Barack Obama and the rest of the class-warfare crowd act as if “tax the rich” is an appropriate answer to every question about fiscal policy.
I’m not joking. Here are some of the President’s main tax hikes that have been enacted or proposed.
Obama imposed higher income tax rates on upper-income taxpayers as part of the fiscal cliff deal.
Obama also succeeded in increasing the double-taxation of dividends and capital gains for successful taxpayers.
Obamacare was a budget-busting nightmare with lots of tax increases, but the biggest tax hike targeted rich taxpayers.
Obama’s proposed solution for Social Security’s huge unfunded liability is a large tax increase on taxpayers making more than $100,000 per year.
Obama also has proposed big tax hikes for American companies trying to compete in global markets.
This list could continue, but I think you get the point. American leftists are like malfunctioning Chatty Cathy Dolls…
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