“Some 4 million individuals without insurance are expected to pay about $55 billion over eight years. Employers could be dinged an estimated $106 billion for failing to meet the mandate, which starts in 2014. But that mandate money, whether it’s called taxes or penalties, is overwhelmed by other taxes, fees and shrunken tax breaks in the law. These other levies could top $675 billion over the next 10 years. Other major taxes are aimed at the health care industry, and some of that cost is sure to be passed along to consumers as higher prices.”
http://news.yahoo.com/health-care-laws-tax-hikes-coming-pays-175130388.html?_esi=1
Related posts:
Man who taped police putting Eric Garner in chokehold arrested
Obama’s surveillance revisions omit limits on warrantless email searches
Onerous ATF rules threaten to put gun dealers out of business
Al-Jazeera set to tackle U.S. market with stories ignored by mainstream media
Justin Amash: NSA Has A Damaging Effect On Our Culture
Oklahoma native revolutionizing medical marijuana
Scientists plan to launch thousands of GM 'Frankenflies' into fields
Suspected meth lab turns out to be sweet maple syrup
Texas Gov. Rick Perry takes aim at Maryland to lure businesses
South Korean toddler gets first ever windpipe transplant
Army Vet: Police Raided Wrong Apartment, Found No Drugs, Killed His Dog
Johns Hopkins researchers reverse Down syndrome in mice
Obamacare To Increase Individual-Market Premiums By Average Of 41%
Pacific Group to Convert 1/3 of Hedge-Fund Assets to Gold
Fargo man charged with coin theft from UPS hub