The Obama tax hike machete

posted by
April 14, 2011
Competitive Enterprise Institute
by John Berlau  
Posted in Commentary

"In his deficit reduction 'vision' speech on Wednesday, President Obama tried to distinguish his plan from that of House Budget Committee Chairman Paul Ryan by using a rather crude analogy. The president said, 'We have to use a scalpel and not a machete to reduce the deficit.' But when it comes to tax hikes -- to extend the analogy -- the Obama administration's 2012 budget is charging at business partnerships of all sizes with what could be described as a Texas-size guillotine." (04/14/11)  

Our Sponsors