New Obamacare taxes to begin in 2014

 Happy New Year, the taxman cometh. Included in Obamacare are several new hidden taxes (disguised as fees) which insurance companies are naturally going to pass on to the consumers.

The cost of President Obama’s massive health-care law will hit Americans in 2014 as new taxes pile up on their insurance premiums and on their income-tax bills.

Most insurers aren’t advertising the ObamaCare taxes that are added on to premiums, opting instead to discretely pass them on to customers while quietly lobbying lawmakers for a break.

  Here is a list of some of these new taxes:

The new taxes and fees include a 2 percent levy on every health plan, which is expected to net about $8 billion for the government in 2014 and increase to $14.3 billion in 2018.

There’s also a $2 fee per policy that goes into a new medical-research trust fund called the Patient Centered Outcomes Research Institute.

Insurers pay a 3.5 percent user fee to sell medical plans on the HealthCare.gov Web site.

    On top of these new taxes are more fees which are not included in the price of the premiums which will also end up being paid by the consumer:

 2.3 percent medical-device tax that will inflate the cost of items such as pacemakers, stents and prosthetic limbs.

Those with high out-of-pocket medical expenses also will get smaller income-tax deductions.

Americans are currently allowed to deduct expenses that exceed 7.5 percent of their annual income. The threshold jumps to 10 percent under ObamaCare, costing taxpayers about $15 billion over 10 years.

Then there’s the new Medicare tax.

  And all of this comes on top of the rising premiums people will be paying in order for the insurance companies to provide mandated coverage which many Americans do not need.

  The Obama regime is defending these increases by claiming that lower income families will receive subsidies which more than covers the increased costs, but what about the Middle Class? The rich can easily absorb these new costs and the poor are getting government assistance while the Middle Class gets screwed again.

  These new taxes might only amount to roughly $300 a year (not including the rate hikes due to the mandated coverage) but that is not the point. This is all coming from the self-proclaimed Middle Class warrior who promised to spend every waking moment of every day fighting for the Middle Class and yet we are the only ones who will be affected by these increases.  And if I am not mistaken didn’t Barack Obama promise that under his healthcare plan Americans making under $200,000 would not see their taxes increase even one dime?

  Yet another broken promise, what else is new?