILL refuses to pass a budget. The House Conference wants them to be held accountable for their pathetic failure: