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CBO: Health-Law Tax to Hit 50% More Than Estimated | Fox Business

20 Sep

Duh….this oughta be funny..watch the left NOW attempt to disavow the vaunted CBO which they trotted out when we tried to point out the lies that their “Hero Leader Provider” was telling them….

 

CBO: Health-Law Tax to Hit 50% More Than Estimated

By Elizabeth MacDonaldEmac’s Bottom LinePublished September 20, 2012FOXBusiness

New Health-Law Tax Will Hit 6 Million Americans

Health-Care Law’s Potential Impact on Small…

Ralph Nader on the Costs of the Health-Care Law

The nonpartisan Congressional Budget Office now says six million people will have to pay the individual mandate tax at a higher estimated cost of $6.9 billion to $8 billion, once ObamaCare rolls out in its entirety in 2016.

That’s two million more people getting hit with the new tax, or a 50% jump, versus what the CBO initially estimated in 2010, right after President Barack Obama inked his signature health reform into law.

Plus the CBO now says the government’s take from the new tax will be $4 billion to $5 billion more per year than initially expected — and that is a middle-class tax hike the White House doesn’t want to discuss.

via CBO: Health-Law Tax to Hit 50% More Than Estimated | Fox Business.

 
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