CBO to employers: Obamacare has $4B more in taxes than expected | WashingtonExaminer.com

In short, CBO revised the Obamacare tax burden upward by $4 billion for businesses and $1 billion to $1.5 billion for individual workers.

CBO couldn’t help but bump into Chief Justice John Roberts controversial decision uphold the individual mandate as a constitutional exercise of Congress’s taxing power. The report dubs the individual mandate a “penalty tax” — that is, “a penalty paid to the Treasury by taxpayers when they file their tax returns and enforced by the Internal Revenue Service.”

 

via CBO to employers: Obamacare has $4B more in taxes than expected | WashingtonExaminer.com.

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