Comprehensive List of Tax Hikes in Obamacare

The following list of tax hikes comes from the Americans for Tax Reform (ATR) website:

• Individual Mandate Excise Tax
• Employer Mandate Tax
• Surtax on Investment Income
• Excise Tax on Comprehensive Health Insurance Plans
• Hike in Medicare Payroll Tax
• Medicine Cabinet Tax
• HSA Withdrawal Tax Hike
• Flexible Spending Account Cap – aka “Special Needs Kids Tax”
• Tax on Medical Device Manufacturers
• Raise "Haircut" for Medical Itemized Deduction from 7.5% to 10% of AGI
• Tax on Indoor Tanning Services
• Elimination of tax deduction for employer-provided retirement Rx drug coverage in coordination with Medicare Part D
• Blue Cross/Blue Shield Tax Hike
• Excise Tax on Charitable Hospitals
• Tax on Innovator Drug Companies
• Tax on Health Insurers
• $500,000 Annual Executive Compensation Limit for Health Insurance Executives
• Employer Reporting of Insurance on W-2
• Corporate 1099-MISC Information Reporting
• “Black liquor” tax hike. This is a tax increase on a type of bio-fuel.
• Codification of the “economic substance doctrine”

Wow, that’s a lot of tax increases! As Will Rogers might have said, The Left never met a tax increase they did not like. Man I hope Obamacare gets repealed. You can read more info about the tax increases at the ATR web page.