In his FY 2016 budget, President Barack Obama proposed $1.44 trillion in new taxes over the next ten years. Though his tax proposal is not likely to be passed by Congress, it comes on top of hikes he already managed to enact, such as the fiscal cliff deal that increased taxes by $620 billion and the $1 trillion of taxes in ObamaCare. Conservative activists, rightly, slammed the tax hikes, which have contributed to a slow economic recovery in the aftermath of the Great Recession.