Congressman John Fleming has the numbers for you.
FLEMING HEALTH CARE REFORM UPDATE
Guess how many taxes are in this bill??!!
As a citizen concerned about our nation’s health care system, I thought you’d like to know that the health care bill being rammed through the House contains 10 years worth of tax increases to pay for only 6 years worth of benefits. These taxes total $500 billion dollars over 10 years. Many of these taxes will affect Americans earning less than $200,000 a year, despite the President’s promise to avoid such taxes.
Here are just a few of the taxes contained in the bill:
- $750 penalty per worker charged to employers who fail to provide government-sanctioned health insurance
- Tax on brand name drugs—totaling $2.3 billion
- Increased penalty for early withdrawal from your HSA (from 10% to 20%)
- Tax on medical devices—totaling $19.2 billion
- 10% tax on indoor tanning services
WHAT THIS MEANS FOR YOU: Some of these taxes may affect you directly. Others, like the employer mandate, will cost our economy desperately needed jobs. Others will have ripple effects through the system that will raise prices for everyone.
THE DOCTOR'S DIAGNOSIS: America needs common sense health reform, not job-killing taxes. Future Congresses will be under pressure to raise taxes even further to pay for future years of an expanded government-administered health care system.
As this process unfolds, I will continue to work to represent you, bring common-sense to this debate, expose abuses of power and do all I can to prevent bad policy from becoming law.
Sincerely,
JOHN FLEMING, M.D.
Member of Congress
P.S. If you’d like more information, please visit my website at Fleming.House.Gov or follow me onFacebook and Twitter.
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