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Obamacare's 18 New Tax Hikes
Posted By Alyene Senger On August 20, 2012 @ 1:03 pm In Obamacare | Comments Disabled
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 .
Article printed from The Foundry: Conservative Policy News Blog from The Heritage Foundation: http://blog.heritage.org
URL to article: http://blog.heritage.org/2012/08/20/obamacares-18-new-tax-hikes/
URLs in this post:
 Congressional Budget Office: http://cbo.gov/sites/default/files/cbofiles/attachments/43471-hr6079.pdf
 Joint Committee on Taxation: http://waysandmeans.house.gov/uploadedfiles/jct_june_2012_partial_re-estimate_of_tax_provisions_in_aca.pdf
 click here: http://www.heritage.org/initiatives/health-care
 Image: http://blog.heritage.org/wp-content/uploads/special-obamacare-taxes-AUG-2012-chart-1-600.jpg
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