 | Hidden Charges Found in Obama's "Tax the Rich" Plan that Affect Non-Millionaires and Non-BillionairesScotty Starnes | September 20, 2011 at 9:30 AM | Tags: federal security fees, Medicare, Military retirees, mortgages, non-generic prescription drugs, President Obama, tax hike, tax the rich, taxes | Categories: Political Issues | URL: http://wp.me/pvnFC-5Rw |
It's no wonder Obama is rushing Congress to pass his bill. His unread bills always have hidden extras and Democrats love to pass unread bills so they can learn what's in them.
WASHINGTON -- It's not just millionaires who'd pay more under President Obama's latest plan to combat the deficit.
Air travelers, federal workers, military retirees, wealthier Medicare beneficiaries and people taking out new mortgages are among those who would pay more than $130 billion in government revenues raised through new or increased fees.
Airline passengers would see their federal security fees double from $5 to $10 for a nonstop round-trip flight and triple to $15 by 2017, raising $25 billion over the coming decade. Federal workers would face an additional 1.2 percentage point deduction from their paychecks to contribute $21 billion more for theirpensions over the same period. Military retirees would pay a $200 fee upon turning 65 to have the government pay their out-of-pocket Medicare expenses.
They'd also pay more for non-generic prescription drugs.
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