‘Tax Man’ Obama has sought 442 tax increases

‘Tax Man’ Obama has sought 442 tax increases

April 15 is a hard day for many, as their annual federal tax bill comes due. But it could have been worse.

According to a new report, President Obama has sought 442 tax increases since taking office, though most have died because of congressional opposition.

Having included 93 new taxes in his fiscal 2015 budget, the anti-tax Americans for Tax Reform reviewed his proposals since his 2009 Inauguration to determine just how tax-friendly the president has been. Their conclusion: He’s very friendly.

“History tells us what Obama was able to do. This list reminds us of what Obama wanted to do,” said Grover Norquist, president of Americans for Tax Reform.

The group’s list of 442 tax proposals notes that he did sign 20 tax increases into Obamacare and a tobacco tax approved soon after he entered office. For the Obamacare taxes, the net tax hike over the next decade is at least $1 trillion, said the group.

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