Tuesday, April 15, 2014

'Tax Man' Obama has sought 442 tax increases

April 15 is a hard day for many, as their annual federal tax bill comes due. But it could have been worse. - Paul Bedard/Washington Examiner

According to a new report, President Obama has sought 442 tax increases since taking office, though most have died because of congressional opposition.

Having included 93 new taxes in his fiscal 2015 budget, the anti-tax Americans for Tax Reform reviewed his proposals since his 2009 Inauguration to determine just how tax-friendly the president has been. Their conclusion: He's very friendly.

...The review was timed for April 15 as ATR’s annual wake up call on taxes facing Americans. But it also made note of how the president has not succeeded in instituting his wishes due to Republican opposition in Congress, partly because of ATR’s successful effort to get candidates to pledge to never raise taxes.

"Presidents are judged by history based on what they did in power. But presidents can only enact laws when the Congress agrees," said Norquist in a statement accompanying ATR’s tax list. "Thus a record forged by such compromise tells you what a president — limited by Congress — did, rather than what he wanted to do."