Ernst and Young report: Obama tax hikes in 2013 will cost at least 700,000 American jobs

barack-obama-arroganceA new report by accounting firm Ernst and Young released a study showing that Obama’s tax hikes which will go into affect next year (if Romney doesn’t kick his ass in November) will cost the American economy at least 700,000 jobs. Of course, this isn’t exactly bad news for Obama and the Marxist Democrats, as they want people out of the labor force and sucking off the government teet.

“Our economy is still struggling under President Obama’s policies, and his massive tax hike will only make things tougher,” Boehner said in a statement. “It’s one of the worst possible ideas at one of the worst possible times for families and small businesses.”

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July 17, 2012 · Filed Under economy, Taxes


Comments

  • NWC

    Too many people do not understand what obama’s intentions for our country truly are.  Who are his real backers?  It seems no one really cares, and/or if you DO care….You’re immediately branded a KOOK, Politically Incorrect to boot!

    • Me

       ”Obama knows what con men have long known, that their job is not to convince skeptics but to enable the gullible to continue to believe what they want to believe. He does that very well”

      Thomas Sowell