Five Hidden Obamacare Taxes that Crush the Middle Class

[Danzig]

http://www.factcheck.org/2012/07/big...se-in-history/


posted that link in another thread, but figured it should be inserted here as well.


an excerpt:

A Big Increase

There’s no question that the package of taxes and other revenue-raisers (lol nice euphemism for tax) that the law contains constitute a large increase. The most recent estimate from the nonpartisan Joint Committee on Taxation puts the total for more than a dozen different tax increases and other “revenue-related provisions” at $675 billion between now and 2022.

And that’s not counting the effect of penalty payments by individuals who refuse to take out health insurance (estimated by the nonpartisan Congressional Budget Office to be $54 billion over the same period. The JCT tax estimate also doesn’t count penalties paid by large employers (those with 50 employees or more). CBO estimates they will pay $113 billion during the period, rather than provide insurance coverage for their workers.



and then there's this at the end:

“[i]f both the premium and the penalty are considered a tax (and the scotus evidently considers it so, witness the ruling), the mandate becomes the largest tax increase in U.S. history,” writes Merrill Matthews, a conservative commenter on the Forbes.com website.