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Business Insider: Here Are The New Taxes You’re Going To Pay To Pay For Obamacare… July 2, 2012

Well, Obamacare is now official, which means that a lot more people in the United States will have health insurance.

And it also means a lot more people will be paying more taxes.

(You didn’t think Obamacare was free, did you?)

Here are some of the new taxes you’re going to have to pay to pay for Obamacare:

  • A 3.8% surtax on “investment income” when your adjusted gross income is more than $200,000 ($250,000 for joint-filers). What is “investment income?” Dividends, interest, rent, capital gains, annuities, house sales, partnerships, etc. Taxes on dividends will rise from 15% to 18.8%–if Congress extends the Bush tax cuts. If Congress does not extend the Bush tax cuts, taxes on dividends will rise from 15% to a shocking 43.8%. (WSJ)

Continue reading on Business Insider…