Senate Bill Abolishes Obamacare’s Middle Class Taxes

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Posted by Alex Hendrie on Thursday, June 22nd, 2017, 10:52 AM PERMALINK

The Senate’s Obamacare repeal bill abolishes the many middle class taxes that were imposed by President Obama and the Democrat party in 2010. Obama promised repeatedly that he would never raise any form of tax on any household making less than $250,000 per year.

He lied.

Although you’ll never hear it from the establishment media, the Senate’s Obamacare repeal bill:

  • Abolishes the Obamacare Individual Mandate Tax which hits 8 million Americans each year.
  • Abolishes the Obamacare Employer Mandate Tax.
  • Abolishes Obamacare’s Medicine Cabinet Tax which hits the 20 million Americans with Health Savings Accounts and the 30 million Americans with Flexible Spending Accounts.
  • Abolishes Obamacare’s Flexible Spending Account tax on 30 million Americans.
  • Abolishes Obamacare’s Chronic Care Tax on 10 million Americans with high out of pocket medical expenses. This Obamacare tax imposed higher income taxes on households making an average of $53,000 per year.
  • Abolishes Obamacare’s HSA withdrawal tax.
  • Abolishes Obamacare’s 10% excise tax on small businesses with indoor tanning services.
  • Abolishes the Obamacare health insurance tax.
  • Abolishes the Obamacare 3.8% surtax on investment income.
  • Abolishes the Obamacare medical device tax.
  • Abolishes the Obamacare tax on prescription medicine.
  • Abolishes the Obamacare tax on retiree prescription drug coverage.

“Obamacare promised to reduce individual insurance premiums – a lot. Premiums rose – a lot,” said Grover Norquist, president of Americans for Tax Reform. Obama promised no tax hikes on anyone earning less than $250,000 – that was a lie. Taxes increased. Healthcare costs increased. Obamacare failed. By its own promised goals, it failed. It is time to repeal failure and reform healthcare to protect consumers, not bureaucracy.”

Photo credit: Sam Bowman

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