Posted tagged ‘new tax on health insurance’

Health Care Law Adds Even More Taxes

March 27, 2010

The Heritage Foundation, Reconciliation Bill Adds Even More Taxes:

By signing the legislation, Obama already broke his campaign promise not to raise “any form” of taxes on families making less than $250,000 per year. The reconciliation bill adds even more taxes for Americans — an estimated $52.3 billion over 10 years, according to a new analysis from Americans for Tax Reform. … Heritage’s Robert Book, Guinevere Nell and Paul Winfree have been documenting these tax changes, noting how the legislation imposes new taxes on employers, the sick, and low-income and moderate-income workers.

Below is a table showing taxes that apply to everyone regardless of income.

Reconciliation Table