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Heritage Foundation

Obamacare's Barrage of Tax Hikes

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Obamacare imposes numerous tax hikes which total more than $500 billion over 10 years. Obamacare's higher tax rates on income and investment will slow economic growth, leaving hardworking American families and businesses worse off. A particularly harmful new payroll tax on investment income goes into effect in January 2013.

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BILLIONS OF NOMINAL DOLLARS

Obamacare's Barrage of Tax Hikes

Source: Joint Committee on Taxation.