Some Obamacare Taxes to look forward to.

[Techmomof2]

On top of increased premiums and deductibles, plus once we have immigration 'reform', tens of millions more will be eligible. I've seen estimates that 40% will get their healthcare free. Those are the people who will overuse it, show up and demand to be seen for every little ailment and entitlement. Well, it really isn't free, taxpayers will foot the bill for the unproductive. Yes it is a massive transfer of wealth.

http://www.heritage.org/research/report ... he-economy

The Patient Protection and Affordable Care Act (PPACA)[1] imposes numerous tax hikes that transfer more than $500 billion over 10 years—and more in the future—from hardworking American families and businesses to Congress for spending on new entitlements and subsidies. In addition, higher tax rates on working and investing will discourage economic growth both now and in the future, further lowering the standard of living.

Summary

PPACA[2] contains 18 separate tax increases that will cost taxpayers $503 billion between 2010 and 2019.[3] Three major tax hikes make up nearly half of the new revenue raised by PPACA:

Section 1401 imposes a 40 percent excise tax on “Cadillac” health insurance plans. This new tax will apply to health plans valued in excess of $10,200 for individuals and $27,500 for families. Those thresholds will grow annually by inflation plus 1 percent. The tax takes effect in 2018 and is projected to raise $32 billion by 2019.

Section 1411 increases the Medicare Hospital Insurance (HI) portion of the payroll tax. This provision will increase the employee’s portion from 1.45 percent to 2.35 percent for families making more than $250,000 a year (and for individuals making more than $200,000). Combined with the employer’s portion, the total rate will be 3.8 percent on every dollar of income over $250,000 when the tax hike takes effect in 2013.

Section 1411 also imposes a new payroll tax on investment. This tax provision applies the new higher 3.8 percent Medicare tax to investment income—including capital gains, dividends, rents, and royalties—and is scheduled to become effective in 2013. Together, the Medicare tax hikes will raise $210 billion between 2013 and 2019.

Table 1 lists all of the tax increases in PPACA. (click on above link)