Deroy Murdock reminds us in his National Review column today that the Senate healthcare legislation creates 12 new taxes and hikes six existing taxes. Worse yet, seven of the Senate’s tax proposals directly violate Barack Obama’s pledge on taxes. Remember the one?
“If your family earns less than $250,000 a year, you will not see your taxes increased a single dime,” President Obama told Congress on February 24. “I repeat: Not a single dime.”
He repeated that pledge again and again to assure Americans that he wasn’t just another tax-and-spend liberal. And yet here’s the president supporting legislation that directly violates that repeated pledge no fewer than seven times.
$2.7 billion levy on indoor tanning salons that Reid imposed after ditching a plastic-surgery tax. He just as arbitrarily could tax haircuts, or heirloom tomatoes, or Hula Hoops. Why not a tax on guys named Harry?
Contrary to popular belief, cosmetic surgery and tanning salons aren’t activities reserved for the rich and famous. Seventy percent of those utilizing cosmetic surgery make less than $70,000 per year. Tanning salons are also a service regularly utilized by the middle class.
Result? Tax on those making less than $250,000 per year.
A $5 billion Medicine Cabinet Tax specifically permits insulin purchases but otherwise prohibits using money in Health Savings Accounts, Flexible Spending Accounts, or Health Reimbursement Accounts for non-prescription, over-the-counter medications. While diabetics thankfully are spared, how does this benefit those who use antacids or asthma inhalers?
It doesn’t.
Result? Tax on those making less than $250,000 per year.
A $15 billion individual mandate would force Americans to buy health insurance. In 2014, those without “qualifying” government-approved coverage would pay $495 or 0.5 percent of Adjusted Gross Income, whichever is higher. In 2016, that rises to 2 percent of AGI, or approximately $640 today.
Are we really to believe that only the rich don’t purchase government-approved health insurance? That would laughable on its face.
Result? Tax on those making less than $250,000 per year.
A $15.2 billion tax requires costs to reach 10 percent of AGI, up from 7.5 percent, before Americans may deduct itemized medical expenses.
In other words, your medical expenses need to reach 10% of your adjusted gross income before you can deduct them. That’s up from 7.5%.
Result? Higher taxes for those making less than $250,000 per year.
The list goes on and on, each new tax directly violating Barack Obama’s explicit pledge to not raise taxes for those making less than $250,000 per year. And yet, as I said before, Obama continues to support this legislation. He’s a liar.


by Stephan Tawney on December 24, 2009