As the 2016 presidential race kicks off, candidates on both sides of the aisle are promising to stand up for the middle class. Voters deserve to know that anyone who champions Obamacare cannot honestly say she or he is also a champion of middle-class Americans.
The president’s health care law harms middle-class families in at least four ways, and even stands in the way of people trying to climb into the middle class.
First, the law raised or created 20 taxes that add up to $1 trillion over the next decade. Many of these taxes hit the middle class, like the penalty for anyone whose insurance does not satisfy Washington’s long list of mandates.
According to H&R Block, the average tax penalty people paid to the Internal Revenue Service for 2014 was $178. The penalties will more than double this year. People hurt by this tax penalty are not the poor, who are exempt. They are also not the rich, almost all of whom have generous health insurance. The penalty targets hardworking taxpayers who don’t want, don’t need or can’t afford the insurance the president says they must buy.