February 8, 2011

Obama: I didn't raise taxes once.

Well that's what he claimed in his interview with Bill O'Reilly on Sunday. 
From Americans for Tax Reform:

On Sunday, in a live, nationally televised interview just prior to the Super

Feb. 4, 2009 – Obama signs federal tobacco tax hike:
signed into law a

Obama’s signature on this tax hike was a violation of his central campaign promise – a “
that no American making less than $250,000 would see “
of smokers is just over $36,000.
Just sixteen days into his presidency, Obama156 percent increase in the federal excise tax on tobacco – a hike of 62 cents per pack.firm pledgeany form of tax increase”. The median income

March 23, 2010 – Obama signs the healthcare bill into law:
bill enacted two dozen new or higher taxes (at least
including but not limited to:
-- Individual Mandate Excise Tax
-- Employer Mandate Excise Tax
-- Small business 1099-MISC Information Reporting
-- Surtax on Investment Income
-- Excise Tax on Comprehensive Health Insurance Plans
-- Hike in Medicare Payroll Tax
-- Medicine Cabinet Tax
-- HSA Withdrawal Tax Hike
-- Flexible Spending Account Cap – aka “Special Needs Kids Tax”
-- Tax on Medical Device Manufacturers
-- "Haircut" for Medical Itemized Deduction from 7.5% to 10% of AGI
-- Tax on Indoor Tanning Services
-- Elimination of tax deduction for employer-provided retirement Rx drug coverage
-- Blue Cross/Blue Shield Tax Hike
-- Excise Tax on Charitable Hospitals
-- Tax on Innovator Drug Companies
-- Tax on Health Insurers
-- Biofuel “black liquor” tax hike
-- Codification of the “economic substance doctrine”

Now let’s turn to the second part of Obama’s claim: “I lowered taxes over the last two years. I lowered
taxes for the last two years.”

relief he has signed into law. The tax
permanent. In fact, Obama signed into law $7 in permanent tax hikes for every $1 in permanent
tax cuts
President Obama’s entire claim of being a net tax-cutter rests merely upon the temporary taxincreases Obama has signed into law have invariably been
Over 90% of the dollar value of the tax cuts Obama signed into law are only temporary
100% of the tax increases Obama signed into law are, however, permanent
Permanent changes to tax law signed by Obama amount to a net tax hike of $618.7 billion
Americans for Tax Reform is a non-partisan coalition of taxpayers and taxpayer groups who oppose all tax increases. For more information or to arrange an interview please contact John Kartch at (202) 785-0266 or by email at
jkartch@atr.org.


“I didn’t raise taxes once. I lowered taxes over the last two years. I lowered taxes for
the last two years.”


Let’s break down the statement, starting with Obama’s “I didn’t raise taxes once” claim. This assertion
is blatantly false, as President Obama has signed into law at least two dozen tax increases:

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