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RightWingNut
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392 Posts
Discussion Starter #1
Socialism at its finest..........liberals will find no problem with this.


Health Bill Extends Wage Tax to Investments

WASHINGTON - High-income families would be hit with a tax increase on wages and a new levy on investments under President Barack Obama's health care overhaul bill.

For the first time, the Medicare payroll tax would be applied to investment income, beginning in 2013. A new 3.8 percent tax would be imposed on interest, dividends, capital gains and other investment income for individuals making more than $200,000 a year and couples making more than $250,000.

The bill also would increase the Medicare payroll tax by 0.9 percentage point to 2.35 percent on wages above $200,000 for individuals and $250,000 for married couples filing jointly.

The new tax on investment income is higher than the 2.9 percent tax proposed by President Barack Obama. House Democratic leaders increased it so they could reduce the impact of a new tax on high-cost health insurance plans strongly opposed by labor unions.

The 40 percent tax on health benefits would be delayed until 2018 and would apply only to premiums exceeding $10,200 a year for individuals and $27,500 for families.

READ MORE HERE

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utah get me two
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1,935 Posts
Even though I will pay more taxes, I have no problem doing so.

I think the better good is worth it.
wow have another glass of the coolaid...

the government takes in well beyond what they need to properley run this country,but them miss manage and miss spend,then tax you more and more.

and you say oh its all good,things will be better
(your a sucker) HERE IS YOUR SIGN!!!
 

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Gandy Dancer
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5,972 Posts
Yeah, someday I hope to be rich enough to be a liberal
Here's the recipe for financial security:

- Work hard for 40+ years.
- Put as much as possible into a 401K and savings.
- Invest wisely but, not too conservatively.
- Don't blow all of your disposable income on your vehicles, partying, vacations, things that you want but don't need, etc., etc..
- Make sure you have health insurance for the unexpected catastrophe.

Do all of that and you too can one day become a........................Centrist. :D
 

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Gandy Dancer
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5,972 Posts
So now all your investments/retirement (that you have busted your azz to better yourself and your family) will be taxed to pay for health care.
Only some of it.

And to me, the benefits of helping other Americans who have worked just as hard (or harder) than myself.................is worth it. :shrug:

An no, I don't like one little bit the freeloaders that it will also benefit.

But.........as has been already said, most of them already get free health care.

Although not all of these go into effect immediately, I think these items are pretty important.

- Eliminates lifetime limits, and cap annual limits, on health-care benefits.
- Gets rid of rescissions.
- Some interim help for people who have preexisting conditions, though the bill does not instantly ban discrimination on preexisting conditions.
- Requiring insurers to cover preventive care and immunizations.
- Allowing young adults to stay on their parent's insurance plan until age 26.
- Ensures uniform verbiage so that people can compare different insurance policies in an apples-to-apples fashion.
- Forces insurers to spend 80 percent of all premium dollars on medical care (75 percent in the individual market), thus capping the money that can go toward administration, profits, etc.
- Creating an appeals process and consumer advocate for insurance customers.
- Developing a temporary re-insurance program to help early retirees (folks over 55) afford coverage.
- Creating an internet portal to help people shop for and compare coverage.

I also don't believe that this is the disaster being painted by the opposition.

It is analogous to when Social Security was established.

Although it has its problems (primarily from spending the money that should have been set aside on other things....by BOTH parties), ask your parents or elderly relatives where they would be right now without it. :shrug:
 

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Only some of it.

And to me, the benefits of helping other Americans who have worked just as hard (or harder) than myself.................is worth it. :shrug:

An no, I don't like one little bit the freeloaders that it will also benefit.

But.........as has been already said, most of them already get free health care.

Although not all of these go into effect immediately, I think these items are pretty important.

- Eliminates lifetime limits, and cap annual limits, on health-care benefits.
- No more rescissions.
- Some interim help for people who have preexisting conditions, though the bill does not instantly ban discrimination on preexisting conditions.
- Requiring insurers to cover preventive care and immunizations.
- Allowing young adults to stay on their parent's insurance plan until age 26.
- Ensures uniform verbiage so that people can compare different insurance policies in an apples-to-apples fashion.
- Forces insurers to spend 80 percent of all premium dollars on medical care (75 percent in the individual market), thus capping the money that can go toward administration, profits, etc.
- Creating an appeals process and consumer advocate for insurance customers.
- Developing a temporary re-insurance program to help early retirees (folks over 55) afford coverage.
- Creating an internet portal to help people shop for and compare coverage.
No form of insurance can function without underwriting and pre exsisting conditions. Utah the age to stay on parents plan is 26 and I sell a nationwide plan that the age limit is 30. There are lots of internet portals already.
 

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RightWingNut
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392 Posts
Discussion Starter #9
????

So now all your investments/retirement (that you have busted your azz to better yourself and your family) will be taxed to pay for health care.
Don't you wish Conservatives could opt out of the plan and let the libs fund the thing solely out of their pockets........my wouldn't their opinions change.

They HAVE to force this thing on the rest of us....??? :mad:


Tbar
 

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Registered
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Listen to this stupid guy

We got a math wiz this bill will lower premiums by 3000%

 

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Yeah, it's like that
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I also don't believe that this is the disaster being painted by the opposition.

It is analogous to when Social Security was established.

Although it has its problems (primarily from spending the money that should have been set aside on other things....by BOTH parties), ask your parents or elderly relatives where they would be right now without it. :shrug:
Yeah, I'm sure our elected officals have learned their lesson and wouldn't even think about doing the same thing with health careLOL
 

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Bigfoot is an OBS
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3,462 Posts
I also don't believe that this is the disaster being painted by the opposition.

It is analogous to when Social Security was established.
And the position the country will be in with regards to health care in 30-50 years will be similar to the position we are in now with SS. BANKRUPT.
Since SS is screwed up, what the F makes you think the same F'ING PEOPLE won't F up health care?

There's a really short saying that is 100% true.
If you want less of it, tax it.
If you want more of it, DON'T tax it.

To even begin to think otherwise is 100%, absolutely, positively, Stupid. Stupid to the point having less brains than a rock.
 

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O's middle-class squeeze - NYPOST.com

The hardest hit won't be those earning more than $250,000 a year -- the group that he says needs to "pay their fair share." Rather, it's families whose combined annual income is around $100,000 who could be crushed under this plan.


These folks will be too "rich" to qualify for ObamaCare's subsidies, but probably too poor to easily afford the pricey insurance that the president's plan forces them to buy.

Many of these $100K families will be obliged to buy a policy costing an average of $14,700 for the mid-level, "silver" health plan, according to the Congressional Budget Office's estimates. After income taxes, they'll be spending almost a quarter of their net income for health insurance.

People buying insurance outside the workplace won't be able to shop around to find cheaper options: ObamaCare effectively outlaws that, because the president wants everyone to have the same package of generous benefits. It's a noble ideal -- but it forces people to buy coverage that may be pricier than what they need, want or can afford.

The individual-insurance market -- which now lets you go to "ehealth.com" and buy a policy directly from Aetna or Wellpoint -- will shut down almost immediately: The regulations ObamaCare puts on the private individual-policy market will simply leave it unable to compete with the new state-based insurance exchanges that the reform creates.

Next, ObamaCare creates powerful financial incentives for employers to drop coverage -- paying a small fee to "dump" employees on the exchange. Because of the new subsidies, the savings -- to the employer and most employees -- will be substantial.
 

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Gandy Dancer
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Gandy Dancer
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But by your logic, that makes him an idiot, do you want me to go quote you from the bush bash fest?
Anyone can do it a few times. ;)

If he does it consistently over the next 8 years..........I'll be on board with you.

Until then, Bush is the unequivocal holder of the 'Dunce Hat.' LOL
 

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Oh My! :eek:

He mistakenly said %....................... instead of $'s. :rolleyes:
He meant what he said. The truth is he has no clue what he is talking about.
 
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