Tag Archive: Obamacare Trillions – Socialism at Work

on March 11, 2014 in Right Edition

Obamacare Trillions – Socialism at Work

Obamacare Trillions – Socialism at Work Obamacare contains twenty new or higher taxes. Five of the taxes hit for the first time on January 1. In total, Americans face a net $1 trillion tax hike for the years 2013-2022, according to the Congressional Budget Office. The five major Obamacare taxes taking effect on January 1 are as follows: The Obamacare Medical Device Tax: 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…. View Article

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