Obama Care Facts
Here are some disturbing facts about the "healthcare reform" law known as Obamacare. These facts are mostly taken from MAIN STREAM news outlets like CNN and the NY Times however we'd like to thank CS monitor for thieir diligent efforts and contribution. MORE SPENDING & MORE TAXES $940 billion: The estimated cost of health care reform over the next 10 years. 40% Tax: A 40 percent tax would be imposed on insurance companies providing “Cadillac” health plans valued at more than $10,200 for individuals and $27,500 for families. The tax would kick in starting in 2018. 3.8% Medicare Tax: A 3.8% surcharge would be imposed on investment income -- INCLUDING HOME SALE -- for individuals making over $200,000 and couples making over $250,000. This tax increase is estimated to bring in $210 billion between 2013 and 2019. $695 or 2.5%: The potential amount of a fine if you fail to purchase health care insurance. Starting in 2016, Individuals would be required to purchase cov...