Obama's Taxes

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April 15, 2014

Obama’s Taxes

Happy tax day.

As many records as Barack Obama has broken as president, the sheer number of his proposed new taxes certainly ranks near the top. According to Americans for Tax Reform, since 2009 he has proposed 442 taxes, which don’t include the 20 new taxes actually enacted. For FY 2010 he proposed 79; for 2011, 52; for 2012, 47; for 2013, 34; for 2014, 137; for 2015, 93. In addition to these, he has said he’d like to investigate taxing soda and sugary drinks and that the VAT (value added tax) is an idea we should be exploring. Obviously, were all these enacted, they would bankrupt America, but then he’s already doing well on that score.

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