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ObamaCare Tax Increases: Going Into Effect 2010-2018

Yesterday I posted on all the new tax increases for 2013, and for those looking for all of the ObamaCare tax increases for that have gone into effect, and are scheduled to go into effect, here is a list of the 20 ObamaCare tax increases, courtesy of Americans for Tax Reform.

 

Taxes that took effect in 2010:

1. Excise Tax on Charitable Hospitals

2. Codification of the “economic substance doctrine”

3. “Black liquor” tax hike

4. Tax on Innovator Drug Companies

6. Tax on Indoor Tanning Services

 

Taxes that took effect in 2011:

7. Medicine Cabinet Tax

8. HSA Withdrawal Tax Hike

 

Tax that took effect in 2012:

9. Employer Reporting of Insurance on W-2

 

Taxes that take effect in 2013:

10. Surtax on Investment Income; Creation of a new, 3.8 percent surtax on investment income

11. Hike in Medicare Payroll Tax

12. Tax on Medical Device Manufacturers

13. High Medical Bills Tax

14. Flexible Spending Account Cap – aka “Special Needs Kids Tax”

15. Elimination of tax deduction for employer-provided retirement Rx drug coverage in coordination with Medicare Part D

16. $500,000 Annual Executive Compensation Limit for Health Insurance Executives

 

Taxes that take effect in 2014:

17. Individual Mandate Excise Tax

18. Employer Mandate Tax

19. Tax on Health Insurers

 

Taxes that take effect in 2018:

20. Excise Tax on Comprehensive Health Insurance Plans

Read more: http://atr.org/full-list-ACA-tax-hikes-a6996#ixzz2MsrtsRSP