EDITORIAL: Obamacare's tax hikes

[Chris_]

EDITORIAL: Obamacare's tax hikes

Please check out page 203 of the main House version of health care reform. It contains all the evidence you need that the entire bill is a nasty bait-and-switch.

"The tax imposed under this section shall not be treated as tax imposed by this chapter. ..."

Yes, it really says that. The tax shall not be considered a tax. Or at least not "... for purposes of determining the amount of any credit under this chapter or for purposes of Section 55."

Gee, that really clears things up. It is especially helpful to know that the bill itself does not even contain a Section 55; the bill begins with a section numbered 101. (Section 55 apparently refers to the Internal Revenue Code, which it wouldn't do if the health care bill were not a tax bill, too.)

The bill does contain new taxes -- plenty of them. Pages 167 and 168 impose an income tax of 2.5 percent on any individual who chooses not to buy government-approved health insurance. Pages 149-150 impose a tax of between 2 percent and 8 percent on the payrolls of all companies whose payrolls exceed $250,000. Pages 197 and 198 outline income tax surcharges to be imposed on individuals with incomes over $350,000, rising to a highest surcharge of 5.4 percent.

Caution.  Further reading will raise your blood pressure.

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[NHSparky]

Reported.  Obama's "civilian security forces" will be dealing with you shortly.

[Chris_]

Reported.  Obama's "civilian security forces" will be dealing with you shortly.

They'll never catch me.