"Obamacare" Is A Major Tax Cut For Middle Class Families
ProudProgressive
2012/07/06 13:34:45
In the wake of the Supreme Court's decision upholding the constitutionality of the Patient Protection and Affordable Care Act, the Right Wing Media has been working overtime trying to spin the acts provisions into "the largest tax increase in history", when not only is the penalty provision in the Act not a tax, and not only will it only apply to about 2% of the population, but overall the Act represents the largest middle class tax CUT in American history.
Right Wingers never do allow reality to interfere with their destructiveness, do they?
Article excerpt follows:
Right Wingers never do allow reality to interfere with their destructiveness, do they?
Article excerpt follows:
Obamacare Is A Major Tax Cut For Middle Class Families | Following the Supreme Court’s Affordable Care Act ruling, Republicans — including Mitt Romney — have vigorously insisted that the Affordable Care Act is a tax on the American people. But instead of being a tax increase, Obamacare will provide millions of families with large tax credits to make health care more affordable. Only about 1 percent of Americans who could afford health care but don’t buy coverage would have to pay the tax, and the penalty would only be an average of $600. The Center for American Progress shows how Obamacare is actually a major tax cut for many families:
Read More: http://thinkprogress.org/health/2012/07/05/511486/...
Top Opinion
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R. 2012/07/06 14:27:50
And I have a great price on a bridge in Brooklyn I’d like to sell you.
My wife and I are also in the high risk pool and now we will be forced to pay an extra tax and have to buy insurance for us that we can't afford! I still say its unconstitutional to force me to buy health insurance...and liberals please don’t bring up car insurance because if you don’t want to pay car insurance then don’t buy a car, to not have this health insurance you either need to leave the USA or die!
If we assume all of your numbers are right, if we assume that bias has not interfered with the math, etc... What gives the government, or anyone at all, tell me I must purchase a product? Don't I have the right to spend the money I make anyway I please? I do not believe it is anyone else's job to force me to live their way, and if the law was "all Americans must purchase and keep a firearm, or face a tax penalty. I would be fighting just as hard for the peoples right to think and decide for themselves, no matter how stupid the decision.
American education is failing this nation. It's the only explanation I can come up with to explain why people believe it when liberals tell us that their hidden tax increase on people is actually a tax cut, because it's the employer that's paying for it.
Second the roughly 4 million mark is assuming that somehow 16 million middle class Americans who currently can not afford insurance somehow will get it anyway. This is not a tax cut; it is a tax hike.
Obama swore no new taxes on those making less than $250K a year. His administration is still lying by saying it's not a tax. Give it up.
Oh it also excludes taxes on items such as all medical devices which will effect you regardless of your income plus another half dozen or so taxes.
Please let us start with simple math, since it is obvious you cannot think beyond the first grade.
Average cost of a family insurance policy from 2011 data
$15,073-$5,210=$9,863 INCREASE COST, on the average family that does not currently have insurance
From the Kaiser Foundation
"The Kaiser Family Foundation reported this week that the average health insurance premium for a family rose to $15,073 in 2011. According to the U.S. Census Bureau, more than 7 million Americans don't even earn $15,000 a year.
Read more: http://www.ctpost.com/news/ar...
I am sorry you are so ignorant, God help us if the majority of the nation is as ignorant as you.
finally flatulates his opinion.