[[File:Effect of Bush taxcuts on deficit.JPG|375px]]<br><br>
[[File:Effect of Bush taxcuts on deficit.JPG|375px]]<br><br>
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==Obama tax increases on the Middle class==
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On September 12, 2008 while campaigning in [[Dover]], [[New Hampshire]], then [[Barack Hussein Obama 2008 Presidential campaign|candidate Obama]] made [http://www.youtube.com/watch?v=Q8erePM8V5U this solemn promise] to the American people:
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:''I can make a firm pledge: under my plan, no family making less than $250,000 will see their taxes increase - not your income taxes, not your payroll taxes.'' [http://www.realclearpolitics.com/articles/2008/09/obamas_remarks_in_dover_new_ha.html]<br>
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As of January 1, 2011, income taxes and payroll taxes are slated to increase on all working people in the United States, including the poor and those least able to afford it. A working family with four children, for example, will pay $215 more ''per month'' under [[President Obama]] and the Congressional Democrats economic program.