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Obama has Proposed Tax Hikes of $2.1 Trillion

TheĀ Washington Examiner [1] reported:

President Obama’s proposed tax changes amount to a $2.1 trillion increase in federal taxes over the next 10 years, according to an official estimate released Thursday.

The Joint Committee on Taxation, the congressional body tasked with providing nonpartisan estimates of tax legislation, released an analysis Thursday finding that Obama’s fiscal 2017 budget proposal included a long list of taxes amounting to just over $1 trillion in the next five years and $2.1 trillion over 10 years.