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Ford Motor Co. Message Board

  • usaf_ghost_rider usaf_ghost_rider Jan 6, 2013 11:07 AM Flag

    Obama Scare taxes will burden Americans across the board

    Get ready to pay more taxes in 2013 compliments of Obama Scare

    - Medical Device Tax 2.3% -- passed on to consumers of course and look for medical device makers to move abroad (costing American jobs)

    - Surtax on Investment Income 3.8% -- you may also be paying this when you sell your home

    - Medicare Tax .9% -- hits self employed (me)

    - Reductions in Flexible Spending Account --sets cap at $2500 (previously there was no cap)

    - Itemized Medical Deductions - threshold for allowed deductions from 7.5% of adjusted gross income to 10%, further burdening those with the largest medical expenses by limiting how much of these costs they can deduct on their taxes. .

    - Tax penalties” for individuals and businesses who don’t comply with ObamaCare’s mandate that they purchase government-approved health insurance. This will kill small businesses who can't afford Obama Scare

17.02-0.10(-0.59%)Jul 31 4:00 PMEDT

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