Posted on 04/18/2010 7:01:51 PM PDT by Lexluthor69
I have seen lots of articles claiming to detail the new tax hikes under Obamacare. Most of them contained a lot of hyperbole and not so many facts. This article from Notoriously Conservative is a great summary of some of the taxes we can expect. The author has taken the time to include page numbers and links to the original material. Please visit Notoriously Conservative for the links.
List of Tax Hikes in Obamacare
Remeber when Obama said, "I've been a little amused over the last couple of days where people have been having these rallies about taxes," the president said, noting the numerous tax cuts pushed by his administration. "You would think they'd be saying thank you." Of course you remember, it was yesterday. Well, for all your little smug liberal friends that say Obama cuts taxes, ask them about the taxes stuffed into the new Obamacare disaster:
(Page numbers reference ORIGINAL REID-OBAMA BILL unless noted):
Individual Mandate Tax (Page 324/Sec. 1501/$15 bil/Jan 2014): Starting in 2014, anyone not buying “qualifying” health insurance must pay an income surtax according to the higher of the following (page 71 of manager’s amendment updates Reid bill):
Single 2014 $495/0.5% AGI $990/0.5% AGI $1485/0.5%/AGI 2 People 2015 $495/1.0% AGI $990/1.0% AGI $1485/1.0%/AGI 3+ People 2016+ $495/2.0% AGI $990/2.0% AGI $1485/2.0%/AGI (Exemptions for religious objectors, undocumented immigrants, prisoners, those earning less than the poverty line, members of Indian tribes, and hardship cases (determined by HHS).)
(Excerpt) Read more at silentmajority09.com ...
I’m still pissed that I can’t buy OTC meds with my health savings account next year.
The less you can buy with it, the more you'll have in the account when the commies decide to confiscate it "for the greater good".
Pure Fascism.
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