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Top Five Worst Obamacare Taxes Coming in 2013
Americans for Tax Reform ^ | September 28, 2012 | John Kartch

Posted on 09/29/2012 12:18:35 PM PDT by lowbridge

Of the twenty new or higher taxes in Obamacare, below are the five worst that will be foisted upon Americans for the first time on January 1, 2013:

The Obamacare Medical Device Tax – a $20 billion tax increase: Medical device manufacturers employ 409,000 people in 12,000 plants across the country. Obamacare imposes a new 2.3 percent excise tax on gross sales – even if the company does not earn a profit in a given year. In addition to killing small business jobs and impacting research and development budgets, this will increase the cost of your health care – making everything from pacemakers to prosthetics more expensive.

The Obamacare “Special Needs Kids Tax” – a $13 billion tax increase: The 30-35 million Americans who use a Flexible Spending Account (FSA) at work to pay for their family’s basic medical needs will face a new government cap of $2,500 (currently the accounts are unlimited under federal law, though employers are allowed to set a cap).

There is one group of FSA owners for whom this new cap will be particularly cruel and onerous: parents of special needs children. There are several million families with special needs children in the United States, and many of them use FSAs to pay for special needs education. Tuition rates at one leading school that teaches special needs children in Washington, D.C. (National Child Research Center) can easily exceed $14,000 per year. Under tax rules, FSA dollars can be used to pay for this type of special needs education. This Obamacare tax provision will limit the options available to these families.

(Excerpt) Read more at atr.org ...


TOPICS: Business/Economy; Crime/Corruption; Government; News/Current Events
KEYWORDS: healthcare; obama; obmacare; taxes

1 posted on 09/29/2012 12:18:42 PM PDT by lowbridge
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To: lowbridge
THIS JUST IN: Obama's winning campaign slogan:

"The world owes you a living...no matter how lazy, dumb, slovenly, drunk, drug-addicted...no matter how many convictions for distribution/possesion, armed robbery, domestic violence, murder, mayhem and rape. No matter how many screwups, jobs lost, kids abandoned."

"The world owes you a living and Obama's gonna make sure US taxpayers pay for it."


2 posted on 09/29/2012 12:32:26 PM PDT by Grampa Dave (We are the 53%, who pay taxes and keep this country going inspite of the 47% rat moochers!)
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To: lowbridge
THIS JUST IN: Obama's winning campaign slogan:

"The world owes you a living...no matter how lazy, dumb, slovenly, drunk, drug-addicted...no matter how many convictions for distribution/possesion, armed robbery, domestic violence, murder, mayhem and rape. No matter how many screwups, jobs lost, kids abandoned."

"The world owes you a living and Obama's gonna make sure US taxpayers pay for it."


3 posted on 09/29/2012 12:32:40 PM PDT by Grampa Dave (We are the 53%, who pay taxes and keep this country going inspite of the 47% rat moochers!)
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To: lowbridge

bump


4 posted on 09/29/2012 12:47:12 PM PDT by lowbridge (Joe Biden: "Look, the Taliban per se is not our enemy.")
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To: Grampa Dave
The Faber college dean was wrong. Fat, drunk and stupid is a great way to go through life!
5 posted on 09/29/2012 1:14:29 PM PDT by 17th Miss Regt
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