So This Is Our 'No New Taxes'?
With Obamacare now the new health care law of the land, here are just a few of President Obama’s “no new taxes” that either have been implemented or are about to be implemented to help pay for this debacle:
Black liquor tax
Tax on innovator drug companies
Indoor tanning tax
Medicine cabinet tax (special taxes on bandages, hearing aids, etc.)
Individual mandate tax (pay the penalty tax or you could go to jail). By the way, Nancy Pelosi is all for someone going to jail if they don’t pay the penalty.
Tax on health insurers
Excise tax on Cadillac health plans
Special needs kids tax (a travesty for families and parents who have special needs kids)
Raise in medical itemized deductions (senior citizens and the chronically ill will be particularly hit hard on this in 2016)
Surtax on investment income
Blue Cross/ Blue Shield tax hike
Please feel free to read online all these “no new taxes” President Obama told us would never happen on his watch, and ask yourself if you feel comfortable knowing he will keep his pledge another four years of “no new taxes.”
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