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Five New ObamaCare Taxes Coming January 1

rmt5 in MA Wrote: Nov 28, 2012 8:56 AM
Five new taxes in January, more to come in 2014. Oh, what a wonderful time it is for those who want oppression! It just keeps coming. With Obama and the Dems in charge, the spigot is ever flowing.

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...