Obamacare Biggest Tax-Increase in Twenty Years

“Can a people tax themselves into prosperity? Can a man stand in a bucket and lift himself up by the handle?” –Winston Churchill, Speech at the Free Trade Hall, Manchester, England (1904)

Many are calling yesterday’s healthcare ruling upholding Obamacare as a “tax” the largest tax-increase in history. It may very well be that, if implemented, by the end of this decade we will look back on Obamacare and its bureaucracy and see that it certainly was the largest tax-increase in U.S. history. However, Politifact.com is reporting that, at the very least, Obamacare is the largest tax-increase in two decades.

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