Liberal Forum

I have abandoned my Flying Monkeys thread due to the incessant rantings of a lunatic who has taken up residence there. And still not one single word of concern about the babies who were murdered. Nor will she ever write one. Oh gosh, Obama's been caught lying AGAIN. Who'da thunk? ObamaCare Taxes Will Increasingly Bite Middle Class By JOHN MERLINE, INVESTOR'S BUSINESS DAILY When President Obama was selling his signature health care reform bill back in early 2010, he described it as the "largest middle-class tax cut for health care in history." http://www.investors..._130417.png.cms But a closer examination finds that ObamaCare's three biggest taxes — a Medicare surcharge, the so-called Cadillac tax and an insurance premium fee — will increasingly hit the middle class because of how the law indexes them for inflation and medical costs. Over the next decade, the Medicare surcharge will raise $318 billion, according to the Joint Committee on Taxation. But these taxes, commonly described as targeting the rich, will soon hit middle-income families. That's because the Democrats who wrote the law did not index the income thresholds for inflation. So more and more families will end up paying these "wealthy" taxes simply because they are getting cost-of-living increases — a phenomenon known as "bracket creep." http://news.investor...s-over-time.htm