In response to:

Five New ObamaCare Taxes Coming January 1

Frank1802 Wrote: Nov 28, 2012 10:22 AM
The Democrats like all Left wing Parties world wide claim to be fighting for the poor, the disadvantaged and the elderly, yet everything they do actually harms these groups. The proposed Tax increase actually takes money OUT of the economy making investment less likely, and job creation almost nonexistent. Take the table above, many seniors depend on investment income to augment their income in retirement yet the measure above increases their tax burden by 200%.

Although some of the "fiscal cliff" taxes can be avoided through a deal made in Congress, new ObamaCare taxes are guaranteed to kick in on January 1, amounting to $268 billion tax hike. From Americans for Tax Reform:

The Obamacare Medical Device Tax a $20 billion tax increase:  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.  In addition to killing small business jobs and impacting research and...