Actually, the biggest Obama tax increase (at least that would effect me) is having SS payroll taxes no longer limited (after the pure pandering $250K “bubble” for the democrat mainstream – after all, not fair to tax them, just other peoiple).
I am self-employed, so I pay double. This is effectively something on par of 9% increase (assuming SE taxes remain deductible against “regular” income taxes)! Much bigger than the return to Clinton brackets.
The MSM is unchallenged when it claims the “rich” (I believe defined as anyone earning more than the reporter) pay no taxes. What BS. (I think Wesley Snipes tried that, but it did not work out very well for him.)
Between the Fed and Calif, we pay more than 43% of our income in taxes. There are property and sales taxes on top of that. Why is that not enough? “Class jealousy”? Maybe. I dunno. The Obama tax increases will likely cost a couple of jobs in our small business. I know, I know, even better for the “government takes care of everyone” crowd if even more people are unemployed.