The Humble Libertarian

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Wednesday, July 4, 2012

Taxes are US. The Biggest Tax Increases in US History

With all the hysteria over the Supreme Court upholding what the federal government is already constitutionally empowered to do, namely to tax, the Obamacare tax is far more relevant when viewed in the context of historical tax increases. The Washington Post has an interesting piece on the issue of taxation along with the biggest taxes in US taxing history. Actually, the Washington Post used research compiled by others, who made the above chart, to make an important point. No, ‘Obamacare’ isn’t ‘the largest tax increase in the history of the world’ (in one chart).
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Judy Morris,
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