Taxes Under Democrat Health Bill

Had enough America?

 Via Americans for Tax Reform here's a list of new taxes under the House Bill.

 Two catch my eye as particulary disturbing.

 "Excise Tax on Medical Devices (Page 339): Imposes a new excise tax on medical device manufacturers equal to 2.5 percent of the wholesale price. It excludes retail sales and unspecified medical devices sold to the general public."

So what does Pelosi and the democrats have against the disabled? Sure enough the cost of certain medical devices will increase as manufacturers will pass the cost of devices to the consumer. Then there is this one. 

"Cap on FSAs (Page 325): FSAs would face an annual cap of $2500 (currently uncapped). Increased Additional Tax on Non-Qualified HSA Distributions (Page 326): Non-qualified distributions from HSAs would face an additional tax of 20 percent (current law is 10 percent). This disadvantages HSAs relative to other tax-free accounts (e.g. IRAs, 401(k)s, 529 plans, etc.)"

 FSA's have proven thus far to be the greatest savings on healthcare to date. This only proves that the democrats don't want Americans controlling their own spending on healthcare and instead want to control that choice themselves.

PS:  Under the Pelosi's public options elective abortions are covered, that being by our tax dollars.

Again, had enough America?

October 29, 2009 Tags : Healthcare

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