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The natural progress of things is for liberty to yield and government to gain ground. —THOMAS JEFFERSON, 1788

$1 trillion Obamacare tax begins Jan. 1

Americans for Tax Reform

On January 1, regardless of the outcome of fiscal cliff negotiations, Americans will be hit with a $1 trillion Obamacare tax hike.

Obamacare contains twenty new or higher taxes. Five of the taxes hit for the first time on January 1.  In total, for the years 2013-2022, Americans face a net $1 trillion tax hike for the years 2013-2022, according to the Congressional Budget Office.

The five major Obamacare taxes taking effect on January are as follows:

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