is he s had 25 tax increases signed into law since he took over and we re on the hook for $670 billion worth of tax increases over the next 10 years. that doesn t include the tax increase that will bring us back on income levels in january 1st to the clinton years away from the bush years who had them who implemented two sets of tax cuts during his time. wait until cap and tax, cap and trade, whatever you call it, gets pushed through. that is $600 or $700 billion of tax to every family, every year. i don t see how they can do it. the house passed it and what eric is referring to is the fact that the cap and trade is coming to a country near you, us, this april. it will be out there introduced in the senate and lindsay graham is working with john kerry about some type of bipartisan cap and trade which gives relatively scary and controversial. one of the things that they re going to need g.o.p. help on if they want to pass it is financial regulatory reform and that is the next bi
the only ones that have supported taxes in the past but right now, it s democrats that are just amping it up to the tune of $670 billion. according to these statistics there s been 25 tax increases since barack obama took office in 2008. when people say i feel overtaxed they re pointing right to 1600 pennsylvania avenue. the other thing that karl rove points out in that article, he believes it could be a moral issue, too, how people feel about taxes. here s another interesting stat, 75% of all americans believe no one should pay more than 20% of their income in taxes. well, we ve already gone way past that a long time ago. so it s interesting to check in on the pulse of what americans feel especially on real quickly, obamacare, a lot of the new taxes are hidden within that. taxes on drug makers. taxes on drugs. taxes on device makers. that s going to end up being ultimately higher health care for everyone. maybe that s the reason the tea party has sprung into
administration came into office now we have in law 670 billion dollars in new taxes of new taxes that are in law since the president took over. 300 billion of that, a little over, hit people making less than $250,000. 14 different tax increases that affect families making less than $250,000.ç taxes are way up, spending is through the roof. it is our understanding that the democrats are choosing this year not to do a budget. they have the house, they have the senate, obviously they have the white house, one of the basic functions of governing is to budget. greta: the thing that i guess is of some concern to most americans is most americans have a budget. and the reason that you have a budget is so you can figure out what makes sense to spend, where you can spend or how you somehow bring down any credit cards you owe. this idea of a budget does haveç a practical implication. why no budget?
administration came into office now we have in law 670 billion dollars in new taxes of new taxes that are in law since the president took over. 300 billion of that, a little over, hit people making less than $250,000. 14 different tax increases that affect families making less than $250,000.ç taxes are way up, spending is through the roof. it is our understanding that the democrats are choosing this year not to do a budget. they have the house, they have the senate, obviously they have the white house, one of the basic functions of governing is to budget. greta: the thing that i guess is of some concern to most americans is most americans have a budget. and the reason that you have a budget is so you can figure out what makes sense to spend, where you can spend or how you somehow bring down any credit cards you owe. this idea of a budget does haveç a practical implication.