Tipsheet

Obamacare: By the Numbers

Americans for Tax Reform today released the following “By the Numbers” breakdown of ObamaCare:

19  the number of new tax increases in the health care bill

7  the number of tax increases that violate President Obama’s “firm pledge” not to raise “any form” of taxes on families making less than $250,000

$497 billion  the tax increase the first decade if the health care bill becomes law

43.4%  the top federal tax rate on wages and self-employment earnings under this bill

$165  the annual tax hike for every man, woman, and child in America

59.6%  the top federal tax rate on early distributions from HSAs under this bill

$2500  the most parents of special-needs kids can save tax-free for tuition in FSAs