ObamaCare - - The Truth About Mitchell's VoteHarry Mitchell and his liberal cronies in Washington really want you to believe that their healthcare takeover is good for America.
Here is a very informative table from the Heritage Foundation that shows you the higher taxes that you and your family will be paying because of Mitchell’s YES vote.
These taxes apply to everyone regardless of income.
|President Obama signed...||Reconciliation Act of 2010...|
|New Tax on Medical Devices||$2 billion annually starting in 2010; $3 billion annually after 2017||2.9% of sales starting in 2013|
|New Tax on Prescription Drugs||$2.3 billion annually starting in 2010||$4.8 billion annually starting in 2011|
|New Tax on Health Insurance||$2 billion in 2011, $4 billion in 2010, $7 billion in 2017 and after||Delayed until 2014 with 50% discount for non-profits; total amounts modified "for revenue neutrality"|
|"Cadillac Tax" on High-premium Health Plans||40% of amount over threshold, regardless of the income of the policy holder||Same, but with higher thresholds|
|Threshold for Medical Expense Deduction from Income Tax||Threshold raised from 7.5% of income to 10% of income, regardless of tax bracket; a tax increase on everyone with medical expensed over 7.5% of AGI||Same|
|Tax on Having Employees from Low-Income Families||$3,000 per employee (applies only to employers who DO provide insurance)||Same|
Here is an illustration that you can share with your friends... Spread the word!
(HT to Heritage Foundation)