The Scoop
August 22, 2012
Health Care News
Obamacare’s 18 New Tax Hikes
Not only did the President and his partners in Congress take $716 billion out of Medicare to pay for Obamacare, but they also raise taxes by $836.3 billion to pay for it, with $36.3 billion hitting Americans in 2013 alone. Here’s the Congressional Budget Office (CBO) and Joint Committee on Taxation‘s (JCT) updated cost of the Obamacare tax hikes and penalties.
To read about more of Obamacare’s negative effects, click here.
Tags: Cadillac tax, Congressional Budget Office, employer mandate, Individual Mandate, Joint Committee on Taxation, Medicare cuts, ObamaCare, tanning tax, tax hikes






