I wonder if Hopey will gloat in his "victory" speech? It'd be like the captain of the Titanic having a "Welcome to New York City" party after he hit the iceberg.
It just astounds me that people cannot see how horrible this is. It's like a private pool that people have to pay to swim in turning toxic. And, instead of doing the logical thing and treating the pool and turning the filter back on, the people who DID NOT pay demand to come on in and swim, too. And we LET THEM!
Fire Goodell
Array title="Mach1 has a reputation beyond repute">
A lot of business's will find a way to cut and trim to get under 50 too. The fine is closer to $3000 per.
This will stymy any growth or expansion in those business's as well.
And the there's this.
Can't wait to see obaaama repeatedly spike the football on this from now till election day.Top 10 Most Expensive Obamacare Taxes and Fees
1. Hospital Insurance Tax. Beginning in 2013, Obamacare increases the Hospital Insurance (HI) portion of the payroll tax from 2.9 percent to 3.8 percent for families earning more than $250,000 a year and for single filers earning more than $200,000 annually. The increased HI tax is also applied to investment income for the first time. The 3.8 percent surtax on investment income is the most economically damaging tax in Obamacare. And these tax increases won’t remain just on families making more than $250,000 a year for long. As the JEC explains, this tax is not indexed to inflation: “This means that in just 10 years from now, the so-called ‘high-income’ thresholds will have effectively ratcheted down to $152,000 and $190,000 in today’s dollars.” This tax increase amounts to $210 billion between 2013 and 2019.
2. Mandate Penalties. In 2014, Obamacare’s individual and employer mandates go into effect, forcing individuals to purchase coverage and employers to offer coverage to their workers. The penalties paid in association with these mandates are an estimated $65 billion between 2014 and 2019.
3. Health Insurance Provider Fee. Starting in 2014, Obamacare imposes an annual fee on health insurance providers based on each company’s share of the total market. This totals a $60 billion tax hike between 2014 and 2019.
4. “Cadillac” Tax. In 2018, Obamacare puts a new 40 percent excise tax on “Cadillac” health plans, meaning plans that cost more than $10,200 for an individual and $27,500 for families. However, this tax is not indexed to medical inflation, causing it to eventually tax “Honda” plans at this rate as well. The JEC points out that “[t]he bulk of revenues from the ‘Cadillac’ tax would not be paid by platinum health insurance plans, but rather by employees who are forced to exchange tax-free health insurance benefits for taxable wages after employers reduce or eliminate health insurance.” This tax amounts to $32 billion in higher taxes in the first two years of its implementation.
5. Prescription Drug Fees. Since 2011, Obamacare has put an annual fee on manufacturers and importers of branded drugs based on each individual company’s share of the total market. Between 2011 and 2019, this will amount to a $27 billion tax increase.
6. Ethanol Tax. In 2010, Obamacare excluded ethanol from the existing cellulosic biofuel producer tax credit. This will hike taxes $24 billion from 2010–2019.
7. Medical Device Tax. Beginning in 2013, Obamacare imposes a 2.3 percent excise tax on medical device manufacturers. This will raise taxes on patients needing medical devices, who will ultimately pay the tax through higher prices, by $20 billion from 2013 to 2019.
8. Business Regulation Costs. Beginning in 2012, Obamacare raises corporate taxes through stricter enforcement, because businesses will be required to report more information on their business activities. This will raise taxes $17 billion from 2012 to 2019.
9. Reducing Medical Deductions. In 2013, Obamacare raises the floor on itemized medical deductions from 7.5 percent of adjusted gross income to 10 percent, meaning Americans must spend 2.5 percent more of their income before they get a medical deduction, costing $15 billion from 2013 to 2019.
10. FSA Limits. Starting in 2014, Obamacare limits the amount of pre-tax dollars that taxpayers can deposit in flexible savings accounts (FSAs) to $2,500 a year. This results in an extra $13 billion in taxes from 2014 to 2019.
These are only 10 of Obamacare’s 18 tax increases. The economic damage from these tax hikes is one of many reasons Congress needs to repeal Obamacare and start from scratch to properly reform the health care system.
http://blog.heritage.org/2012/04/18/...axes-and-fees/
Give a lib a fish--he eats for a day
Teach a lib to fish--he is back the next day asking for more free fish.
ΜΟΛΩΝ ΛΑΒΕ
Array title="LLT has a reputation beyond repute">
1.75 TRILLION dollar tax increase. The single largest tax increase in HISTORY!!!Originally Posted by X-Terminator
"I believe the game is designed to reward the ones who hit the hardest. If you can't take it, you shouldn't play"
-- Jack Lambert --
Bear in mind, even in the "tax and spend" equation here, there will not be anywhere near enough money to cover the costs. We will STILL have to borrow trillions from China. The costs will balloon out of control quickly. Since the government is in charge, it will be mismanaged, inefficient and corrupt. And, again, there is not a single real provision in this piece of shit anywhere that does a single thing to manage ever-increasing price increases or mitigate costs in the healthcare industry.
Fire Goodell
Is the Pope Catholic?
The House will vote to repeal this again ASAP.
Dow down 131
NASDAQ down 39
S&P down 13
Hospital stock jump (makes sense...they are now on the government tit for previously uninsured).
Romney raised 300k in the first HOUR after SCOTUS fucked up.
Fire Goodell
Insurers like Wellpoint and Cigna stock down as this will likely cut into their profits...Romney speaking...says SCOTUS did not say this is a good law, or even good policy, just that it didn't violate the constitution.
Fire Goodell
The same way Bush still gets blamed for EVERYTHING now, perhaps?
Repeat after me:
Bu-bu-bu-Bush!
I singlehandedly got OBL!
Bu-bu-bu-Tea Party!
I singlehandedly got OBL!
Bu-bu-bu-damn obstructionist House Republicans!
I singlehandedly got OBL!
Bu-bu-bu-Europe!
I singlehandedly got OBL!
Bu-bu-bu-sunspots!
I singlehandedly got OBL!
Bu-bu-bu-meteor showers!
And did I mention I singlehandedly got OBL?
Romney framed the debate nicely: "If we want to get rid of Obama care, we are going to have to replace President Obama"
I like to see the battle lines clearly drawn.
Fire Goodell
Hooray for Barry!
I'm afraid we're getting four more years, unfortunately...
Yeah, but the Dem. Senate will just put that fire out.
This is just crazy though, and I can't believe that the SC found this constitutional as a tax.
And Obama would veto it. Obviously. That's not the point...the point is to keep this issue on the front burner.
The justices knew this was going to be a "case for the ages". I think Roberts opinion was 59 pages long. Ginsburg's was 61. The dissenters was 65 pages long. Only Thomas had a little two-pager.
Fire Goodell
One last comment on this an then I'm done. If this had to go down this way, at least SCOTUS ruled that Congress can't abuse the Necessary and Proper Clause or the Commerce Clause to slap hidden costs on the US public. This way it's a tax, and the people can see and feel the burdens of it versus the benefits and decide if they like it.
However, THAT was the reasoning behind waiting until 2014 for implementation of most of the provisions. It hearkens back to Pelosi's "You'll have to vote for it to see what's in it" absurdity. 2014 is, obviously, two years after the election. People cannot vote against future tax burden they cannot possibly see and feel until it actually stings them. The ONLY thing I could see that might happen is that insurers, who are being mandated to be more generous with their benefits in the future, may just go ahead and fast-track the huge premium increases way ahead of time. That's how they operate: When the speed limit was raised to 70, insurance premiums shot up. When the speed limit was REDUCED to 55, premiums........stayed the same. I'd not be shocked to see them try to recoup future losses or profit crimps by hanging heavy premium increases on everyone immediately. Translation: Don't be surprised to see 20-30% premium increases in the very near future...
Fire Goodell
Array title="Godfather has a brilliant future">
The bad part isn't even the policy itself. It's the precedent we just set.
Even if Obamacare is repealed, or the system implodes, there's still the precedent that you can be FORCED to buy a product or service from a private company. That, along with Kelo, is the end of economic freedom in America.
The sad thing is liberals are too stupid to see that the real losers today are the 99%, and the winners are the special interests who can lobby Congress for mandates of their own.
Array title="Godfather has a brilliant future">
I'd like to revisit this issue in the courts. If it's a tax, then it's unconstitutional because tax bills must originate in the House.
Maybe there will be another day in court...
"It is not our job to protect the people from the consequences of their political choices." - Chief Justice John Roberts in his decision.
Fire Goodell
Array title="Godfather has a brilliant future">
Especially with no right to opt out. Telling a seller to get bent is one of the most important price controls in any market.
Array title="Mach1 has a reputation beyond repute">
Exactly. Whats going to stop them from saying every house, every building in the country has to have a solar panel on it made by a company like solyndra or every kitchen has to have a fridge and stove made by ge.
Give a lib a fish--he eats for a day
Teach a lib to fish--he is back the next day asking for more free fish.
ΜΟΛΩΝ ΛΑΒΕ
Array title="smokin3000gt has a reputation beyond repute">
Maybe I'm dumb, naive , or stupid but isn't that EXACTLY what his job is??
PATRIOTS**
BUNGLES
Steelers - 18 Bengals - 16 #0in25 #anotherseasonBungled
-Ī HTG Ī-
Array title="vader29 has a reputation beyond repute">
Two patients limp into two different medical clinics with the same complaint.
Both have trouble walking and appear to require hip surgery.
The FIRST patient is examined within the hour, is x-rayed the same day and has a time booked for surgery the following week.
The SECOND sees his family doctor after waiting 3 weeks for an appointment, then waits 8 weeks to see a specialist, then gets an x-ray, which isn't reviewed for another week and finally has his surgery scheduled for 6 months from then pending the review boards decision on his age and remaining value to society.
Why the different treatment for the two patients?
The FIRST is a Golden Retriever taken to a vet.
The SECOND is a Senior Citizen on Obama care...
In November if He and his Czars get another term we'll all have to find a good vet.
Array title="Godfather has a brilliant future">
It's already that way. Dogs have higher quality, less expensive care than we do thanks to a number of factors. One is that veterinary medicine is fee for service--no middlemen deciding what's necessary, no red tape, no need for a massive number of administrative employees to fight for payment. Yet Obamacare doubles down on that problem.
More stuff I'm reading/seeing/hearing...
A conservative doctor in Colorado called into NPR's "Talk of the Nation". She claimed that one of the reasons that the provision to cover kids up to 26 is so popular is that parents are abusing the prescription coverage of ADHD drugs...prescriptions have gone up by a factor of 5 since this kicked in. There are going to be myriad BAD unintended consequences...
But, Hope...GOP needs just FOUR seats in the Senate (and, of course, a Romney WH) to pull the exact same procedural trick the Dems used to foist this lump of shit off on the American public to repeal it. 51 votes will do it. Reconciliation is parlor trick that cuts both ways...here's how it would work:
Under reconciliation the Senate Budget Committee could instruct the Senate Finance Committee to reduce mandatory spending on insurance subsidies and Medicaid expansion. These two items make up more than 90% of spending in Obamacare. All the changes from all the committees are then bundled into one measure and voted upon. Because reconciliation is protected by the rules of the budget process, it doesn't take 60 votes to bring it up and it requires only a simple majority to pass.
Fire Goodell
Array title="zulater has a reputation beyond repute">
Yep. He'll ride the momentum of this right to another term. Of course once Obama care becomes the law of the land and people see how screwed up things can actually get they'll wish they never heard of Barry. But the damage will already have been done.Hooray for Barry!
I'm afraid we're getting four more years, unfortunately...
"A man's got to know his limitations."
Array title="Count Steeler has a reputation beyond repute">
Won't happen that quickly.
Now you too can enjoy "free" health care. Canada, eh?
I actually disagree...all the same people who were lukewarm or even tepid on Romney may now coalesce around him. He is the ONLY option to boot this POS legislation. Remember, Independent's were just as wary of Obamacare as the GOP...this could be an Obama killer. The majority of people still don't want it. Now we see clear battle lines drawn. It doesn't even matter that Romneycare was the template. Romney himself knocked that right down. A good fit for one state does not automatically extrapolate into a good fit for all. Something like 63% of people in Mass. STILL hold their healthcare change in positive regard, and Romney's narrative all along was that what was good for Massachusetts is NOT good for the whole USA. Now he's got two MOAB's in his arsenal against Obama...
Fire Goodell
Both of these clowns brought me the health care mandate.
Gee... I can't wait to vote this November.
It's ironic that people are already starting to go back to the "ya gotta vote for the Republican so we don't end up with liberal Justices" argument. That's exactly what they said about Dubya's second term and that's what got us Roberts.
It's not enough to vote for the Republican. You have to make sure that the Republican actually believes in conservatism. Otherwise, this is what you end up with.
On the bright side, we now have a SC majority opinion that says this big-government-socialism stuff is not authorized by the interstate commerce clause or the necessary and proper clause. We already knew that, but now we have an opinion that says it officially. The Feds also cannot deny the States Medicare funding for refusing to tow the line.
This is a very big deal; perhaps even bigger than Obamacare itself in the long run. But you *are* stuck with Obamacare... at least until the budget implodes. We're looking at a Republican House and Senate (short of a supermajority), but neither candidate will actually repeal Obamacare.
/stop voting for half-ass Republicans and stop listening to the idiots who tell you you have to "compromise".
"You've heard people brag about 'being in the zone'. They don't know what the Hell being in the zone is about. I played in the NFL for 15 years and I was only in the zone that one time." - "Mean" Joe Greene on the 1974 playoff victory over Oakland
It's not often that we agree, but that's about the long 'n' short of it.
"You've heard people brag about 'being in the zone'. They don't know what the Hell being in the zone is about. I played in the NFL for 15 years and I was only in the zone that one time." - "Mean" Joe Greene on the 1974 playoff victory over Oakland
Romney talking smack about Obamacare is like Obama talking smack about the PATRIOT Act. He's not going to do squat about it because he's bankrolled by the same people.
"You've heard people brag about 'being in the zone'. They don't know what the Hell being in the zone is about. I played in the NFL for 15 years and I was only in the zone that one time." - "Mean" Joe Greene on the 1974 playoff victory over Oakland
That just about sums it up.Yeah, this pretty much seals it for me. Time to drain the swamp and get rid of all of these bums - Democrat AND Republican.
GoSlash is right. How many more times are we going to allow ourselves to be screwed over by voting for liars, cheats and thieves before we say enough is enough? I know I'm already there. It doesn't matter who gets in office, or who gets appointed to any office, we the people get it up the butt without any lube. This law should have been sent to the shredder the second it reached the SCOTUS, but instead, we're going to end up paying through the nose and adding billions of dollars to the debt, with less and less care as we get older. Yip, yip, yippee!
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