ObamaCare Oppresive Taxes Gone

HR 1628 passed in the House today! Finally, a start at dismantling the disasterous Obamacare health plan.

This now moves to the Senate… contact your state’s senators to push this bill through to President Trump’s desk for final approval!

From Americans for Tax Reform web site - the list of repealed Obamacare oppressive taxes - 1 Trillion Dollars in mandates are gone!

-Abolishes the Obamacare Individual Mandate Tax which hits 8 million Americans each year.

-Abolishes the Obamacare Employer Mandate Tax. Together with repeal of the Individual Mandate Tax repeal this is a $270 billion tax cut.

-Abolishes Obamacare’s Medicine Cabinet Tax which hits 20 million Americans with Health Savings Accounts and 30 million Americans with Flexible Spending Accounts. This is a $6 billion tax cut.

-Abolishes Obamacare’s Flexible Spending Account tax on 30 million Americans. This is a $20 billion tax cut.

-Abolishes Obamacare’s Chronic Care Tax on 10 million Americans with high out of pocket medical expenses. This is a $126 billion tax cut.

-Abolishes Obamacare’s HSA withdrawal tax. This is a $100 million tax cut.

-Abolishes Obamacare’s 10% excise tax on small businesses with indoor tanning services. This is a $600 million tax cut.

-Abolishes the Obamacare health insurance tax. This is a $145 billion tax cut.

-Abolishes the Obamacare 3.8% surtax on investment income. This is a $172 billion tax cut.

-Abolishes the Obamacare medical device tax. This is a $20 billion tax cut.

-Abolishes the Obamacare tax on prescription medicine. This is a $28 billion tax cut.

-Abolishes the Obamacare tax on retiree prescription drug coverage. This is a $2 billion tax cut.

Read more: http://www.atr.org/list-obamacare-taxes-repealed#ixzz4gAIe5GQw
Follow us: @taxreformer on Twitter

This is a trillion dollars that will stay in all of our pockets, not being available for Washington’s (i.e., the Democrats) social engineering idiocrasy.