If you have a small family, do you think that $20,000 dollars per year to pay for health care insurance alone is “affordable”??? Do you think that this is an improvement over your current health insurance situation?
This IRS document actually deals with the criteria for determining how much penalty would be paid by those who choose not to buy health insurance. The examples given in the document, specify some estimates of costs of health care policies for individuals and for families.
Listen to Obama promising no new taxes, see what the Congressional budget office has to say about 75% of the people who will pay Obamacare taxes have incomes below $120,000, and hear the White House Lawyer arguing the insurance mandate as a TAX, before the Supreme Court.
See the video and transcript linked below, in which Obama explains that his promise not to tax the middle class is good, because the mandated purchase of healthcare insurance (soon to be from the government only) is not a tax.
But today, THE SUPREME COURT DIFFERS, and has upheld obamacare with the argument (from Obama’s lawyers) that the mandated health care purchase IS a tax.
So, Middle Class, Obama is taxing the crap out of you, even though he promised not to, and the Supreme Court says he’s allowed to.
Hospital and healthcare stocks went up (for the reason that people don’t understand what Obamacare will eventually do to these entities). Insurance stocks fell, because most investors know that Obamacare is designed to kill them.
Pharmer believes that Republican and Tea Party chances in November have increased due to this decision.
Justice John Roberts move to the left is not really a move, in the eyes of those who have been watching him. Pharmer remembers the left leaning David Souter, who had been expected to be more conservative when he was nominated. We have something similar in Roberts, and can expect further difficulties on account of him.
The reason SCOTUS gives for accepting Obamacare, that Congress is allowed to tax us to death, can become the reason for rejecting most of the incumbents of Congress. It’s time to clean house.
One might say that the media was not expecting the Supreme Court to approve Obama’s NEW TAX on the middle class. See the Gaffes HERE!
Over the preceding months Congress has been amassing a good deal of testimony from various members of the Obama administration concerning the nature of the mandate to purchase health insurance. Even during the time that the Obama lawyers argued in favor of the new tax before the Supreme Court, they were telling us that it was not a tax. Sebelius had the most amusing story… it operates as a tax but it is not a tax.
Not to worry, it will feel like a tax, because you will get little to no return on your “investment”.
There’s an old law, called the Anti Injunction Act which says the courts can’t rule on a suit about a tax until the aggrieved persons have already had to pay the tax.
This should not apply to the health care mandate because that is not an actual tax, but is a demand that people buy health insurance and a penalty if they do not.
Obamanator’s lawyers are arguing that the health care mandate is a tax, and asking for the lawsuits against it to be thrown out. If they were right about this, further court ruling on this matter would be delayed until after April 2015, after Obamacare kicks in, and when the penalties are starting to be paid.
Office of Management and Budget Director, Jeffrey Zients was interviewed by Republican (NJ) Rep. Scott Garrett on C Span in Congress, regarding The new Obama budget which claims no new taxes for people making under $250,000 dollars.
Garrett assked Zients if a person making less than that amount does not buy health care and has to pay the mandated fine, is that a tax??? Zients said “NO” it’s not a tax.
Rep. Garrett pointed out that the Obama administration is arguing the OPPOSITE before the Supreme Court, to defend the Health Care Mandate.
Pharmer would like to point out something to the Bishops…. who would have been doing cartwheels if socialized healthcare could have been obtained without the birth control / abortion mandate. If this new budget director had any direction from the White house, Obama cares more about getting reelected than he does about accomplishing the implementation of his socialized medicine scheme. Defending the funding of the program in the Supreme court depends on calling the fine a tax. But the budget (a campaign ploy which the congress has to reject) purports NOT to raise taxes on most Americans. The health care fine / tax hits the lowest income Americans, who cannot afford health care coverage, the hardest. The Obama administration has opted to sell the 2012 budget/campaign ploy harder than means of funding Obamacare.
Read THIS, for more fun in Congress, with Jeffrey Zeints.