Obamacare law contains 20 new or higher taxes

Read more details about each tax hike: http://atr.org/full-list-obamacare-tax-hikes-listed-a7010#ixzz29OqvtKuQ

$123 Billion: Surtax on Investment Income

$86 Billion: Hike in Medicare Payroll Tax

$65 Billion: Individual Mandate Excise Tax and Employer Mandate Tax

$60.1 Billion: Tax on Health Insurers

$32 Billion: Excise Tax on Comprehensive Health Insurance Plans

$23.6 Billion: “Black liquor” (bio-fuel) tax hike

$22.2 Billion: Tax on Innovator Drug Companies

$20 Billion: Tax on Medical Device Manufacturers

$15.2 Billion: High Medical Bills Tax

$13.2 Billion: Flexible Spending Account Cap – aka “Special Needs Kids Tax”

$5 Billion: Medicine Cabinet Tax

$4.5 Billion: Elimination of tax deduction for employer-provided retirement Rx drug coverage in coordination with Medicare Part D

$4.5 Billion: Codification of the “economic substance doctrine”

$2.7 Billion: Tax on Indoor Tanning Services

$1.4 Billion: HSA Withdrawal Tax Hike

0.6 Billion: $500,000 Annual Executive Compensation Limit for Health Insurance Executives

$0.4 Billion: Blue Cross/Blue Shield Tax Hike

$ Negligible: Excise Tax on Charitable Hospitals

$ Negligible: Employer Reporting of Insurance on W-2

Read more details about each tax hike: http://atr.org/full-list-obamacare-tax-hikes-listed-a7010#ixzz29OqvtKuQ