Obama Prolongs Recession

The best way to prolong a recession and stifle the economy is by continually raising taxes. Unfortunately, this self-destructive policy has been Obama’s disastrous domestic policy ever since taking office. Under Obama’s recent proposal, taxes would rise from 17.6 percent of Gross Domestic Product in 2014 to 19.2 percent in 2024. During the ten years from 2015 to 2024, federal taxation would average 18.7 percent GDP. The Congressional Budget Office (CBO) said this would be the highest level o...
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