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News Link • TAXES: Federal

Tax Prof: ObamaCare Tax Increases Are Double Original Estimate

The Joint Committee on Taxation recently released a 96 page report
 on the tax provisions associated with Affordable Care Act. The report
 describes the 21 tax increases included in Obamacare, totaling
$1.058 trillion – a steep increase from initial assessment, according to
the Tax Prof Blog. The summer 2012 estimate is nearly twice the $569
billion estimate produced at the time of the passage of the law in
March 2010.

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