Last year saw a $2.7 billion tax on indoor tanning, and a $22 billion hit on drug innovation companies.
This year will see the implementation of a $5 billion "Medicine Cabinet Tax" (on generic med's under HSA, FSA and HRA plans) coupled with a $1.4 billion spike in HSA withdrawal penalties. We'll also be treated to the new Employer reporting requirements (more on this issue here).
In '12, we'll see the roll-out of much-despised and derided "Corporate 1099-MISC Information Reporting" requirement, expected to cost over $17 billion.
2013 looks to be a "banner year" for ObamaTaxes©: we'll see the $123 billion Surtax on Investment Income [ed: which has to do with healthcare, how?], an $86.8 billion increase in the Medicare Payroll Tax, a new cap on Flexible Spending Accounts as they relate to special needs kids (why does Barry hate the children?), a $20 billion tax on manufacturers of medical devices (why does Barry hate sick people?), an increase in the itemized deduction requirements that's expected to cost taxpayers an additional $15 billion, along with the elimination of the deduction for employer-provided prescription med benefits that looks to cost $4.5 billion.
Popular VideoThis young teenage singer was shocked when Keith Urban invited her on stage at his concert. A few moments later, he made her wildest dreams come true.
Looking ahead to 2014, we see the much anticipated (and Evil) Individual and Employer Mandates in full swing, along with a new tax on certain insurers. That last little goody's looking to cost insurers $60 billion. Wait, did I say "cost insurers?" Just kidding! It looks to cost insureds $60 billion.
And waaay down the road - 2018, to be exact - we have a shiny new, $32 billion Excise Tax to look forward to.
Isn't it grand that we had to pass it to learn all this?