Jul 19, 2012 ... When he was asking for our vote in 2008, then candidate Barack Obama famously promised the American people, “I can make a firm pledge. Under my plan no family making less than $250,000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains taxes, ...
A 156 percent increase in the federal excise tax on tobacco: On February 4, 2009, just sixteen days into his Administration, Obama signed into law a 156 ... for the tax, and as Americans for Tax Reform has pointed out, 100 percent of Americans filing a tax return (140 million filers) will be forced to submit paperwork to the IRS ...
Nov 7, 2016 ... Just after President Obama won reelection four years ago, he and Congress increased taxes abruptly on the wealthiest Americans. ... tax hike took effect, strategies used by the rich to reduce their reported income eliminated about 19 percent of the revenue the government could have collected from the tax ...
What Really Happened to Your Taxes While Obama Was President. By Ian Salisbury. January 19, 2017. With Donald Trump and the Republicans set to take the reins ... While Obama did raise some taxes, mostly to pay for Obamacare, there was no major tax overhaul of the kind Trump and Republicans hope to accomplish.
Oct 18, 2010 ... At Pig Pickin' and Politickin', a barbecue-fed rally organized here last week by a Republican women's club, a half-dozen guests were asked by a reporter what had happened to their taxes since President Obama took office. “Federal and state have both gone up,” said Bob Paratore, 59, from nearby ...
President Obama has raised taxes 19 times.