Obamacare’s 18 New Tax Hikes
Alyene Senger and John Fleming
August 20, 2012
Not only did the President and his partners in Congress take $716 billion out of Medicare to pay for Obamacare, but they also raise taxes by $836.3 billion to pay for it, with $36.3 billion hitting Americans in 2013 alone. Here’s the Congressional Budget Office (CBO) and Joint Committee on Taxation‘s (JCT) updated cost of the Obamacare tax hikes and penalties.
To read about more of Obamacare’s negative effects, click here.
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About James SmithJames is a father of four and grandfather to four cute little bugs. He and his wife Beautiful Gorgeous, of almost 30 years, have been prepping since 2003.
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