Kamis, 11 Maret 2010

Congressman John Fleming

Contradictory Messages from the Obama Administration on Tax Increases:

"You don't raise taxes in a recession.
President Obama - August 5, 2009

We have a Democratic president and administration that is prepared to sign a tough package that includesa revenue component.
President Obama - July 19, 2011

Former Obama Economic Guru admits Negative Effect of Tax Increases.

  • In a study authored by Christina Roemer, Former Chair of President Obamas Council of Economic Advisors, found that even a tax increase of just 1% on the economy, would conversely have almost double a negative effect on the economy.
  • If taxes went up just 1% - 1.84% would be taken out of the economy hurting job growth and economic activity.
  • To view the study click HERE
Source: OECD & Tax Foundation

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