Beneath the propaganda and the well-crafted sound bites that are Sen. Harry Reid’s health care bill is the mention of "tax" 183 times. One Hundred and Eighty Three times!
As documented by Americans for Tax Reform, here are some of the tax proposals the tax-and-spend liberals have proposed for you:
– An Individual Mandate Tax (Sec. 1501/$8 billion);
– An Employer Mandate Tax (Sec. 1513/$28 billion),
– An Excise Tax on Comprehensive Health Insurance Plans (Sec. 9001/$149.1 billion);
– An Employer Reporting of Insurance on W-2 (Sec. 9002/Min$);
– A Medicine Cabinet Tax (Sec. 9003/$5 billion);
– An HSA Withdrawal Tax Hike (Sec. 9004/$1.3 billion);
– An FSA Cap (Sec. 9005/$14.6 billion);
– A Corporate 1099-MISC Information Reporting tax (Sec. 9006/$17.1 billion);
– an Excise Tax on Charitable Hospitals (Sec. 9007/Min$);
– A Tax on Innovator Drug Companies (Sec. 9008/$22.2 billion);
– A Tax of Medical Device Manufacturers (Sec. 9009/$19.3 billion);
– A Tax on Health Insurers (Sec. 9010/$60.4 billion);
– The bill seeks to Eliminate tax deduction for employer-provided retirement Rx drug coverage in coordination with Medicare Part D (Sec. 9012/$5.4 billion); – and to Raise "Haircut" for Medical Itemized Deduction from 7.5% to 10% of AGI (Sec. 9013/$15.2 billion);
– And sets a $500,000 Annual Executive Compensation Limit for Health Insurance Executives (Sec. 9014/$0.6 billion);
– While putting a Hike in the Medicare Payroll Tax (Sec. 9015/$53.8 billion);
– A Blue Cross/Blue Shield Tax Hike (Sec. 9016/$0.4 billion);
– And a Tax on Cosmetic Medical Procedures (Sec. 9017/$5.8 billion) …
… and on and on…