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