Yes, Actually, ObamaCare IS the Biggest Tax Increase in History

0 Posted by - July 10, 2012 - Career & Business, Conspiracies & Scandals, Economics, Medical, Money, Nanny State, Police State

1213 obama tax full 600 300x200 Yes, Actually, ObamaCare IS the Biggest Tax Increase in HistoryJust because a headline or an idea is repeated over and over again doesn’t make it true.

No sooner had Chief Justice Roberts issued his ruling that ObamaCare’s individual mandate to purchase health insurance ObamaCare was a tax than the law’s defenders in the press were racing to rebut the idea that the law, overall, is the largest tax increase in American history.

“No, ObamaCare Isn’t the Biggest Tax Increase in History,” was the headline over Kevin Drum’s piece in Mother Jones, published July 1.

“No, ‘Obamacare’ isn’t ‘the largest tax increase in the history of the world’ (in one chart)” was the headline over a July 2 postby the Washington Post’s Ezra Klein, which hyperlinked back to Kevin Drum.

Bloomberg Businessweek’s Elizabeth Dwoskin weighed in on July 3. Her article was headlined, “Why ObamaCare’s Tax Increase Isn’t the Biggest Ever,” and it linked back to Ezra Klein.

On July 5, The New Republic’s Jonathan Cohn, a college pal of mine, joined the fray with an article whose web headline is “The Affordable Care Act Is Not The Biggest Tax Hike.” He linked back to both Ezra Klein and Kevin Drum.

CONTINUED at Reason. Written by Ira Stoll.

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