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Here's how big the potential 2013 tax hikes would be « The Enterprise Blog - 1 views

blog.american.com/...ential-2013-tax-hikes-would-be

James-Pethokoukis Federal-Gestapo Charts economic-armageddon tax-hikes Obammunism

shared by Gary Edwards on 16 Apr 12 - No Cached

Gary Edwards on 16 Apr 12

Stunning chart tracking from 1969 to 2013 the percentage of GDP the government seizes. The tax hikes coming in 2013 will seize over 3.5% of GDP. Previous high was in 1969, where the tax man seized 1.7%. Interesting look at the inverse relationship Government seizure of assets and productivity has with the nations economic growth and prosperity. The more the government takes, the less there is for the nation's citizens. Is that a radical economic insight? For the socialist, it's a connection they really don't want the people to make.

<div class="cArrow"> </div><div class="cContentInner">Stunning chart tracking from 1969 to 2013 the percentage of GDP the government seizes. The tax hikes coming in 2013 will seize over 3.5% of GDP. Previous high was in 1969, where the tax man seized 1.7%. Interesting look at the inverse relationship Government seizure of assets and productivity has with the nations economic growth and prosperity. The more the government takes, the less there is for the nation's citizens. Is that a radical economic insight? For the socialist, it's a connection they really don't want the people to make.</div>

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