"But a Constitution of Government once changed from Freedom, can never be restored. Liberty, once lost, is lost forever." - John Adams

Sunday, April 18, 2010

A few of the new taxes, etc under the new Obamacare Act

• There is a new tax on home sales of 3.8%. This will hit middle-income people who are "'rich' for only one day" as they sell a house and buy a new one.
• There are $15.2 billion in new taxes on the middle class as DemCare severely restricts the medical expense deduction, which is widely used by families who have a serious illness or are elderly.
• According to Sen. Diane Feinstein (D-CA), there is a huge new loophole in the bill as nothing prevents health care companies from raising rates by any amount.
• The bill will lead to a dramatic shortage of doctors -- around 150,000 doctors almost immediately -- because the pool of newly insured welfare DemCare recipients has expanded so dramatically.

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