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ObamaCare Nightmare: $1 Trillion in New Taxes

Chasssooo Wrote: Jul 28, 2012 10:51 AM
Another day another lie from our fearless leader.

It's been a month since the Supreme Court ruled ObamaCare constitutional as a tax and now the CBO is out with new numbers showing the government takeover of the healthcare system calls for $1 trillion in new taxes. Joel Gehrke has the numbers:

The individual mandate — which the CBO calls a “penalty tax,” in apparent deference to Chief Justice John Roberts — will produce $55 billion in “penalty payments by uninsured individuals,” the CBO told House Speaker John Boehner, R-Ohio, in a Tuesday letter. Of course, the framers of the law didn’t design the mandate...