Remember Obama’s major 2008 promise: “I will not raise taxes on the middle class”?
Today the CBO announces that the individual mandate, which the Supreme Court determined to be a tax, will hit 6 million Americans–2 million more than they originally estimated. The reason? Higher unemployment and a worsening in the economic outlook since the early years of the Obama administration. The tax will raise an additional $7 billion to be redistributed by Obama and company.
That’s right. Obamanomics kills the economy and now 6 million Americans get to pay higher taxes for choosing to partake in a particular act of commerce. This is how Big Government works for you. They legislate and you pay.
