Top Five Worst Obamacare Taxes Coming in 2013

Of the twenty new or higher taxes in Obamacare, below are the five worst that will be foisted upon Americans for the first time on January 1, 2013.

Of the twenty new or higher taxes in Obamacare, below are the five worst that will be foisted upon Americans for the first time on January 1, 2013:

The Obamacare Medical Device Tax – a $20 billion tax increase: Medical device manufacturers employ 409,000 people in 12,000 plants across the country. Obamacare imposes a new 2.3 percent excise tax on gross sales – even if the company does not earn a profit in a given year. In addition to killing small business jobs and impacting research and development budgets, this will increase the cost of your health care – making everything from pacemakers to prosthetics more expensive.

The Obamacare “Special Needs Kids Tax” – a $13 billion tax increase: The 30-35 million Americans who use a Flexible Spending Account (FSA) at work to pay for their family’s basic medical needs will face a new government cap of $2,500 (currently the accounts are unlimited under federal law, though employers are allowed to set a cap).

There is one group of FSA owners for whom this new cap will be particularly cruel and onerous: parents of special needs children. There are several million families with special needs children in the United States, and many of them use FSAs to pay for special needs education. Tuition rates at one leading school that teaches special needs children in Washington, D.C. (National Child Research Center) can easily exceed $14,000 per year. Under tax rules, FSA dollars can be used to pay for this type of special needs education. This Obamacare tax provision will limit the options available to these families.

The Obamacare Surtax on Investment Income – a $123 billion tax increase: This is a new, 3.8 percentage point surtax on investment income earned in households making at least $250,000 ($200,000 single). This would result in the following top tax rates on investment income:

Read more here.

Cops to answer in court for ‘stoning’ of Christians

Hundreds of angry Muslims threw chunks of concrete and eggs at a team of Christians, spraying them with urine and cursing at them – all while police stood by and then threatened the victims with “disorderly conduct.”

Egypt? Saudi Arabia? Somalia?

No. Dearborn, Michigan.

So now a team of attorneys from the American Freedom Law Center is going to court on behalf of the victims of the violent Muslim mob at the Arab International Festival last June, an attack that was captured on video.

The federal civil rights complaint in the U.S. District Court for the Eastern District of Michigan names as defendants officials from the Wayne County sheriff’s office who “sided with the Muslim mob intent on suppressing the Christians’ speech.”

The complaint explains that authorities failed to protect the Christians – and in fact ordered them to leave the Arab Festival under threat of arrest for “disorderly conduct.”

But not one Muslim was arrested for the attack that left several members of the Christian group bloodied, the complaint states.

Read more here.

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