Tuesday, April 17, 2012

The coming "Taxmageddon"

James Pethokoukis writes: "If you combine all the other tax increases from 1980-1993, they add up to 3.3% of GDP, according to the brilliant budget team at Strategas Research. The coming “taxmageddon” of 2013 surpasses all those tax hikes combined! How could the Obama White House even toy with the idea, which it has, of letting them happen?"
 Click on the graph to see it better.
http://blog.american.com/2012/04/heres-how-big-the-potential-2013-tax-hikes-would-be/

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