Obama backs what he called "the largest middle-class tax increase in history"

June 29, 2009

"I pledge that under my plan, no one making less than $250,000 a year will see any type of tax increase…Not income tax, not capital gains taxes, not any kind of tax." – Candidate Barack Obama in Dover, N.H., Sept. 12, 2008

Barack Obama, who won the presidential election promising absolutely no tax increase of any kind for the middle class, is now considering a new multi-billion dollar tax on employer-provided health care benefits — the very proposal he attacked during the campaign as "the largest middle-class tax increase in history."

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Obama backs what he called "the largest middle-class tax increase in history"


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