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Live Video: Obama Speaks on Iraq

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Cheechako8/31/2010 6:27:51 pm PDT

All taxpayers with employer provided health insurance are going to be hit hard with new HCR taxes in January. The amount you and your employer pays for health insurance is going to become part of your taxable gross income. That’s supposed to be the revenue to help pay for coverage for all the uninsured people.

You’ll see this in January when your fed tax withholding goes up.