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 Since taking office, President Barack Obama has signed into law twenty-one new or higher taxes

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PostSubject: Since taking office, President Barack Obama has signed into law twenty-one new or higher taxes   Fri Sep 09, 2011 9:29 am

Since taking office, President Barack Obama has signed into law twenty-one new or higher taxes:
1. A 156 percent increase in the federal excise tax on tobacco
2. Obamacare Individual Mandate Excise Tax
3. Obamacare Employer Mandate Tax
4. Obamacare Surtax on Investment Income
5. Obamacare Excise Tax on Comprehensive Health Insurance Plans
6. Obamacare Hike in Medicare Payroll Tax
7. Obamacare Medicine Cabinet Tax
8. Obamacare HSA Withdrawal Tax Hike
9. Obamacare Flexible Spending Account Cap – aka “Special Needs Kids Tax”
10. Obamacare Tax on Medical Device Manufacturers
11. Obamacare “Haircut” for Medical Itemized Deduction from 7.5% to 10% of AGI
12. Obamacare Tax on Indoor Tanning Services
13. Obamacare elimination of tax deduction for employer-provided retirement Rx drug coverage in coordination with Medicare Part D
14. Obamacare Blue Cross/Blue Shield Tax Hike
15. Obamacare Excise Tax on Charitable Hospitals
16. Obamacare Tax on Innovator Drug Companies
17. Obamacare Tax on Health Insurers
18. Obamacare $500,000 Annual Executive Compensation Limit for Health Insurance Executives
19. Obamacare Employer Reporting of Insurance on W-2
20. Obamacare “Black liquor” tax hike
21. Obamacare Codification of the “economic substance doctrine”

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Since taking office, President Barack Obama has signed into law twenty-one new or higher taxes
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