would only raise taxes by .5% of GDP, which would mean an increase of a "paltry" $75 billion. Well, the CBO just released a study which estimated the increase to be $1 trillion. ONE TRILLION, Mr. Klein.
CBO: Obamacare Levies $1 Trillion In New Taxes
Obamacare Penalty Regressive, Will Cost Most Uninsured At Least $1,000 Annually
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Millions Flee California Because Of Progressive Tax System
California: The GDP, Budgetary Woes, And Resistance To Austerity Of A PIIGS Nation
US Launches Global Washer Trade War