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Obama’s $1,000 middle class tax hike is just the beginning

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Last night on CBS, President Obama told Steve Kroft, “I haven’t raised taxes. I’ve cut taxes for middle class families by an average of $3,600 per typical family.” That makes it sound like Obama has cut taxes for middle class families by $3,600 a year. The truth is far different. In 2009 and 2010, Obama’s “Making Work Pay Tax Credit” did cut middle class income taxes by $800 a year, totaling...

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