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OMG, Here's Just Three Of Obama's 2,700 Pages Of Rules, Regulations & Taxes Imposed Like The Following, copied verbatim from the Obama Health Care Act, go ahead, Challenge Yourself To Understand It, OMG...

‘‘CHAPTER 2A—UNEARNED INCOME MEDICARE
CONTRIBUTION

‘‘Sec. 1411. Imposition of tax.
‘‘SEC. 1411. IMPOSITION OF TAX.

‘‘(a) IN GENERAL.—Except as provided in subsection (e)—

‘‘(1) APPLICATION TO INDIVIDUALS.—In the case of an individual,
there is hereby imposed (in addition to any other tax
imposed by this subtitle) for each taxable year a tax equal
to 3.8 percent of the lesser of—
‘‘(A) net investment income for such taxable year, or
‘‘(B) the excess (if any) of—
‘‘(i) the modified adjusted gross income for such
taxable year, over
‘‘(ii) the threshold amount.

‘‘(2) APPLICATION TO ESTATES AND TRUSTS.—In the case
of an estate or trust, there is hereby imposed (in addition
to any other tax imposed by this subtitle) for each taxable
year a tax of 3.8 percent of the lesser of—
‘‘(A) the undistributed net investment income for such
taxable year, or
‘‘(B) the excess (if any) of—
‘‘(i) the adjusted gross income (as defined in section
67(e)) for such taxable year, over
‘‘(ii) the dollar amount at which the highest tax
bracket in section 1(e) begins for such taxable year.
‘‘(b) THRESHOLD AMOUNT.—For purposes of this chapter, the
term ‘threshold amount’ means—
‘‘(1) in the case of a taxpayer making a joint return under
section 6013 or a surviving spouse (as defined in section 2(a)),
$250,000,
‘‘(2) in the case of a married taxpayer (as defined in section
7703) filing a separate return, 1⁄2 of the dollar amount determined
under paragraph (1), and
‘‘(3) in any other case, $200,000.
‘‘(c) NET INVESTMENT INCOME.—For purposes of this chapter—
‘‘(1) IN GENERAL.—The term ‘net investment income’ means
the excess (if any) of—
‘‘(A) the sum of—
‘‘(i) gross income from interest, dividends, annuities,
royalties, and rents, other than such income
which is derived in the ordinary course of a trade
or business not described in paragraph (2),
‘‘(ii) other gross income derived from a trade or
business described in paragraph (2), and
‘‘(iii) net gain (to the extent taken into account
in computing taxable income) attributable to the disposition
of property other than property held in a trade
or business not described in paragraph (2), over
‘‘(B) the deductions allowed by this subtitle which are
properly allocable to such gross income or net gain.
‘‘(2) TRADES AND BUSINESSES TO WHICH TAX APPLIES.—A
trade or business is described in this paragraph if such trade
or business is—
‘‘(A) a passive activity (within the meaning of section
469) with respect to the taxpayer, or
H. R. 4872—34
‘‘(B) a trade or business of trading in financial
instruments or commodities (as defined in section
475(e)(2)).

‘‘(3) INCOME ON INVESTMENT OF WORKING CAPITAL SUBJECT
TO TAX.—A rule similar to the rule of section 469(e)(1)(B) shall
apply for purposes of this subsection.

‘‘(4) EXCEPTION FOR CERTAIN ACTIVE INTERESTS IN PARTNERSHIPS
AND S CORPORATIONS.—In the case of a disposition of
an interest in a partnership or S corporation—
‘‘(A) gain from such disposition shall be taken into
account under clause (iii) of paragraph (1)(A) only to the
extent of the net gain which would be so taken into account
by the transferor if all property of the partnership or S
corporation were sold for fair market value immediately
before the disposition of such interest, and
‘‘(B) a rule similar to the rule of subparagraph (A)
shall apply to a loss from such disposition.

‘‘(5) EXCEPTION FOR DISTRIBUTIONS FROM QUALIFIED
PLANS.—The term ‘net investment income’ shall not include
any distribution from a plan or arrangement described in section
401(a), 403(a), 403(b), 408, 408A, or 457(b).
‘‘(6) SPECIAL RULE.—Net investment income shall not
include any item taken into account in determining self-employment
income for such taxable year on which a tax is imposed
by section 1401(b).
‘‘(d) MODIFIED ADJUSTED GROSS INCOME.—For purposes of this
chapter, the term ‘modified adjusted gross income’ means adjusted
gross income increased by the excess of—
‘‘(1) the amount excluded from gross income under section
911(a)(1), over
‘‘(2) the amount of any deductions (taken into account
in computing adjusted gross income) or exclusions disallowed
under section 911(d)(6) with respect to the amounts described
in paragraph (1).
‘‘(e) NONAPPLICATION OF SECTION.—This section shall not apply
to—
‘‘(1) a nonresident alien, or
‘‘(2) a trust all of the unexpired interests in which are
devoted to one or more of the purposes described in section
170(c)(2)(B).’’.
(2) ESTIMATED TAXES.—Section 6654 of the Internal Revenue
Code of 1986 is amended—
(A) in subsection (a), by striking ‘‘and the tax under
chapter 2’’ and inserting ‘‘the tax under chapter 2, and
the tax under chapter 2A’’; and
(B) in subsection (f)—
(i) by striking ‘‘minus’’ at the end of paragraph
(2) and inserting ‘‘plus’’; and
(ii) by redesignating paragraph (3) as paragraph
(4) and inserting after paragraph (2) the following new
paragraph:
‘‘(3) the taxes imposed by chapter 2A, minus’’.
(3) CLERICAL AMENDMENT.—The table of chapters for subtitle
A of chapter 1 of the Internal Revenue Code of 1986
is amended by inserting after the item relating to chapter
2 the following new item:
H. R. 4872—35
‘‘CHAPTER 2A—UNEARNED INCOME MEDICARE CONTRIBUTION’’.
(4) EFFECTIVE DATES.—The amendments made by this subsection
shall apply to taxable years beginning after December
31, 2012.
(b) EARNED INCOME.—
(1) THRESHOLD.—
(A) FICA.—Paragraph (2) of section 3101(b) of the
Internal Revenue Code of 1986, as added by section 9015
of the Patient Protection and Affordable Care Act and
amended by section 10906 of such Act, is amended by
striking ‘‘and’’ at the end of subparagraph (A), by redesignating
subparagraph (B) as subparagraph (C), and by
inserting after subparagraph (A) the following new
subparagraph:
‘‘(B) in the case of a married taxpayer (as defined
in section 7703) filing a separate return, 1⁄2 of the dollar
amount determined under subparagraph (A), and’’.
(B) SECA.—Section 1401(b)(2) of the Internal Revenue
Code of 1986, as added by section 9015 of the Patient
Protection and Affordable Care Act and amended by section
10906 of such Act, is amended—
(i) in subparagraph (A), by striking ‘‘and’’ at the
end of clause (i), by redesignating clause (ii) as clause
(iii), and by inserting after clause (i) the following
new clause:
‘‘(ii) in the case of a married taxpayer (as defined
in section 7703) filing a separate return, 1⁄2 of the
dollar amount determined under clause (i), and’’; and
(ii) in subparagraph (B), by striking ‘‘under clauses
(i) and (ii)’’ and inserting ‘‘under clause (i), (ii), or
(iii) (whichever is applicable)’’.
(2) ESTIMATED TAXES.—Section 6654 of the Internal Revenue
Code of 1986 is amended by redesignating subsection
(m) as subsection (n) and by inserting after subsection (l) the
following new subsection:
‘‘(m) SPECIAL RULE FOR MEDICARE TAX.—For purposes of this
section, the tax imposed under section 3101(b)(2) (to the extent
not withheld) shall be treated as a tax imposed under chapter
2.’’.
(3) EFFECTIVE DATE.—The amendments made by this subsection
shall apply with respect to remuneration received, and
taxable years beginning after, December 31, 2012.
*****************************************************

SEC. 1403. DELAY OF LIMITATION ON HEALTH FLEXIBLE SPENDING
ARRANGEMENTS UNDER CAFETERIA PLANS.
(a) IN GENERAL.—Section 10902(b) of the Patient Protection
and Affordable Care Act is amended by striking ‘‘December 31,
2010’’ and inserting ‘‘December 31, 2012’’.
(b) INFLATION ADJUSTMENT.—Paragraph (2) of section 125(i)
of the Internal Revenue Code of 1986, as added by section 9005
of the Patient Protection and Affordable Care Act and amended
by section 10902 of such Act, is amended—
(1) in the matter preceding subparagraph (A), by striking
‘‘December 31, 2011’’ and inserting ‘‘December 31, 2013’’; and
(2) in subparagraph (B), by striking ‘‘2010’’ and inserting
‘‘2012’’.

Hope that you comprehend that, because there is another 1,997 Pages just like the above, in the Obama Health Care Act, I ask HOW MANY BILLIONS OF $$$ WILL IT COST JUST TO administrate this Obama abomination?

P.S. Feel Free To Copy & Reproduce The Above As You See Fit!

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