From John Kartch
Americans for Tax Reform, [1]
Americans for Tax Reform today released the following “By the Numbers” breakdown of ObamaCare:
– The number of new tax increases in the healthcare bill: 19
– The number of tax increases that unquestionably violate President Obama’s “firm pledge” not to raise “any form” of taxes on families making less than $250,000: 7
– The tax increase over the first decade if the healthcare bill becomes law: $497 billion
– The top federal tax rate on wages and self-employment earnings under this bill: 43.4%
– The annual tax hike for every man, woman, and child in America: $165
– The top federal tax rate on early distributions from HSAs under this bill: 59.6%
– The most parents of special-needs kids can save tax-free for tuition in FSAs (currently, the amount is unlimited): $2500