How Much Obamacare Costs the Average Family

(In theory, it is the insurance companies that have to pay the tax, but the Senate Finance Committee “assumes” that they will pass the tax along to their policyholders).

These costs make a mockery of Obama’s oft-repeated pledge to avoid any tax increase that would impact those making under $250,000 a year. He finances about half of his health care plan on the backs of the elderly by cutting Medicare and inducing scarcity and the other half by premium taxes and insurance purchasing mandates on the middle and lower middle class.