Obamacare Fee Of $63 Per Person To Begin In 2014

Of the total pot, $5 billion will go directly to the U.S. Treasury , apparently to offset the cost of shoring up employer-sponsored coverage for early retirees. The $25 billion fee is part of a bigger package of taxes and fees to finance Mr. Obamas expansion of coverage to the uninsured. It all comes to about $700 billion over 10 years, and includes higher Medicare taxes effective this Jan. 1 on individuals making more than $200,000 per year or couples making more than $250,000. People above those threshold amounts also face an additional 3.8 percent tax on their investment income.
For the original version including any supplementary images or video, visit http://www.washingtontimes.com/news/2012/dec/10/obamacare-fee-of-63-per-person-to-begin-in-2014/

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