Alan Caruba: The Liar's Tax ...."Among the many new taxes buried in the 2000-plus pages of Obamacare, there’s a 2.3% excise tax on U.S. sales of medical devices that observers believe would prove to be a $20 billion blow to an industry that employs an estimated 400,000.
"There’s a 3.6% surtax on investment income from capital gains and dividends on those earning more than $250,000. "Obamacare imposes a $50,000 excise tax on charitable hospitals that fail to meet new “community health assessment needs”, whatever they are."There’s a $2.6 billion-a-year tax on drug companies. A 10% excise tax on indoor tanning salons. An $87 billion hike in Medicare payroll taxes for employees, as well as the self-employed. "Between now and November voters are going to be reminded that Obama promised to fix the economy and then spent the first two years getting Obamacare through Congress. No Republican voted for it and, in 2010, voters replaced some sixty representatives and senators with Republicans.".... More in the article.
Mr. Caruba links to this Wall Street Journal column which states:
In upholding the Affordable Care Act, the Supreme Court has allowed the president and Congress to put the country's health policy on a path that will restrict individual choices, stifle innovation and sharply increase health-care costs. Now the only recourse is to repeal the law through the legislative process and replace it with policies that rely on the power of the markets.
But the task will be daunting. First, Republicans must take the White House, then get sixty votes in the Senate and a simple majority in the House.
We must then get over a mountain of demagoguery in the media: entertainment TV, liberal news sources, academia, permanent- victim industries (Big Victimhood?) who claim oppression and a host of protest groups with no other commitments in their lives than to occupy and party.
And this would all have to be led by a president who passed the same program in his home state that he is now wanting to repeal nationally.
We must then get over a mountain of demagoguery in the media: entertainment TV, liberal news sources, academia, permanent- victim industries (Big Victimhood?) who claim oppression and a host of protest groups with no other commitments in their lives than to occupy and party.
And this would all have to be led by a president who passed the same program in his home state that he is now wanting to repeal nationally.
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