Forty Three Billion Dollar Tax Increase

In case you are one of the few who love ObamaCare…

Image result for obamacare

You might be interested to know that millions of others DON”T like it too much.

They don’t like the huge increases in health insurance premiums.  They also don’t like the Billions of dollars in “penalty” taxes.  They remember the promise, “You can keep your own doctor”.  They remember the promise that every family would “Save $2,400.00 per year”.  Those are a few of the reasons they DON’T like it.

The first year “penalty” tax collected by the IRS totaled $1.7 Billion dollars.  That was 2014.  This year, the “penalty” tax is estimated to be a whopping $4 Billion dollars.  Estimates by the Congressional Budget Office show that $5 Billion dollars will be collected EACH YEAR from 2017-2024.

That totals over $43 Billion dollars.

Millions of Americans who simply can’t afford new, increased premiums for health care are paying “their fair share” of the $43 Billion dollar tax.  Thank you Barack Obama.  Thank you Democrat party.  Thank you ineffective Republicans.

Some Republicans in Congress have worked to end this nightmare.  A genuine thank you to them.  Sen. Tom Cotton (R., Ark.) is one of those.  He summed it up perfectly when he said,  “Obamacare penalizes taxpayers who can no longer afford insurance that Obamacare made unaffordable.”

The Washington Free Beacon published an informative article on this “penalty” tax.

If you are one of the people who likes the $43 Billion dollar tax increase and the huge increases in health insurance premiums…

… You will certainly want to vote for Hillary Clinton.

***Gordon Howie is an author and CEO of Life and Liberty Media***

Gordon“It’s not about right or left, it’s about Right or Wrong.”

Follow me on Twitter   Gordon Howie @GordonHowieSD

 “friend” me on facebook for daily updates

See more about Texas Longhorn Cattle, Real Estate, Music and Politics at www.ghowie.com

Our mission is to promote Conservative Christian principles, help the hurting and provide truth and information to a lost and dying world.

Share

1 comment for “Forty Three Billion Dollar Tax Increase

  1. Scott Bartlett
    October 3, 2016 at 8:40 am

    Great Article Gordon! We need to work together to get rid of this Monster that will not get out of our back pocket until we starve to death

Leave a Reply

Your email address will not be published. Required fields are marked *