The Most Deceptive Tax Increase in American History?

This exchange, between President Obama and George Stephanopoulos, should echo throughout the presidential race:

OBAMA:  My critics say everything is a tax increase.  My critics say that I’m taking over every sector of the economy.  You know that. Look, we can have a legitimate debate about whether or not we’re going to have an individual mandate or not, but…

STEPHANOPOULOS:  But you reject that it’s a tax increase?

OBAMA:  I absolutely reject that notion.

Here’s the video:

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Yet today we learned that Obamacare could only be constitutionally salvaged as a tax, an expensive and complex new burden on the middle class that will only escalate with time.  Here’s how this tax works (taken from our ACLJ complaint challenging Obamacare): [Read more...]


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