Obamacare Law Contains 20 New Or Higher Taxes On American Families And Small Businesses

 

 

 

” Taxpayers are reminded that the President’s healthcare law is one of the largest tax increases in American history.

Obamacare contains 20 new or higher taxes on American families and small businesses.

Arranged by their respective effective dates, below is the total list of all $500 billion-plus in tax hikes (over the next ten years) in Obamacare, where to find them in the bill, and how much your taxes are scheduled to go up as of today:

Taxes that took effect in 2010:

1. Excise Tax on Charitable Hospitals (Min$/immediate): $50,000 per hospital if they fail to meet new “community health assessment needs,” “financial assistance,” and “billing and collection” rules set by HHS. Bill: PPACA; Page: 1,961-1,971″

 

 

That was just the start . read the rest of these ” not a tax “Taxes

 

 

              Taxes that take effect in 2013:

” 10. Surtax on Investment Income ($123 billion/Jan. 2013):  Creation of a new, 3.8 percent surtax on investment income earned in households making at least $250,000 ($200,000 single).  This would result in the following top tax rates on investment income: Bill: Reconciliation Act; Page: 87-93″

  Capital Gains Dividends Other*
2012 15% 15% 35%
2013+ 23.8% 43.4% 43.4%
 These are just a couple examples of the  ” not a tax ” Taxes that were rammed down our throats because ” we need to pass the bill before we can see what is in it “. 
  Remind yourself that this is what passes for “responsible” governance in 21st century Amerika . Dictated to by our “betters” . Are we anything much more the serfs now ? 

Taxes that take effect in 2014:

” 17. Individual Mandate Excise Tax (Jan 2014): Starting in 2014, anyone not buying “qualifying” health insurance must pay an income surtax according to the higher of the following

1 Adult 2 Adults 3+ Adults
2014 1% AGI/$95 1% AGI/$190 1% AGI/$285
2015 2% AGI/$325 2% AGI/$650 2% AGI/$975
2016 + 2.5% AGI/$695 2.5% AGI/$1390 2.5% AGI/$2085

Exemptions for religious objectors, undocumented immigrants, prisoners, those earning less than the poverty line, members of Indian tribes, and hardship cases (determined by HHS). Bill: PPACA; Page: 317-337 “

 

 

 

Don’t fool yourselves , this “free” healthcare is going to cost us everything .

 

 

Illustration By Nate Beeler

 

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