Ok, so I'm sitting at lunch yesterday minding my own business, when a friend of mine starts listing off a few things in the bill that just set me off all over again. Obama promised no new taxes on the middle class (of which I am most definitely a member). He did not keep that promise, however. Starting next year, here are just some of the changes that will affect we middle classers tax wise:
Like to tan? You will be paying the "indoor tanning tax" within the next 6 months!
In 2011, Over-the-counter drugs can no longer be purchased with a health FSA account (this money is tax free)
In 2013, the Health FSA reimbursement account limit has been cut from $4000 to $2500. What this means is that if you normally put the full amount in your FSA account, you will now be taxed on that $1500 that is no longer a pre-tax benefit.
In 2014, those who choose not to enroll in health insurance will pay an excise tax, which increases yearly for three years.
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