Galileo
07-01-2012, 09:15 PM
Comprehensive List of Tax Hikes in Obamacare
Individual Mandate Excise Tax(Jan 2014):
Employer Mandate Tax(Jan 2014):
Surtax on Investment Income ($123 billion/Jan. 2013):
Excise Tax on Comprehensive Health Insurance Plans($32 bil/Jan 2018):
Medicine Cabinet Tax($5 bil/Jan 2011):
HSA Withdrawal Tax Hike($1.4 bil/Jan 2011):
Flexible Spending Account Cap – aka“Special Needs Kids Tax”($13 bil/Jan 2013):
Tax on Medical Device Manufacturers($20 bil/Jan 2013):
Raise "Haircut" for Medical Itemized Deduction from 7.5% to 10% of AGI($15.2 bil/Jan 2013):
Tax on Indoor Tanning Services($2.7 billion/July 1, 2010):
Elimination of tax deduction for employer-provided retirement Rx drug coverage in coordination with Medicare Part D($4.5 bil/Jan 2013)
Blue Cross/Blue Shield Tax Hike($0.4 bil/Jan 2010):
Excise Tax on Charitable Hospitals(Min$/immediate):
Tax on Innovator Drug Companies($22.2 bil/Jan 2010):
Tax on Health Insurers($60.1 bil/Jan 2014):
$500,000 Annual Executive Compensation Limit for Health Insurance Executives($0.6 bil/Jan 2013)
Employer Reporting of Insurance on W-2(Min$/Jan 2011):
Corporate 1099-MISC Information Reporting($17.1 bil/Jan 2012):
“Black liquor” tax hike(Tax hike of $23.6 billion).
Codification of the “economic substance doctrine”(Tax hike of $4.5 billion).
Read more: http://www.atr.org/comprehensive-list-tax-hikes-obamacare-a5758#ixzz1zQWyylZA
:downspin:
Individual Mandate Excise Tax(Jan 2014):
Employer Mandate Tax(Jan 2014):
Surtax on Investment Income ($123 billion/Jan. 2013):
Excise Tax on Comprehensive Health Insurance Plans($32 bil/Jan 2018):
Medicine Cabinet Tax($5 bil/Jan 2011):
HSA Withdrawal Tax Hike($1.4 bil/Jan 2011):
Flexible Spending Account Cap – aka“Special Needs Kids Tax”($13 bil/Jan 2013):
Tax on Medical Device Manufacturers($20 bil/Jan 2013):
Raise "Haircut" for Medical Itemized Deduction from 7.5% to 10% of AGI($15.2 bil/Jan 2013):
Tax on Indoor Tanning Services($2.7 billion/July 1, 2010):
Elimination of tax deduction for employer-provided retirement Rx drug coverage in coordination with Medicare Part D($4.5 bil/Jan 2013)
Blue Cross/Blue Shield Tax Hike($0.4 bil/Jan 2010):
Excise Tax on Charitable Hospitals(Min$/immediate):
Tax on Innovator Drug Companies($22.2 bil/Jan 2010):
Tax on Health Insurers($60.1 bil/Jan 2014):
$500,000 Annual Executive Compensation Limit for Health Insurance Executives($0.6 bil/Jan 2013)
Employer Reporting of Insurance on W-2(Min$/Jan 2011):
Corporate 1099-MISC Information Reporting($17.1 bil/Jan 2012):
“Black liquor” tax hike(Tax hike of $23.6 billion).
Codification of the “economic substance doctrine”(Tax hike of $4.5 billion).
Read more: http://www.atr.org/comprehensive-list-tax-hikes-obamacare-a5758#ixzz1zQWyylZA
:downspin: