Comprehensive List of Tax Hikes in Obamacare

Codification of the “economic substance doctrine”(Tax hike of $4.5 billion). This provision allows the IRS to disallow completely-legal tax deductions and other legal tax-minimizing plans just because the IRS deems that the action lacks “substance” and is merely intended to reduce taxes owed.

Wow....:eek:
 
Thanks for posting this zoom. That's an outrageous tax on investment dividends. There won't be any jobs any time soon.
 
ObamaCare is the penultimate power shift from Congress to the Regulatory Bureaucracy.

The HHS Secretary has the power to deem and determine hundreds of rulings. The taxes are just the tip of the iceberg of the Rule of Whim.
 
The house will repeal it next week. Then they need to continue to repeal it every month. Keep it in the forefront of the agenda. Until we can get it repealed we need to defund and dismantle it piece by piece.
 
Indeed. The most important item on the House Agenda is to keep ObamaCare from being implemented.
 
Thanks for posting this zoom. That's an outrageous tax on investment dividends. There won't be any jobs any time soon.

But illegals don't have to pay a fine if they don't get health insurance so . . . . it's all good!


Exemptions for religious objectors, undocumented immigrants, prisoners, those earning less than the poverty line, members of Indian tribes, and hardship cases (determined by HHS)

What a liar he is. He promised no tax increseas on those making less than 250 grand. fancy that shit.
 
Codification of the “economic substance doctrine”(Tax hike of $4.5 billion). This provision allows the IRS to disallow completely-legal tax deductions and other legal tax-minimizing plans just because the IRS deems that the action lacks “substance” and is merely intended to reduce taxes owed.

Wow....:eek:


WOW is right.

We the people are gonna get screwed big time.

Wonder what other tax hikes are in this thing??


Wheres all the lefties who are defending the piece of shit bill??
 
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And in this months Legion News we are told that Military Retirees who are on Medicare (Because the law says we have to) and Tricare as a secondary could end up paying an additional $3000 a year out of pocket.
 

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