Thursday, July 5, 2012

NORQUIST: With a gavel bang, Obamacare is Obamatax - Washington Times

NORQUIST: With a gavel bang, Obamacare is Obamatax - Washington Times

It’s official: Obamacare is Obamatax. The Supreme Court saved Obamacare but at the expense of exposing it as simply a massive collection of taxes - 20 taxes at least. Obamacare was supposed to reduce the cost of health insurance but it has six taxes on Americans who already have health insurance. Your insurance will cost more to pay Mr. Obama’s tax hikes.

Obamacare was supposed to “bend the cost curve down” but it has a tax on medical devices. What medical devices? Braces for your kids. A stent for your heart. A wheelchair. All the cool stuff you see in hospitals will now cost more in order to pay Mr. Obama’s tax on medical devices.

Obamacare has a tax on lifesaving drugs. Great - now our drugs will cost more. Obamacare raises taxes on making new drugs by $2.3 billion a year. And you will pay it.

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