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The Tax Burden of Obamacare

Gordon242 Wrote: Jul 24, 2012 11:12 AM
$ 500 BILLION REMOVED FROM MEDICARE by OBAMA to SUBSIDIZE OBAMACARE . $ 500 BILLION REMOVED FROM MEDICARE by OBAMA to SUBSIDIZE OBAMACARE . $ 500 BILLION REMOVED FROM MEDICARE by OBAMA to SUBSIDIZE OBAMACARE . $ 500 BILLION REMOVED FROM MEDICARE by OBAMA to SUBSIDIZE OBAMACARE . $ 500 BILLION REMOVED FROM MEDICARE by OBAMA to SUBSIDIZE OBAMACARE . $ 500 BILLION REMOVED FROM MEDICARE by OBAMA to SUBSIDIZE OBAMACARE . $ 500 BILLION REMOVED FROM MEDICARE by OBAMA to SUBSIDIZE OBAMACARE . $ 500 BILLION REMOVED FROM MEDICARE by OBAMA to SUBSIDIZE OBAMACARE

Upon which income earners will fall the greatest burden of paying the greatest tax burden from the Patient Protection and Affordable Care Act (aka "ObamaCare")?

To find out, we tapped our detailed income distribution data for individuals for the year 2010, the most recent year for which it is available (the data for 2011 will be published in September 2012). We then took Henry Blodget's description of how ObamaCare's mandate penalty tax is calculated, then multiplied the amount of tax that would have to be paid for a given level of...

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