{"id":19827,"date":"2013-12-26T14:50:59","date_gmt":"2013-12-26T19:50:59","guid":{"rendered":"http:\/\/cfif.org\/v\/freedom_line_blog\/?p=19827"},"modified":"2013-12-26T14:50:59","modified_gmt":"2013-12-26T19:50:59","slug":"obamacares-christmas-hangover","status":"publish","type":"post","link":"https:\/\/cfif.org\/v\/freedom_line_blog\/19827\/obamacares-christmas-hangover\/","title":{"rendered":"Obamacare&#8217;s Christmas Hangover"},"content":{"rendered":"<p>As Americans awake from the annual Christmas spending spree, a new set of bills is coming due in January \u2013 Obamacare-related taxes and fees.<\/p>\n<p>The <a href=\"http:\/\/nypost.com\/2013\/12\/25\/new-obamacare-fees-coming-in-2014\/ \" target=\"_blank\">New York Post<\/a> offers a summary:<\/p>\n<p>\u00b7\u00a0\u00a0\u00a0 A 2 percent levy on every health plan, which is expected to net about $8 billion for the government in 2014 and increase to $14.3 billion in 2018<\/p>\n<p>\u00b7\u00a0\u00a0\u00a0 A $2 fee per policy that goes into a new medical research trust called the Patient Centered Outcomes Research Institute<\/p>\n<p>\u00b7\u00a0\u00a0\u00a0 Insurers pay a 3.5 percent user fee to sell medical plans on the HealthCare.gov website, which is passed onto consumers<\/p>\n<p>\u00b7\u00a0\u00a0\u00a0 A 2.3 percent medical device tax that will inflate the cost of items such as pacemakers, stents and prosthetic limbs<\/p>\n<p>\u00b7\u00a0\u00a0\u00a0 An added 0.9 percent Medicare surtax on top of the existing 1.45 percent Medicare payroll tax for families making over $200,000 and individuals making more than $250,000 annually<\/p>\n<p>\u00b7\u00a0\u00a0\u00a0 The same groups will also pay an extra 3.8 percent Medicare tax on unearned income, such as investment dividends, rental income and capital gains<\/p>\n<p>The government Grinches even swiped the income tax deduction for medical expenses that exceed 7.5 percent of a person\u2019s annual income. In 2014 it will jump to 10 percent.<\/p>\n<p>\u2018Tis the season for a heavier tax burden.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As Americans awake from the annual Christmas spending spree, a new set of bills is coming due in January \u2013 Obamacare-related taxes and fees. The New York Post offers a summary: \u00b7\u00a0\u00a0\u00a0 A 2 percent levy on every health plan, which is expected to net about $8 billion for the government in 2014 and increase [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[4073,4429,3308,1829,35,105],"class_list":["post-19827","post","type-post","status-publish","format-standard","hentry","category-posts","tag-4073","tag-fee","tag-health","tag-insurance","tag-obamacare","tag-tax"],"_links":{"self":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/19827","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/comments?post=19827"}],"version-history":[{"count":6,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/19827\/revisions"}],"predecessor-version":[{"id":19833,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/19827\/revisions\/19833"}],"wp:attachment":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/media?parent=19827"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/categories?post=19827"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/tags?post=19827"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}