This Washington Times editorial better not be widely quoted. The reason is, it's a great big secret that no one is supposed to tattle - the Obamacare bill contains massive tax increases:The bill does contain new taxes -- plenty of them. Pages 167 and 168 impose an income tax of 2.5 percent on any individual who chooses not to buy government-approved health insurance. Pages 149-150 impose a tax of between 2 percent and 8 percent on the payrolls of all companies whose payrolls exceed $250,000. Pages 197 and 198 outline income tax surcharges to be imposed on individuals with incomes over $350,000, rising to a highest surcharge of 5.4 percent. Meanwhile, as the bill specifically acknowledges imposing a tax without counting it as a tax, it also imposes all sorts of requirements that act as indirect taxes under names such as "mandates" and "requirements." Page 146 requires employers to provide insurance even for part-time workers. Page 280 begins to outline a penalty...(Read Full Post)