But then he spent his first 15 months in office working to pass Obamacare, which imposes numerous taxes -- including on those who earn far less than $250,000. For awhile, he argued that Obamacare didn't really include any tax. But his own lawyers -- doubtless with his knowledge -- argued repeatedly to the Supreme Court that it does include at least one tax.
Why would he argue one way, and then the other?
Another question is this: in the depths of the recession in 2009, why did he waste so much time to pass a health care law that adds massively to the federal debt and includes a tax increase? Wasn't the economy supposed to be top priority?
For further information on the Obamacare taxes, see http://www.atr.org/five-worst-obamacare-taxes-coming-a7217.
Speaking of tax hikes, have you heard about the fiscal cliff coming in January? It's big, and it's VERY bad.
But can't we just get more money out of the rich?
Maybe that won't quite cut it...
The last word here goes to the late great economist, Milton Friedman:
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