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  Topic: As 2013 Begins, Get Ready For
An ObamaCare Tax Onslaught
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As 2013 Begins, Get Ready For
An ObamaCare Tax Onslaught

Forbes, by Grace-Marie Turner

Original Article

Posted By:NorthernDog, 1/2/2013 1:46:38 PM

The third wave of ObamaCare taxes began on January 1, the latest blitz before the tsunami of changes from the health overhaul law hit in 2014. These new and higher taxes are being levied to partially pay for ObamaCare’s massive new subsidies for private health insurance and expansion of Medicaid. The most controversial of the latest ObamaCare taxes is the Medical Device Tax that hits entrepreneurial firms making equipment such as heart valves and hip replacement parts. They face a 2.3% profit on gross sales – a tax they must pay even if they have no profit at all.

Comments:
The reduced deductibility of medical expenses and a cap on Flexible Spending accounts will result in higher taxes for all - even the middle class. Yes, he lied.

      


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Reply 1 - Posted by: Mr. Know-It-All, 1/2/2013 2:39:11 PM     (No. 9095046)

RACIST!!

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Reply 2 - Posted by: skedaddle, 1/2/2013 3:23:28 PM     (No. 9095116)

I don´t have to worry about any of this. I probably couldn´t get deemed worthy of a medical device, my home lost all its appreciation and my "investments" make nothing. (I say this all with bitterest sarcasm.)

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Reply 3 - Posted by: whyyeseyec, 1/2/2013 4:17:36 PM     (No. 9095234)

Taking all this money out of the private sector creates govn jobs. What is everyone worried about?

/s

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Reply 4 - Posted by: locarno, 1/2/2013 8:00:56 PM     (No. 9095560)

Whats everyone complaining about? They voted for this. The Republicans that stayed home last election ´voted´ for this. You wanted it, you got it. Next time, make the effort to care enough about your country and the future to make a stand and make a difference.

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Reply 5 - Posted by: Trigger2, 1/3/2013 6:24:18 AM     (No. 9095962)

The grifters outnumber the taxpayers now and it´s getting worse and worse because jobs are disappearing. Expect even more taxes on the shrinking worker population so the grifters can get more freebies. See how it works?

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