From The Atlantic ...
The Affordable Care Act is not "the largest tax increase in the history of the world," despite what you might have heard on The Rush Limbaugh Show. In fact, it's not even the largest tax increase in the history of The Rush Limbaugh Show. Two years after Rush's national syndication, President George H. W. Bush signed a slightly bigger tax increase in 1990. And Reagan's tax increase from 1982 was bigger than both of them.
Also, you might want to add up Reagan's 1982 tax increase with his Social Security tax hike of 1983.
And be sure to share this with your friends.
- Mark
The Affordable Care Act is not "the largest tax increase in the history of the world," despite what you might have heard on The Rush Limbaugh Show. In fact, it's not even the largest tax increase in the history of The Rush Limbaugh Show. Two years after Rush's national syndication, President George H. W. Bush signed a slightly bigger tax increase in 1990. And Reagan's tax increase from 1982 was bigger than both of them.
Also, you might want to add up Reagan's 1982 tax increase with his Social Security tax hike of 1983.
And be sure to share this with your friends.
- Mark
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