On the second anniversary of the law that gave government control of our nation’s health care system, Grover Norquist, the President of Americans for Tax Reform, takes a look at a few of the tax hikes in the bill.
Norquist reminds us what Obama the candidate said in 2008, just months before signing the tax-laden legislation:
“I can make a firm pledge. Under my plan, no family making less than $250,000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes.”
One of the tax hikes Norquist mentions is the Medicine Cabinet Tax. This particular tax hike especially irritates this blogger. I use to be able to use my Health Savings Account (HSA) to purchase over-the-counter medicine on a pre-tax basis.
Not anymore. Obama’s Medicine Cabinet Tax has banned the purchase over-the-counter medicine with an HSA.
And, shockingly, there is no exemption for “families making less than $250,000 a year” like candidate Obama promised.