This afternoon, the United States Senate will be casting a series of votes on the Reid-Obama government health bill. One of these motions is sponsored by Senator Mike Crapo (R-Id.). His motion would specify that “no provision” in the legislation shall result in an increase in federal tax liability for families with incomes under $250,000 annually or individuals with incomes under $200,000.
The language of this motion is nothing more than putting into the bill what President Obama and many Congressional Democrats promised over and over again in 2008 to get elected: namely, that families making less than $250,000 would not see “any form” of tax increase.
The Reid-Obama government health bill contains many tax hikes on families making less than $250,000 per year. To name but a few, it imposes a new tax on anyone not purchasing qualifying health insurance, it taxes anyone with an HSA or FSA who wants to use tax-free dollars to purchase over-the-counter medicines, and it taxes families with special needs children who use FSAs to pay for special-needs tuition.
A list of all taxes in the bill that violate President Obama’s pledge and a timeline of this oft-repeated promise can be found on ATR’s website.