We hear that phrase every single time a new government program passes -- it's the largest tax increase in American history -- every time a fiscally responsible President refuses to give more tax cuts to the wealthy and the corporations... essentially any time something happens the Republicans don't like... They find a way to refer to it as the biggest tax increase in American history.
1982 - Ronald Reagan raised taxes with the Tax Equity and Fiscal Responsibility Act. Republicans who disagreed with him called it the largest tax increase in American history.
1993 - Bill Clinton's Omnibus Budget Reconciliation Act of 1993. They referred to it as the largest tax increase in American history.
2007 - Just criticizing the budget, Republicans insisted it was going to be the largest tax hike in American history.
2010 - Campaigning to prevent the sunset of the Bush tax cuts, Republicans accused President Obama of pushing the largest tax increase in American history (as if allowing a law to sunset, as designed, amounts to a tax increase)
2012 - Following the Supreme Court's affirmation of the Affordable Care Act, Republicans immediately started lambasting it as the largest tax hike in American history. It isn't. Not even close. It amounts to $695 per year for the average family affected by the mandate. And the Payroll Tax Cut which the Republicans blocked earlier this year would have been about $1500 for the average family.
We could go on and on with this list. Of the largest tax increases in American history, the Affordable Care Act wouldn't even be in the top ten. With population growth, cost of living, rising wages, and the growth of the US economy all taken into account, the largest increases imposed on the American people are -- and have always been -- the tax increases we endured to pay for World War II. The best estimates as of now are that the mandate may affect 2 to 5 percent of Americans. Romneycare in Masschusetts has a penalty too, and it is estimated to hit one percent of the state.
So when you hear a Republican claiming the Affordable Care Act is the largest tax increase on the middle class in American history, just remember this. It's $695 a year, only on people who don't already have insurance, and of those people who don't have insurance, it's only on those who refuse to buy it. Of the people who refuse to buy it, it's only a tax on those who aren't exempt due to poverty.
Doesn't sound like the largest tax increase in American history to us.