Wehrwolfen
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Democrats $1 Trillion Obamacare Tax Hike to Hit American Producers on January 1
by Jim Hoft
December 29, 2012
Back in October Joe Biden warned America that the Obama Administration was going to raise taxes by a trillion dollars.
He wasnt kidding.
On January 1, 2013 American producers can expect a trillion dollar Obamacare tax hike.
Americans for Tax Reform reported:
[ame=http://www.youtube.com/watch?v=dKKqn87rvco]Joe Biden: Yes We Do Want to Raise Taxes By a Trillion Dollars - YouTube[/ame]
On January 1, regardless of the outcome of fiscal cliff negotiations, Americans will be hit with a $1 trillion Obamacare tax hike.
Obamacare contains twenty new or higher taxes. Five of the taxes hit for the first time on January 1. In total, for the years 2013-2022, Americans face a net $1 trillion tax hike for the years 2013-2022, according to the Congressional Budget Office.
Read more:
http://www.thegatewaypundit.com/2012/12/democrats-1-trillion-obamacare-tax-hike-to-hit-american-producers-on-january-1/