Saturday, January 4, 2014

More New Taxes and Fees: How You’ll Pay for Obamacare in 2014

Heritage Foundation ^ | Jan 2, 2014 | Alyene Senger 

Obamacare contains 18 specific tax hikes, mandates, or penalties that cost Americans money, and three new ones take effect in 2014. This is only the beginning—watch how two of these taxes get worse in the years to come.

The individual mandate is designed to strong-arm individuals into purchasing government-approved health insurance or facing a tax penalty....The mandate increases drastically in coming years, rising to $325 or 2 percent of income in 2015, and $695 or 2.5 percent of income in 2016—whichever is greater.
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We need health reform that works for Americans — not against them
(Excerpt) Read more at blog.heritage.org ...

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