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Obama Calls for Highest Sustained Taxation in U.S. History

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In the budget proposal he presented to Congress last month, President Barack Obama called for what would be the highest level of sustained taxation ever imposed on the American people, according to the analysis published last week by the Congressional Budget Office.

Under Obama’s proposal, taxes would rise from 17.6 percent of Gross Domestic Product in 2014 to 19.2 percent in 2024. During the ten years from 2015 to 2024, federal taxation would average 18.7 percent GDP.

America has never been subjected to a ten-year stretch of taxation at that level.

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Source: http://ncrenegade.com/editorial/obama-calls-for-highest-sustained-taxation-in-u-s-history/


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    Total 6 comments
    • DRAUGR

      All the more reason to impeach. The only thing preventing congress from starting formal impeachment proceedings is that most in congress lack a spine. Any other country with half the authority that this country’s congress holds would have impeached him in his second year. But our spineless congress, afraid of being called names, and especially afraid that they may lose that big fat whopping retirement package cower in the shadows. When they talk big, it’s all talk and nothing more. A patriot, a true American would put it all on the line for their country. Oh we have plenty of patriots in this country. They are hard working average folks. But if called they would leave their jobs, the comfort of home and give their lives for this country. How many in congress would you suspect would do the same? My guess is about 1/2 of 1 percent. That lady’s and gentleman is one of the problems. Where I come from they’re called (the ones with no spine) career politicians.

    • desertspeaks

      yeah um. calling for higher taxes before an election is never good for the controlling party, ie in this instance, the democrats,.. they’ve already got ovomitcare dragging them down, benghazi, irs gate, epa gate, bundygate, lying about lying gate! and now, on top of all that, dumbo calls for higher taxes..
      Fine, please, by all means, i DARE YOU!

      • IMC

        It’s part of the game, people will feel vindicated when they vote in a Republican but that person will continue on the same course as obama. Probably give obama and the rest of the administration full pardons immediately after being sworn in.

    • Dustdevil

      Just remember, we started an international war, and gave King George his walking papers over 15% taxation. The Democrats keep overlooking that small detail, that is so conveniently summed up in the Constitution and Bill of Rights that they keep trying to burn, everytime someone gives them a match.

    • Ruk9p

      :idea: Since Congressional collusion, and Senatorial impotence (as BOTH do directly equate with TREASON) are so weakly contrived it necessarily follows that BO falsely believes that his openly destructive “edicts” castrate the abilities of the citizenry to demonstrate that when the constitution and the rule of law have been arrogantly vacated by Traitors of the people, the actions taken to send our message WILL be remembered by world leaders for decades.

      To the 545, eventually you must return to your districts to play the role of the surprised incumbent after “winning” another fixed election. Anything short of an Oscar worthy performance will in all probability result in the decorative use by the mobs of entire extended families to festively theme streetlights and lampposts to evoke a sense of the sort of ethics that if applied 40 years ago would have taken the nation down the path where their own children and grandchildren wouldn’t be sharing your fate.

      Resign and disappear before the masses visit you in DC. Karma is looking for your dogma. To run it over. You did this to yourselves. Only you can alter the relevant futures. I suggest you do so before the end of the term. Today is good too.

    • putupjob

      increased taxation is sustained income for the leeches and grifters.
      86 million private sector workers now support the whole system.
      the leech machine needs a lot more money.

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