The Heritage Foundation has a useful graphic showing the tax increases associated with ObamaCare, HR 3590, the so-called “Patient Protection and Affordable Care Act.” It’s from a new report titled Obamacare: Impact on Taxpayers. Here’s the abstract:
The hodgepodge of new taxes that have already or will soon take effect as a result of the Patient Protection and Affordable Care Act may not all show up in the income tax tables, but their huge cost is still very real. This cost will become most apparent in lost wages and international competitiveness, and it reduces middle- and low-income families’ wages just as surely as an income tax hike would. These taxes break President Barack Obama’s promise not to raise taxes on families making less than $250,000 per year.
And the chart:
(via Linda Gorman)
