[Congressional Record Volume 157, Number 63 (Tuesday, May 10, 2011)]
[House]
[Page H3119]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
{time} 1410
TAXES, PENALTIES, AND FEES IN PPACA
(Mr. BURGESS asked and was given permission to address the House for
1 minute and to revise and extend his remarks.)
Mr. BURGESS. Mr. Speaker, the Patient Protection Affordable Care Act,
billed as a health care bill, is actually a tax bill. It is riddled
with fees and penalties that will drive up the cost of health care by
imposing taxes on families and businesses.
Included in the law was a tax increase on nonmedical expenditures
from a health savings account. There has always been a 10 percent
penalty, but now it jumps to 20 percent.
In addition, beginning next year, employers who have 50 full-time
employees for the previous calendar year must offer health coverage
that meets the minimum essential benefit coverage requirement of the
Secretary of Health and Human Services, and that coverage requirement
is likely to cost $52 billion over the next 10 years, hardly the way to
foster job creation in an economy that desperately needs jobs.
The individual mandate starts out as a tax; then it is a penalty. Oh,
now it's back to a tax again. The administration creatively changed its
position when it realized that the mandate was indeed a tax, even
though it violated the President's own pledge during the campaign not
to raise taxes on middle class Americans to pass his signature health
care legislation.
The taxes in the health care law will affect everyone inevitably and
cannot help but drive up the cost of health care in this country.
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