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ObamaCare Nightmare: $1 Trillion in New Taxes

rjohnston Wrote: Jul 27, 2012 5:44 PM
Roberts gave us a clear choice, ACA and more taxes or abolish ACA in November. He is leaving it up to the voters to decide. Romney, no ACA, no tax increase, Obama., tax increase. You decide.

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...