answersLogoWhite

0

How much has Obama raised taxes?

Updated: 8/20/2019
User Avatar

Wiki User

11y ago

Best Answer

Actually, most objective sources say he has cut taxes, especially for small businesses and working families. His political opponents claim he raised taxes on everyone, but there is not much evidence to support this claim. In late 2011, the fact-checking site Politifact.com said President Obama's assertion that he had lowered taxes for the middle class was true.

User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How much has Obama raised taxes?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Where was Barack Obama was raised?

Senetor Barack Obama was raised in Africa Senetor Barack Obama was raised in Africa


Will Barack Obama rise taxes?

Barack Obama states he will not raise taxes.


What is Barack Obama lowering taxes for if you dont make how much a year?

he is the president


What will happen if President Obama raises your taxes even more?

This question assumes that President Obama has raised your taxes a lot already. But this is political rhetoric from his opponents, and it is not entirely accurate. The facts are that he has given a number of tax cuts, especially to middle-class and working families. And there is no evidence he has plans to "raise your taxes even more."


What do you call Barack Obama's era?

The era of too much taxesOR, government by grown-ups (Obama has actually reduced taxes)


Does Barack Obama support taxes?

There is no such thing as "supports taxes" or "does not support taxes." Taxes are a fact of life, there is no way for Pres. Obama to not support taxes. President Obama supports a progressive tax, meaning rates are higher on the rich then the poor.


How is the Obama Healthcare Plan going to be run?

Nobody knows and won't know for years until rules are written, taxes are raised, and court cases are settled.


What are Obama contributions to America?

He gave the go ahead to kill Bin Laden. He rammed Obamacare through. He raised taxes to support government aid programs.


What is obama point of view on the taxes?

raise taxes


What are the new taxes created by Barack Obama?

So far, there have not been new taxes. In fact, there have been several tax cuts. But Mr. Obama did say that he believes the wealthiest 2% of Americans need to pay more in taxes, and he has proposed that their taxes be increased slightly, to raise much-needed revenue.


Were taxes raised in the 1920s?

They were raised in most countries.


How does Barack Obama feel about taxes?

Obama loves taxes because he's a politician and all they want is more federal power. Obama's also a liberal and thus twice as bad as a normal politician. So Obama loves taxes because they add to the federal reserve.