The Blog

Obamacare Contains 20 Tax Hikes

5:34 PM, Sep 25, 2012 • By JOHN MCCORMACK
Widget tooltip
Single Page Print Larger Text Smaller Text Alerts

At a rally in Ohio today, Mitt Romney said that Barack Obama hasn't raised taxes during his first term in office but will if he's reelected:

Obama hasn't yet raised income tax rates, but Obamacare raises taxes on everything from medical devices to tanning beds to over-the-counter medicines. A number of the tax hikes contained in Obamacare have not yet taken effect: The individual mandate, the $3,000-per-job tax on some employers, and the tax on high-end health insurance will only take effect if Obamacare remains a law.

The Romney campaign might want to remind the country that hundreds of billions in Obamacare taxes--and $2 trillion in spending--are about to come crashing down on us if Obama is reelected.

Update: A statement from Romney campaign spokeswoman Amanda Henneberg: 

“President Obama has raised taxes on millions of middle-class Americans during his first term in office.  Governor Romney was clearly communicating about an additional tax increase President Obama is proposing on American small businesses that will jeopardize over 700,000 jobs.  Mitt Romney and Paul Ryan will stop the President’s tax increases, create 12 million new jobs and turn our economy around.” 


Recent Blog Posts