gt actual likeness
Twenty new taxes in Obamacare,
source NEWSMAX
  1. Excise tax on charitable hospitals
  2. Economic substance doctrine [read about this, you'll love it]
  3. “Black liquor” tax hike (on a type of bio-fuel)
  4. Innovator drug companies tax
  5. Blue Cross/Blue Shield tax hike
  6. Indoor tanning services tax

    Already in effect…

  7. Medicine cabinet tax - over-the-counter drugs no longer included
    in various health savings accounts
  8. Health Savings Accounts early withdrawal tax
  9. Employer reporting of insurance on W-2
  10. Surtax on investment income
  11. Medicare Payroll Tax hike
  12. Medical Device tax
  13. Change in itemised deductions for medical expenses
  14. Flexible Spending Account cap [directed against "special needs" children]
  15. Tax deduction eliminated for employer-provided prescription drug coverage
  16. Executive Compensation limit for Health Insurance executives
  17. Individual Mandate Tax [only $95 in 2014, jumps to $695 in 2016]
  18. Employer Mandate Tax [applies to employers with 50 or more employees,
    encouraging such companies to drop down to 49 employees]
  19. Health Insurers tax
  20. Tax on Comprehensive Health Insurance Plans, the so-called Cadillac plans,
    although Mercedes or Audi might be a better monikers, US auto industry
    successes notwithstanding. Keep your good plan, get taxed for the privilege.
Before you consider many of these will not hit you personally, remember
that insurers and businesses will palm these expenses off on you.
 

©2013 GT Slade

Get Back   Home   Next