Americans for Tax Reform today released the following “By the Numbers” breakdown of ObamaCare:
The number of new tax increases in the healthcare bill: 19
The number of tax increases that unquestionably violate President Obama’s “firm pledge” not to raise “any form” of taxes on families making less than $250,000: 7
The tax increase over the first decade if the healthcare bill becomes law: $497 billion
The top federal tax rate on wages and self-employment earnings under this bill: 43.4%
The annual tax hike for every man, woman, and child in America: $165
The top federal tax rate on early distributions from HSAs under this bill: 59.6%
The most parents of special-needs kids can save tax-free for tuition in FSAs (currently, the amount is unlimited): $2500