Beyond the Immediate Cost What Extra Taxes is ObamaCare Going to Add?

Below lists just two Obamacare taxes among many that will hit working middle class families hard.  Last I checked I did not vote or support these.  Along with the massive increase in the cost of healthcare these two provisions penalize working Americans.  When will Americans wake up and protest this bill and force their representatives to repeal it?

If you have a Flexible Spending Account, over the counter medicines will no longer be eligible.  This means that if you previously spent $500 per year in over the counter medicines pre-tax you saved $150 to $200 a year in taxes.  That saving is now gone.

The Flexible Spending Account (FSA) Cap limits what you can put into a flexible spending account to $2,500 per year.  It is common for families to run their health insurance premiums through these plans.  For our family this year the cost would be a cost of an extra $1,475 in federal taxes.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s