Thursday, January 02, 2014
A Large New Tax on Small Business - WSJ.com
And if that doesn't influence your next vote, I guess nothing will...
I found this in a recent Wall Street Journal article about the many hidden taxes and fees involved with Obamacare:
"Oh, and to salt the wound, this 'fee' is not deductible for corporate income tax purposes. In other words, health plans pay the tax and then federal and state taxes on the taxed amount. Mr. Holtz-Eakin estimates this unusual taxes-on-taxes rule means that the effect on premiums is 54% larger than the dollar amount of the tax itself."
