(Americans for Tax Reform) — “Some things” means uninsured families, medical devices, workplace flex accounts, small businesses, and are just a few examples on the list.
During his Tuesday remarks at the Clinton Global Initiative, President Obama admitted that his health care law raises taxes: “So what we did — it’s paid for by a combination of things. We did raise taxes on some things.”
“Some things” is an understatement. Below is just a partial list of Obamacare’s new or higher taxes on Americans:
Starting in tax year 2013:
Obamacare Medical Device Tax: 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 development budgets, this will make everything from pacemakers to artificial hips more expensive.