What’s so affordable about a health care law that imposes $100 billion in sales taxes on consumers?
That’s the question being asked by small business owners as they prepare to start paying ObamaCare’s health insurance tax or HIT.
HIT is a sales tax imposed on each policy sold in the fully covered insurance market. The tax is projected to yield $8 billion in 2014, $14.3 billion by 2018 and rise steadily thereafter, according to AHIP, a health insurance trade association. A study by the Joint Committee on Taxation estimates that the tax will generate more than $100 billion in…
"The breadth of problems at the VA has proven continually surprising, even as the torrent of unrelated bad news knocks new revelations about VA corruption off the front pages. The Office of Special Counsel investigating the VA is looking into 67 whistleblower complaints -- 25 of which have been initiated since June 1. ... There’s no question that the extent and urgency of the problems at the…[more]