Friday, June 29, 2012

Obamacare's Hidden Taxes

Investors Business Daily Op-Ed:
"Taxation: The high bench has confirmed that ObamaCare's individual mandate is a massive tax on the American middle class. But let's not forget the 20 other new taxes that are embedded in the law.

Though President Obama never sold it as a tax hike, the Supreme Court ruled the mandate is exactly that. Unfortunately, the majority argued it's legal under Congress' taxing authority. Forcing citizens to buy health insurance "is absolutely not a tax increase," Obama insisted in 2009."