30 Dec

An Obama Happy New Year … Fiscal Cliff or Not Americans Face $1 Trillion Obamacare Tax Hike Hitting on January 1, 2013

Scared Monkeys:

America, get ready for the tax hikes on everyone that you voted in when Barack Obama won reelection. Thanks to that misguided and uninformed election Americans now face a $1 trillion Obamacare tax hike beginning January 1, 2013 … Happy New Year. So you thought that by participating in Obama’s class warfare against the so called rich would not effect you, eh? Think again … it all trickles down. All these Obamacare taxes and Obamacare still does nothing what it originally claimed to do.

$ 1 Trillion !!!

On January 1, regardless of the outcome of fiscal cliff negotiations, Americans will be hit with a $1 trillion Obamacare tax hike.

Obamacare contains twenty new or higher taxes. Five of the taxes hit for the first time on January 1. In total, Americans face a net $1 trillion tax hike for the years 2013-2022, according to the Congressional Budget Office.

The five major Obamacare taxes taking effect on January 1 are as follows: (full pdf doc can be read HERE)

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About Curt

Curt served in the Marine Corps for four years and has been a law enforcement officer in Los Angeles for the last 20 years.

2 Responses to An Obama Happy New Year … Fiscal Cliff or Not Americans Face $1 Trillion Obamacare Tax Hike Hitting on January 1, 2013

  1. Nan G says: 1

    The House Committee on Ways and Means has compiled an estimate of the total amount of hours it will take to comply with the tax rules. The bottom line: 79,229,503 hours.

    For instance:

    1545-2198 Form 8941 – Credit for Small Employer Health Insurance Premiums 40,189,456 hours/year.

    1545-0047 Return of Organization Exempt From Income Tax Under Section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code 25,766,156 hours/year.

    1545-0895 Form 3800, General Business Credit 5,307,500 hours/year.

    http://waysandmeans.house.gov/news/documentsingle.aspx?DocumentID=307916

    Job killing hours doing nothing more than complying with Obama.
    Productivity will tank.

    ReplyReply
  2. he is arrogantly spitting on CONGRESS AND REPUBLICANS WHO WANT HIM TO CUT ON HIS OWN SPENDING SPREE HE REFUSE TO TALK ABOUT,
    HE use the people his followers, only,which mean not the people who understand the odds, but only those who believe what he say, they are being fooled again, and they applaud to it,
    oh my don’t they know the country has a spending problem
    nothing else

    ReplyReply

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