Derek Thompson with facts: “2 of the Last 3 GOP Presidents Signed Larger Tax Increases Than Obamacare”

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The Affordable Care Act is not “the largest tax increase in the history of the world,” despite what you might have heard on The Rush Limbaugh Show. In fact, it’s not even the largest tax increase in the history of The Rush Limbaugh Show. Two years after Rush’s national syndication, President George H. W. Bush signed a slightly bigger tax increase in 1990. And Reagan’s tax increase from 1982 was bigger than both of them.

source: Business – Derek Thompson – 2 of the Last 3 GOP Presidents Signed Larger Tax Increases Than Obamacare – The Atlantic.

Just the facts.