The Real Obama Tax Increase

If the voters authorize your subdivision association to spend $10.00 per year, and they spend $11.00 per year.  That’s a $1.00 increase in taxes that dwellers will be required to pay.  It’s a 10% tax increase.

Now magnify that to the scale of Obama’s 4 years.*  American’s authorized the Federal Government to spend $9,836,745,000,000… …yes, that’s almost $10 Trillion.

Barack Obama and the Democrats spent $14,658,185,000,000 — that’s $14.6 Trillion!

By the logic in the 1st sentence, that’s a $4,821,440,000,000 TAX INCREASE!  Per citizen, that’s a $15,306.16 Tax Increase… …a 49% tax increase.  It’s $4,000 per family just for the interest on Obama’s debt

So much for lowering taxes on 98% of all Americans.

*This reflects fiscal years 2010 – 2013 over which the President presided.

h/t economy.blog.ocregister.com

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About bbollmann
A Missouri Conservative who like to rock... ...especially to the great music of Rush!

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