Obamacare’s Tax Hike Train Wreck

April 30, 2013
The most destructive Obamacare tax increases are just around the bend

Asked about Senator Max Baucus’s (D-Mont.) recent “train wreck” comments, President Obama today said, “A huge chunk of it [Obamacare] has already been implemented.” Unmentioned was the wave of destructive Obamacare tax increases that will begin to hit Americans during the next tax filing season and beyond:

Starting in tax year 2013:

Obamacare Surtax on Investment Income: A new, 3.8 percent surtax on investment income earned in households making at least $250,000 ($200,000 single). This tax hike results in the following top tax rates on investment income:

MUCH MORE:  http://atr.org/obamacares-tax-hike-train-wreck-a7587#ixzz2S3GCx9cu