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Saturday, March 24, 2012

MILLER: Obamacare's hefty tax bill - Washington Times

MILLER: Obamacare's hefty tax bill - Washington Times

President Obama promised to make health care more affordable, but instead he’s done the opposite. The White House and congressional Democrats slipped 20 new taxes into the Obamacare legislation to raise $500 billion to help pay for the new entitlement’s $2.6 trillion cost. It’s now up to the Supreme Court to provide relief.

Mr. Obama claims to want to raise taxes only on “millionaires and billionaires,” but his signature health care law hits the middle class hard. Americans for Tax Reform (ATR) analyzed the 2,700-page bill and came up with a comprehensive list of its levies.

“Obama promised no taxes of any kind for those who earn less than $250,000. Obamacare broke that pledge repeatedly,” ATR President Grover Norquist told The Washington Times. “They deliberately hid the taxes and wisely understood that delaying the pain by making the effective date after the election, maybe you could get through the election.”

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