SURPRISE! More Obamacare Taxes!

It just keeps getting better and better, folks.

Last week, HHS Secretary Kathleen Sebelius admitted that Obamacare will raise insurance premiums, despite years of Democrats promising that it wouldn’t.

Now, a new report from the Associated Press out this afternoon says Obamacare “could trigger surprise tax bills.”

“President Barack Obama’s new health care law will offer subsidies to help people buy private health insurance on state-based exchanges, if they don’t already get coverage through their employers. The subsidies are based on income. The lower your income, the bigger the subsidy.

 

‘But the government doesn’t know how much money you’re going to make next year. And when you apply for the subsidy, this fall, it won’t even know how much you’re making this year. So, unless you tell the government otherwise, it will rely on the best information it has: your 2012 tax return, filed this spring.

 

‘What happens if you or your spouse gets a raise and your family income goes up in 2014? You could end up with a bigger subsidy than you are entitled to. If that happens, the law says you have to pay back at least part of the money when you file your tax return in the spring of 2015.”

 

So millions of Americans could be on the hook for taxes that they didn’t even know they had to pay. Broken promises, higher premiums, and now, hidden taxes: the implementation of Obama’s government takeover of healthcare has been an unmitigated disaster.