ObamaCare-Related Tax Increases

Healthcare,Taxation

            

For the much-maligned “rich” earning between $200,000 and $250,000, the tax burden of ObamaCare over the next 10 years will be $38,200.66.

“Fox News Taxpayer Calculator breaks down the tax burden over the next 10 years by income level: If you make under $15,000: it’s just over $59.00. If you make between $50,000 and $100,000, it’s $6,069.90.”

“A wealth-transfer program with health insurance attached,” is how Cato Institute Senior Fellow Michael Tanner looks at it.

Like all taxes, Zero Care is plain theft.