Many of the Obamacare taxes are already in effect, others will hit January 1. But they are already infuriating millions of Americans. While even Obamacare detractors applaud the requirement that insurance companies cover pre-existing conditions and put a stop to lifetime caps on benefits, they say these laudable benefits dont compensate for the bills high cost - especially in new taxes. According to most experts, Obamacare will create a total of twenty new taxes or tax hikes on the American people. In fact, the Obama administration has already given the IRS an extra $500 million to enforce the rules and regulations of Obamacare. The new taxes dont bode well for millions of middle-class Americans. Incomes for the rich have soared this decade but middle class workers have seen their wages stagnate and even drop since the 2008 Great Recession.
Posted on: Wed, 16 Oct 2013 00:34:11 +0000
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