Change! CBO estimate of Obamacare tax jumps 50%, will hit middle class hardest

By
September 19, 2012

The devil is always in the details … to be revealed later. They had to pass it to see what was in it. Now, we’re finding out.

Six million Americans will pay the health care tax rather than obtain coverage under President Obama’s health care law, according to a new Congressional Budget Office estimate Wednesday — a 50 percent increase over CBO’s estimate of just two years ago.

CBO also said there will be 30 million people without insurance, though all but the 6 million will be exempt from the tax. The exempt residents are a combination of illegal immigrants and those with incomes too low to pay income taxes.

via CBO – Washington Times.



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Comments:
  1. Lightwave says:

    The son of a friend of mine just found out earlier this month that his employer jacked up insurance premiums for his family by 40%. The company can “no longer afford to absorb the cost”. For a family of five, that’s a $350 a month jump, my friend tells me. He was excited about Obameecare. He was excited to find out his oldest daughter would still be on his insurance in college this fall. Oops.

    He voted for Hopenchange in 2008. He just became a lifelong Republican like his dad.

  2. […] Dan Riehl writes: The devil is always in the details … to be revealed later. They had to pass it to see […]