This is an election year and that means it’s tax time. Your hard-earned money is burning a hole in some candidate’s pocket.

Cue Barack Obama, the heir to the Democratic tax-and-spend crown. He’s promised to spend money to raise minimum wage, play with trade treaties and even get “broadband to every community in America.” A high-speed connection in every pot? And he’s just getting started.

His supporters on the left and in the media are calling him “presidential.” It’s great that our nation has come so far that we can be fleeced by an African-American politician as much as a white woman (Hillary Clinton) or the usual parade of white men.

Naturally, I’m talking taxes. Obama has made more than $340 billion in promises and he’s not even elected. Somehow that makes him “presidential.” If he promised a trillion dollars in goodies, would he be three times as “presidential?”

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Let’s assume his backers are right. What kind of president would Obama be? Reportedly, he sits in Bobby Kennedy’s old Senate desk. Assassination destroyed any chance RFK had to be president, but it was apparent his would have been a very liberal administration.

Obama supporters take it a step further. They compare him not to RFK, but JFK or even another three-initial set — FDR. Forget the irony that his supporters pick three politicians all known for three-letter nicknames and we can’t even say Barack Hussein Obama (BHO) without an uproar.

McCain has compared Obama to Jimmy Carter — he of sweaters, stagflation and double-digit interest rates. Also forget the Plains peanut and go back all the way to the Great Depression. Democrats like the FDR comparison. One of the smartest money men in the country, Steve Forbes, compares Obama instead to FDR’s predecessor Herbert Hoover.

As Forbes puts it in the June 30 issue: “Ironically, the Democratic Party and, in particular, Senator Obama and his vanquished rival are the true heirs to Hooverian economics.” Forbes went on to explain how Hoover’s “activist” government and his trade barriers made the economy worse. FDR piled on later with more government, slowing the recovery still further.

Forbes called Hoover’s move to raise taxes in tough times “catastrophic.” The activist Obama is similar in his Hoover-esque plan to raise taxes. So much so, that he was rated at 5 percent by the National Taxpayers Union for his most recent term. That’s an F anywhere but the Baltimore school system. McCain got an A at 88 percent.

That follows the National Journal ranking that listed BHO as the most liberal senator in Congress. Combining those themes, Obama wants to soak the rich — for starters. But they already pay a higher percentage tax than just a few years ago. The top 10 percent of earners pay 70.3 percent of taxes. Just a few years ago, it was closer to 66 percent. That’s a big shift, but not enough for BHO.

An Obama-nation could indeed be memorable. He could go down in history with three letters just like FDR and JFK. Only they won’t be his initials, they’ll be the letters — T-A-X.

Dan Gainor can be seen each week on Friday afternoons on the new Fox Business Network. He is T. Boone Pickens Fellow at the Media Research Center’s Business & Media Institute, a career journalist and media commentator. He can be reached at gainorcolumn@gmail.com.