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Read the bill: Obamacare socks middle class with $3.9 billion tax increase
washington examiner ^ | 4/13/10 | Mark Hemingway

Posted on 04/13/2010 12:44:11 PM PDT by Nachum

One more small detail they forgot to tell you about in the health care bill:

Taxpayers earning less than $200,000 a year will pay roughly $3.9 billion more in taxes — in 2019 alone — because of healthcare reform, according to the Joint Committee on Taxation, Congress’ official scorekeeper for legislation.

The new law raises $15.2 billion over 10 years by limiting the medical expense deduction, a provision widely used by taxpayers who either have a serious illness or are older.

(Excerpt) Read more at washingtonexaminer.com ...


TOPICS: Front Page News; Government; News/Current Events
KEYWORDS: class; flipflop; middle; middleclass; middleclasstaxhike; nonewtaxes; obamabreakspromises; obamacare; obamaflipflops; obamalies; tax; taxhike
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To: autumnraine

http://www.youtube.com/watch?v=A10PvpbPJZw


21 posted on 04/15/2010 5:30:56 AM PDT by wally_bert (It's sheer elegance in its simplicity! - The Middleman)
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