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Obama Calls for Highest Sustained Taxation in U.S. History




The budget proposal he presented to Congress last month, President Barack Obama called for what would be the highest level of sustained taxation ever imposed on the American people, according to the analysis published last week by the Congressional Budget Office- Obama?s 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-America has never been subjected to a ten-year stretch of taxation at that level.

Read Full Story: http://cnsnews.com/news/article/terence-p-jeffrey/...

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