Economy: Economic News, Policy & Analysis - The Washington Post: No, ‘Obamacare’ isn’t ‘the largest tax increase in the history of the world’ (in one chart)

Economy: Economic News, Policy & Analysis - The Washington Post Economy News: Get the latest headlines and in-depth coverage of economic news, policy, analysis and more from The Washington Post.

No, 'Obamacare' isn't 'the largest tax increase in the history of the world' (in one chart) Jul 2nd 2012, 12:15 Since the Supreme Court decision, Republicans have been calling the Affordable Care Act "the largest tax increase in the history of the world." Politifact rates this false. Kevin Drum's got a table of the 15 significant tax increases since 1950, and the Affordable Care Act, which amounts to a tax increase of 0.49 percent of GDP, comes in 10th. Austin Frakt took Drum's table and made a chart: Read full article >>

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