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CBO: At Least 75% Of Obama's Mandate Tax Will Fall On Families Making Less Than $250K

 

Individual Mandate 'Considered A Tax,' Hits Middle Class Families

CONGRESSIONAL BUDGET OFFICE: At least 75% of individual mandate penalties fall on those making less than $250,000. ("Estimated Distribution Of Individual Mandate Penalties Under The Patient Protection And Affordable Care Act," Congressional Budget Office & Joint Committee On Taxation, 11/20/09)

  • SUPREME COURT: "…the shared responsibility payment may for constitutional purposes be considered a tax… read as imposing a tax on those who go without insurance." (Supreme Court Of The United States Syllabus, National Federation Of Independent Business Et Al. V. Sebelius, Secretary Of Health And Human Services, Et Al., 6/28/12)

 

Obama Promise: 'My Plan Won't Raise Your Taxes One Penny'

SEN. BARACK OBAMA (D-IL): "And if you're a family making less than $250,000 a year, my plan won't raise your taxes one penny - not your income taxes, not your payroll taxes, not your capital gains taxes, not any of your taxes." (Barack Obama, Remarks, Orlando, FL, 8/3/08)

SEN. BARACK OBAMA (D-IL): "You will not see any of your taxes increase one single dime." "And if you make less than $250,000 - if you make less than $250,000 a year, you will not see any of your taxes increase one single dime." (Sen. Obama, Remarks At A Campaign Event, Espanola, NM, 9/18/08)

SEN. BARACK OBAMA (D-IL): "No family making less than $250,000 will see their taxes increase." "And I can make a firm pledge: under my plan, no family making less than $250,000 will see their taxes increase – not your income taxes, not your payroll taxes, not your capital gains taxes, not any of your taxes." (Barack Obama, Remarks, Dover, NH, 9/12/08)

 

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