December 30, 2012

Obamacare taxes due to kick in in 2013

From Americans for Tax Reform:
$1 Trillion Obamacare Tax Hike Hitting on Jan. 1
Obamacare contains twenty new or higher taxes. Five of the taxes hit for the first time on January 1. In total, Americans face a net $1 trillion tax hike for the years 2013-2022, according to the Congressional Budget Office.
The article then enumerates these five and provides details on how much they will cost us. The Medical Itemized Deductions will hit a lot of people who are on fixed or limited income -- only a couple percent increase but that would make a big difference for the chronically ill. Obamacare needs to be defunded -- starved to death in its cradle. Posted by DaveH at December 30, 2012 3:25 PM