The $1.8 Trillion Tax Increase
No Tax Deal Equals New Taxes
By Guest Column Brian Ward—— Bio and Archives--August 4, 2011
American Politics, News | Comments | Back To Full Article
President Obama and his party leaders have been insisting that new tax revenue must be part of any talks concerning cutting government programs. Speaker Boehner stated that the Republican Party agreed to $800 billion in new tax revenue after which the President demanded $400 billion more. Late Sunday night a new deal seemed to emerge not requiring any tax increases, yet here they are, already hitting a paycheck near you.
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