Saturday, April 04, 2009

Are Obama’s Tax Increases Excessively Large?

Recently, blogging on Campaign for America’s Future, Bernie Horn laid out “an avalanche of misleading and mistaken “facts” about President Obama’s budget.”

In particular, he quoted Republican Senator from New Hampshire, Judd Gregg, as saying

“He is proposing the largest tax increase in history, much of it aimed at taxing small business people…and a massive new national sales tax on your electric bill…”

Hello-o! Take a look at the graph above.

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