When Obamacare rolls out in all its glory, it will come with a slew of new taxes primarily aimed at the middle class. In all, the government will end up collecting $800 billion more in taxes than they did before Obamacare.
This comes at a time when the middle class is already suffering thanks to inflation and sliding wages. Such a dramatic increase in the tax rate will probably worsen the economy overall, leading to even more problems for the middle class.
Of course, nobody seems to be talking about the tax increases. The mainstream media would rather focus on selling Obamacare to the public, conveniently ignoring the fact that it will take so much money out of everyone’s pockets. Congress has danced around the subject, preferring to divert attention to the other aspects of Obamacare that aren’t quite so damning.
President Obama himself has avoided mentioning the tax hikes in any certain terms; when he spoke at the Clinton Global Initiative, he merely said, “We did raise taxes on some things.”
We’re going to go ahead and nominate that line for Understatement of the Year.