Tuesday, May 28, 2013

IRS - OBAMA CARE, YOU AND TAXES


IRS, ObamaCare and You:  The Taxes
The Foundry – Christopher Jacobs – 5/27/2013

Obamacare taxes most people with health insurance, and most people without health insurance. Likewise, the law taxes many employers who provide health insurance, and most employers who don’t provide health insurance.

Obamacare contains no fewer than 18 tax increases. What’s more, 12 of these taxes will be borne by the middle class, directly breaking President Obama’s 2008 “firm pledge” to those making under $250,000 per year that he would not “raise any of your taxes.” For instance, many seniors will end up paying the 2.3 percent tax on medical devices as the price of wheelchairs, defibrillators, and other needed medical equipment will rise.


ObamaCare Timetable of Taxes
2010 – 2018 - $836.3 billion through 2022
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