Now yet another source, the nonpartisan Congressional Budget Office, has confirmed that Obamacare will be a tax increase on at least 6 million people, representing an average hike of $695 per person. (As with most government estimates, you may be justified in multiplying by three the number of people who will ultimately be affected.)
At least three-fourths of those people are in the middle class, 4.7 million, with average incomes of about 500 percent of the poverty level — $60,000 for individuals and $123,000 for a family of four by the year 2016, the CBO estimates.
CBO Confirms Obamacare Tax Will Hit the Middle Class
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Seeded on Sun Sep 23, 2012 5:22 AM
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