United Liberty
‘I Haven’t Raised Taxes’
Wed, 09/26/2012 - 2:16pm | posted by Cato Institute
Written by Michael F. Cannon, Director of Health Policy Studies at the Cato Institute. Posted with permission from Cato @ Liberty.
Why am I only hearing about President Obama’s gob-smacking “I haven’t raised taxes” claim today, and from Reason?
On CBS News’s “60 Minutes” Sunday night, President Obama said, “Taxes are lower on families than they’ve been probably in the last 50 years. So I haven’t raised taxes.”
As of Monday morning, neither the Washington Post’s Pinocchio-awarding Fact-Checker, nor the Annenberg Public Policy Center’s FactCheck.org, nor the Tampa Bay Times’ Pulitzer-Prize-winning Politifact.com had risen to this opportunity…
Unbelievable. I just checked those websites, and they still haven’t.
Fortunately, Ira Stoll has. He leaves out a number of taxes President Obama has enacted, though, including raising the Medicare payroll tax on high-income earners, applying the Medicare payroll tax to non-payroll income for high-income earners, limiting the tax exclusion for flexible spending accounts, increasing the penalties on certain health savings account withdrawals, the “Cadillac tax” on high-cost health plans…
I hope tax will not be raised into high anymore. It will be a burden to some who is the bread winner of the family. - Trident University
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