835.9 billion in new taxes for Un"affordable health care law"
There’s a glaring misnomer in the Patient Protection and Affordable Care Act (PPACA). It doesn’t make health care more affordable. Much of the blame lies in the hundreds of billions of dollars in taxes and fees that pay for the law.
The U.S. Chamber put together a list of $835.9 billion in additional costs on businesses that include new taxes, new fees, and the elimination of deductions. What’s more, in sorting out an argument between Senator Ron Johnson (R-WI) and Rep. Debbie Wasserman Schultz (D-FL) over how much in taxes the PPACA will impose, the Washington Post’s fact checker, George Kessler wrote, “there seems little debate that the health-care law has about $1 trillion in taxes.”
Adding $1 trillion in taxes is the opposite of making health care more affordable.