In response to:

World Begins to Heal with Taxes on Rich January 1st

SpaceVegetable Wrote: Dec 11, 2012 2:11 PM
O-Bysmal-Care drops the cap on flexible spending accounts to $2500 and prevents you from using those of HSA accounts to buy over-the-counter medications (You used to be able to). In addition, they've raised the floor for medical expense tax deductions from 7.5% of income to 10% of income. Isn't it nice how all those things will hurt the people O-Bominable-Care claims to be helping? You know, people who need to use and spend a lot on health care? Thanks a bunch, Obama. This stuff just increases the costs and the likelihood of financial problems for those who get ill or have chronic health conditions. And this isn't even counting the new medical device and drug development taxes.

The Age of Aquarius- long a goal for liberals- will begin in earnest on January 1st, 2013 when more of the planned tax increases on the wealthy created by Obamacare are implemented.

Here’s how it will work:

Finally, the low-down, dirty rich, who are responsible for all the world’s ills, including the short stature, pint-sized intellect and light caliber (pun intended) of Bob Costas, will start paying their fair share.

Time to cue the music from the play Hair:

“The 3.8% Net Investment Tax will be imposed against individuals, estates and trusts on their investment income,” croons TaxNews.com “and...