In an interview with Fox News host Bill O´Reilly last year, President Obama claimed he "didn´t raise taxes once." O´Reilly didn´t challenge the claim, and other reporters repeated it as fact. But it was completely false.
By the time he went on O´Reilly´s show, Obama had signed more than 20 tax hikes into law with a combined 10-year price tag of more than $500 billion. However, since most of these taxes targeted relatively small and unpopular groups — smokers, tanning salons, insurance companies, the rich — few seemed to notice.
Indeed, a review of the tax hikes Obama has enacted or proposed finds that most follow the same pattern: Pick out distinct groups that people generally don't like and hit them with special tax punishments.
(Excerpt) Read more at news.investors.com ...
