TRUTH BE TOLD

TRUTH BE TOLD
WORLD NEWS EVERY DAY

Saturday, January 5, 2013

$1 Trillion Obamacare Tax Comes in January

$1 Trillion Obamacare Tax Comes in January

12/31/12
Americans for Tax Reform reported:
On January 1, regardless of the outcome of fiscal cliff negotiations, Americans will be hit with a $1 trillion Obamacare tax hike.
Obamacare contains twenty new or higher taxes. Five of the taxes hit for the first time on January 1. In total, for the years 2013-2022, Americans face a net $1 trillion tax hike for the years 2013-2022, according to the Congressional Budget Office.
The five major Obamacare taxes taking effect on January are as follows…
  1. Medical device tax
  2. Flex account tax
  3. Investment income surtax
  4. Limiting medical itemized deuctions
  5. Medicare payroll tax hike
Huckleberry commented:
Largest tax increase in the history of our nation. 1 out of 7 are now on food stamps and our homes are worth 39% less than they were 4 years ago. More people going in to poverty each and & every day and this president wants to raise taxes. Welcome to Obamaville, the newest 3rd world country.  

No comments:

Post a Comment