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The Health-Care Law’s Impact on Your Taxes

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    Americans for Tax Reform President Grover Norquist on the new or higher taxes on Americans containted in the health-care law.

  • Duration 3:27
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-- -- but according the Supreme Court that couldn't be further from the truth joining me now as Grover Norquist president of Americans for Tax Reform.

Grover you tell me is this a tax.

It is a significant tax member Obama as most frequently made promised when he ran for president.

On hope and change what he would never ever raise any tax on any American.

Who are less than 250000 dollars -- -- he -- -- again and again he spent tens of millions of dollars on TV ads saying he wouldn't raise taxes.

That he turned around and and are twenty different taxes and obamacare.

Not just an individual mandate tax and the business.

Per employee tax but -- point eight.

Different taxes.

In obamacare.

Somewhere between Saddam and 800 billion -- and jacket.

Did you provided a list of those it and as we look through them.

They're actually I mean a lot of them are are kind of amusing that there is of course the indoor tanning tax was one of the ones that -- got a lot of play early on what are some the other one.

That's.

Well there's a tax on medical devices this idea.

That when the government takes over something it's going to get less expensive would that be the first time in the history of the world that's ever happened.

But when you look at they're gonna tax medical devices like wheelchairs how does that reduce the cost of health care.

There's a 50000 dollar tax per charitable hospital hot your charitable hospital we'll steal money from -- that reduces.

The cost of health care house since the charitable hospital now has to charge its patients more.

To help them if you're very -- you used to be Evelyn deduct what over seven and a half percent -- -- -- -- if viewers sit in such trouble.

They your health costs were beyond that now it's 10%.

So this should just Americans get whacked with a tax increase maybe have a flexible savings account or health savings -- Those are now taxed more heavily.

Just existing there -- taxes for both employers and employees.

And people wonder -- -- why people aren't hiring the president wonders why we don't have more jobs being created.

His obamacare tax increases are scaring employers -- way.

From hiring people that -- -- economy -- easier to repeal about now that it's tax receiving this change the tax cut.

I'm I think it does and what what's gonna happen is on November 6 there's an election with two things you focus on one.

In 56 days January 1 500 billion dollars in taxes take affect all of that.

The Alternative Minimum Tax which is hits four million people -- have 31 million families.

Whole series -- the capital gains tax and other dividend taxes and personal income taxes.

All of those tax increases happened.

Add to that if you reelect Obama the Obama -- taxes 67800.

Billion dollars over the next decade take -- fact.

There's going to be one topic when you look at the voting.

Booth and you vote for Obama you -- voting for hundreds of billions of unstoppable unending taxes or.

Romney in the Republicans who have committed to ending all of those tax increases and can do -- with one vote house senate presidency.

People will be deciding on November -- the future with massive new tax increases.

Or without them.

Yet you have to wonder -- backfires now that it's been called attacks that makes it.

Just a rallying quite -- thanks so much for joining us good.