I
am amused at the masses who actually think in their little
understanding minds that it is going to get better in America in 2014.
How sadly wrong they are! They have more new taxes coming at them than a
flock of birds. The masses are going to pay so many hidden taxes and fees
that they can hardly shake
a stick at all of them. The poor souls are now financially stretched
out to such an extent, they can hardly exist. Do you actually think
Marxist Communist Obama gives a tinkers damn? He does not! More
progressive Communist taxes and fees coming against the tired and
financially overburdened. I say to the masses, you wanted this Marxist
bum as your president .... well you got him, and he is already prepared
to throw each and every one of you under his bus. I suggest you share
this newly found knowledge of the oncoming taxes and fees with everyone
you can.
Dr. James P. Wickstrom
New ObamaCare fees coming in 2014
(In Part)-
Photo: AP Photo/Susan Walsh
WASHINGTON — Here comes the ObamaCare tax bill.
The cost of President Obama’s massive health-care law will hit
Americans in 2014 as new taxes pile up on their insurance premiums and
on their income-tax bills.
Most insurers aren’t advertising the ObamaCare taxes that are added
on to premiums, opting instead to discretely pass them on to customers
while quietly lobbying lawmakers for a break.
But one insurance company, Blue Cross Blue Shield of Alabama, laid
bare the taxes on its bills with a separate line item for “Affordable
Care Act Fees and Taxes.”
The new taxes on one customer’s bill added up to $23.14 a month, or
$277.68 annually, according to Kaiser Health News. It boosted the
monthly premium from $322.26 to $345.40 for that individual.
The new taxes and fees include a 2 percent levy on every health plan,
which is expected to net about $8 billion for the government in 2014
and increase to $14.3 billion in 2018.
There’s also a $2 fee per policy that goes into a new
medical-research trust fund called the Patient Centered Outcomes
Research Institute.
Insurers pay a 3.5 percent user fee to sell medical plans on the HealthCare.gov Web site.
ObamaCare supporters argue that federal subsidies for many low-income
Americans will not only cover the taxes, but pay a big chunk of the
premiums.
But ObamaCare taxes don’t stop with health-plan premiums.
Americans also will pay hidden taxes, such as the 2.3 percent
medical-device tax that will inflate the cost of items such as
pacemakers, stents and prosthetic limbs. Those with high out-of-pocket medical expenses also will get smaller income-tax deductions.
Americans are currently allowed to deduct expenses that exceed 7.5
percent of their annual income. The threshold jumps to 10 percent under
ObamaCare, costing taxpayers about $15 billion over 10 years.
Then there’s the new Medicare tax.
Under ObamaCare, individual tax filers earning more than $200,000 and
families earning more than $250,000 will pay an added 0.9 percent
Medicare surtax on top of the existing 1.45 percent Medicare payroll
tax. They’ll also pay an extra 3.8 percent Medicare tax on unearned
income, such as investment dividends, rental income and capital gains.
