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Democrats Propose Largest Tax Increase In History

Posted by Casey on March 27, 2007

First it was Clinton, and now the Dems are looking to do it again.

The Democrat budget reported Wednesday proposes the largest tax increase in U.S.
history – $392.5 billion over 5 years – mainly to finance immense new spending
through 2012. Although they try to insist otherwise, the figures in their budget assume
these tax increases will occur automatically – and without them they cannot achieve a
balanced budget, as they claim.

Keep in mind it is coming from the Republicans.


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