Do you have a so-called “Cadillac” high-premium or just a plain ol’ health insurance plan? Are you on prescription medication? Do you expect to buy a wheel chair or some other medical device? Do you employ “low-income” workers?
If you answered “yes” to any of the above, bend over ’cause the O-word and his criminal cabal of Demonrats will be “servicing” you with more taxes — all in the name of health care reform.
To those who had voted for this punk: How are you liking the hope and change?
By Rob Bluey – March 24, 2010
A jubilant President Obama put his signature on health care legislation yesterday, but the work isn’t done quite yet. The U.S. Senate must pass the Reconciliation Act of 2010, making a number of tax changes to current law.
By signing the legislation, Obama already broke his campaign promise not to raise “any form” of taxes on families making less than $250,000 per year. The reconciliation bill adds even more taxes for Americans — an estimated $52.3 billion over 10 years, according to a new analysis from Americans for Tax Reform.
ATR’s Ryan Ellis spoke at The Bloggers Briefing yesterday about the reconciliation measure: ”We lost a major fight on Sunday. That fight is lost; President Obama has signed it into law. Rather than wallowing … and waiting until the election, we have a fight this week on the floor in the Senate. Do we want to have an additional tax increase on top of the tax increase that has just been signed into law?”
Heritage’s Robert Book, Guinevere Nell and Paul Winfree have been documenting these tax changes, noting how the legislation imposes new taxes on employers, the sick, and low-income and moderate-income workers.
Below is a table showing taxes that apply to everyone regardless of income.