Today, the U.S. Senate defeated a bill introduced by Republicans to remove the onerous and unrelated provision written into the Obamacare Bill, requiring small business to report to the IRS all purchases from one supplier in a fiscal year totaling more than $600.00. The measure was defeated by a 52-46 margin. As reported by The Hill: Read the rest of this entry
The current proposals to reform health insurance will include massive new tax burdens placed on the American people, a tax burden to the tune of $500 billion dollars over the next 10 years.
Let’s breakdown some of the proposed tax increases..
1. 40% excise tax on health coverage in excess of $8,500/$23,000 ($149.1 billion)
2. Employer W-2 reporting of value of health (negligible revenue effect)
3. Conform definition of medical expenses ($5.0 billion)
4. Increase penalty for nonqualified health savings account distributions to 20% ($1.3 billion)
5. Limit health flexible spending arrangements in cafeteria plans to $2,500 ($14.6 billion)
6. Require information reporting on payments to corporations ($17.1 billion)
7. Additional requirements for section 501(c)(3) hospitals (negligible revenue effects)
8. Impose annual fee on manufacturers & importers of branded drugs ($22.2 billion)
9. Impose annual fee on manufacturers & importers of medical devices ($19.3 billion)
10. Impose annual fee on health insurance providers ($60.4 billion)
11. Study and report of effect on veterans health care (no revenue effect)
12. Eliminate deduction for expenses allocable to Medicare Part D subsidy ($5.4 billion)
13. Raise 7.5% AGI floor on medical expenses deduction to 10% ($15.2 billion)
14. $500,000 deduction limitation on taxable year remuneration to health insurance officials ($0.6 billion)
15. Additional 0.5% hospital insurance tax on wages > $200,000 ($250,000 joint) ($53.8 billion)
16. Modification of section 833 treatment of certain health organizations ($0.4 billion)
17. Impose 5% excise tax on cosmetic surgery ($5.8 billion) link
Many of these tax increases will simply be passed directly to the policy holder in the form of higher premiums. This debunks the assertion that only the rich will be soaked to pay for this severely flawed reform.
These new taxes are only the beginning, as the push for more sin taxes will be the next on the agenda. In addition to the “tan tax” and “tobacco tax”, we are seeing a push for new taxes on soda, beer, wine and liquor, as well as taxes on candy and other sugary food products. Where does it all end? How about the fat tax? Or, perhaps we need a cholesterol tax? Haven’t we had enough of this nonsense?
The only way the Obama administration can meet it’s commitment of making this reform deficit neutral is to increase taxes to the tune of $1.25 trillion dollars over the next 10 years. The idea that we can save $700 billion dollars by eliminating waste and fraud, in addition to cutting Medicare/Medicaid, is truly laughable and clearly a scam.
The Joint Committee on Taxation has released several informative PDFs regarding these new taxes. Estimated Revenue Effects Of The Manager’s Amendment To The Revenue Provisions Contained In The “Patient Protection And Affordable Care Act”. link
We must stand up now and say no to these unreasonable taxes, especially to fund this flawed and dangerous piece of legislation.
Haven’t we all been Taxed Enough Already?
It’s been reported by the GOP that the proposed health care legislation would create a plethora of new agencies to the federal government. While I believe republicans no more than their democrat counterparts, you have to assume a tangled web of government departments will built into this proposed health care system. Considering that government hasn’t the ability to control the size and costs of the bureaucracies it creates, why would American taxpayers allow Congress to create more. While we may not approve, the White House cares less. Obama must be counting the potential positions within these bureaucracies to pad his fictitious jobs numbers. The funny thing is that no one is talking about the sub-bureaucracies that will be created within the IRS when the Treasury Department’s police force is married to American’s health care. You talk about an Orwellian concept.
This older ACLU (even though they are an enemy of the Constitution) video shows the potential ramifications of having this gargantuan health care beast shoved down our throats.
This is a play for total information control and it will dictate your future in America.
Wake up America
I had a chance to attend Jim DeMint’s town hall on health care reform at the Beacon Drive-In in Spartanburg, S.C. on the Aug. 20th.
There was a great turnout, with an estimated 600-700 concerned citizens at the event. I put together a nice highlight video of the event.
There were several progressives there from the American Cancer Society who asked questions. One was simply an attack dog for the left and she had her Democratic talking points all listed out for her on a clipboard.
I volunteered once for the ACS and while they certainly do some good work, I found the meetings and members to have a very leftist slant. After digging a bit more, I realized that much of the funds being raised were not being used to help cancer victims, but being used to buy advertising promoting sin taxes and six tax laws, something I vehemently oppose. Needless to say, I decided not to contribute my time to that group.
Nonetheless, the event was very enjoyable and the crowd was decidedly against the current health care reform proposal the Democrats have cooked up, which is the first steps toward a government takeover of the system.
We certainly need more Senators like Jim DeMint representing the citizens of our great country.
I live in S.C. District 4, making Bob Inglis my “representative”, and I use that term loosely. Inglis and I have been exchanging emails since I urged him to vote against the TARP bill, which of course he didn’t. Having never been a supporter of Inglis and knowing his progressive tendencies, I wasn’t surprised.
Inglis sent me one of his canned form letter (emails), bragging how a few of the banks have started to repay some of the TARP loans, in a effort to justify his misguided vote. I replied to the email, pointing out the article from the WSJ suggesting the taxpayer will never see the 180 billion given to AIG retuned to the treasury. I went on to suggest that we need to hold our representatives responsible for their actions. Inglis responded to my concerns with this little note:
I understand your disappointment. While I voted against the stimulus and all other bailouts, I did vote for the TARP because we were told our financial system was in danger of collapsing. And you are right, we politicians have to be accountable. I hope you will consider my whole record.
Well, I have considered your “whole record” and I hope your other constituents have as well. Let’s take a look at it, shall we?
- Inglis voted against Iraq War troop surge of 2007
- Inglis supports an energy tax under Cap & Trade
- Inglis has came out against offshore oil drilling
- Inglis voted against regulating the subprime mortgage industry in 2007
- Inglis voted to restrict independent grassroots political committees
Aside from a few wisely cast votes on immigration and gun rights, Inglis has a decidedly anti-liberty voting record. Looking back, many of his votes turned out to be badly misguided mistakes. Can we afford to send this man back to congress, yet again? Can Bob Inglis be trusted to make the right decisions? I say no.
Hopefully, the good people of S.C. are beginning to realize what many of us already knew, which is that Bob Inglis is part of the problem, not part of the solution.
The Obama administration is sending out its henchmen to disrupt the townhalls and intimidate citizens who oppose the current health reforms on the table.
Thugs from SEIU, ACORN and LaRAZA are now crowding out concerned citizens at these events, as Obama calls in reinforcements.
To help push back, HCAN — whose members include ACORN, or the Association of Community Organizers for Reform Now, the AFL-CIO, the Service Employees International Union, the National Education Association and the National Council of La Raza — issued some instructions of their own. The memo, e-mailed Tuesday to HCAN’s 120 field staffers in 44 states, encourages activists to contact elected officials before public events to plan ways to pre-empt the opposition.
“Ask the Member’s staff what would be most helpful and talk through a strategy for making sure the right messages don’t get drowned out by chaotic protesters,” field director Margarida Jorge advised. The memo’s introduction says she has “years of union organizing experience” and has “laid out tactics for people attending town halls to follow to blunt the right.”
Another one of Ms. Jorge’s tips is to “Address the [member of Congress] directly with a positive message: Remember, these Members need cover and they are getting beaten up by right wing zealots in these meetings.” link
The intimidation continues with the Whitehouse issuing a call for citizens to report individuals or websites who oppose the current health care reform bill.
There is a lot of disinformation about health insurance reform out there, spanning from control of personal finances to end of life care. These rumors often travel just below the surface via chain emails or through casual conversation. Since we can’t keep track of all of them here at the White House, we’re asking for your help. If you get an email or see something on the web about health insurance reform that seems fishy, send it to email@example.com. link
Notice that the Whitehouse is asking that citizens who simply engage in “casual conversation” be reported. This is clearly an effort by the administration to create a enemies list and chill any dissent.
Far left columnist Paul Krugmen of the NYT has even trotted out the tired old racist argument, suggesting that citizens oppose Obama’s health care agenda because of the color of his skin.
The driving force behind the town hall mobs is probably the same cultural and racial anxiety that’s behind the “birther” movement, which denies Mr. Obama’s citizenship. Senator Dick Durbin has suggested that the birthers and the health care protesters are one and the same; we don’t know how many of the protesters are birthers, but it wouldn’t be surprising if it’s a substantial fraction.
And cynical political operators are exploiting that anxiety to further the economic interests of their backers.
Does this sound familiar? It should: it’s a strategy that has played a central role in American politics ever since Richard Nixon realized that he could advance Republican fortunes by appealing to the racial fears of working-class whites.
Many people hoped that last year’s election would mark the end of the “angry white voter” era in America. Indeed, voters who can be swayed by appeals to cultural and racial fear are a declining share of the electorate. link
The administration and its far left supporters have sank to a new low with these tactics and attacks. I do not believe opponents of Obama’s health care agenda will be intimidated. I certainly hope they won’t be. The issue is too important to American citizens, especially the elderly, who don’t want to see their health care system be taken over by an incompetent and corrupt government.