The Obamacare Individual Mandate Tax for Dummies
safari
2012/07/01 03:12:11
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21 votes
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18 votes
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No thanks, i do not wish to purchase that pack of gum.
OK, tax on that will be $2.35
I thought I was getting free healthcare by having other people pay for it.
I just realized I am the other people.
Liberal Logic. Don't even try to figure it out.
Top Opinion
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darcie lamar 2012/07/01 03:31:23
Why the individual mandate?
These days many conservatives dislike the use of a healthcare mandate to expand insurance coverage. But it wasn't always this way.
In fact, the very idea of an individual healthcare mandate originated from the conservative think-tank The Heritage Foundation.
Moreover, many prominent conservatives have supported the use of the individual healthcare mandate. Some noteworthy conservatives who have supported individual healthcare mandates are:
-President George H. W. Bush
-Speaker Newt Gingrich R-GA
-Senator Orrin Hatch R-UT
-Senator Charles Grassley R-Iowa
-Senator Bob Bennett R-UT
-Senator Christopher Bond R-Missouri
-Senator John Chafer R-RI
-Rep. Bill Thomas R-CA
-And at least 16 other GOP Senators who have since retired from the Senate
http://mittromneycentral.com/...
You people continue to Bit*h about all your freedom's and liberties' being stolen from you, yet you continue to let them decide how much of your paycheck you should keep. Makes know sense to me at all.
A: No, with very few exceptions. The first $250,000 in profit from the sale of a personal residence won’t be taxed, or the first $500,000 in the case of a married couple. The tax falls on relatively few — those with high incomes from other sources.
http://www.factcheck.org/2010...
http://www.factcheck.org/2010...
So if we say "profits from selling YOUR home" we would be talking to less than 1% of people selling thier residential and vacation homes.
http://www.nytimes.com/2012/0...
My own opinion is that if someone thinks they are so invincible that they don't need health insurance and end up in the emergency room with injuries that they can't afford the rest of us WITH insurance shouldn't have to pay for. But we all pay for them anyway. TAX the moochers.
A TAX for NOTHING!
What a great image, and so true! I doubt if all those who think they are getting
something for nothing will like the true cost.
fact the only other tax is 3% on capital gains above 250,000.
home sales are considered capital gains, but it only affect those with incomes over 250,000. end of story.
The New World Order loves to extract taxes from the American people. It was not a coincidence that the Federal Reserve and the individual income tax came into existence at nearly the exact same time nearly 100 years ago.
During his time as governor of Massachusetts, Mitt Romney significantly raised taxes. The following is an excerpt from a CBS News article….
"Mitt Romney’s Harvard MBA and gold-plated resume convinced many business leaders he would follow in the tradition of corporate-friendly Republicans when he was elected governor of Massachusetts in 2002.
Within three years, some had a vastly different opinion, after Romney’s efforts raised the tax bill on businesses by $300 million."
but I would like a link to source on the claims about Romney if you have them plz. I just googled that and don't find anything to substantiate.
Meanwhile does this give a picture of his "helping America" ... the proof is in his record.
http://www.realromneyrecord.c...
According to the Los Angeles Times, “Mitt Romney utilized shell companies in two offshore tax havens to help eligible investors avoid paying U.S. taxes, federal and state records show.”
And recently, the Wall Street Journal and the New York Times reported that it appears Romney is personally avoiding taxes by holding assets offshore.
Citizens for Tax Justice said that, “honest taxpayers are the losers” when Romney and Bain avoid taxes overseas.
http://www.realromneyrecord.c...
Romney has repeatedly claimed that he helped create over 100,000 jobs while at Bain. Romney’s claims on job creation are so absurd that the Washington Post wrote they “do not pass the laugh test” and Fortune Magazine called them “False.” That’s because Romney is taking credit for the current jobs at a company that he was involved in years ago and taking credit for another company’s growth over a 12-year period when he was involved for less than 2 months. He went so far as to take credit for the current success of a company that has been bought and sold three times over two decades.
http://www.realromneyrecord.c...
MITT; I cut taxes 19 times as MA governor
Q: In 2005, when you were the governor of Massachusetts, you successfully appealed to Standard & Poor's to upgrade your state's credit rating. You said you used a combination of spending cuts and new revenues to put Massachusetts on a more sound financial footing. You even approvingly cited a tax increase passed by the Democratic state legislature. Doesn't this show that sometimes raising taxes is necessary?
A: No. I don't believe in raising taxes. And as governor I cut taxes 19 times and didn't raise taxes. Let's step back and talk about the first part what you said. I was fortunate enough to be a governor that got an increase in the credit rating in my state. Republicans and Democrats worked together in Massachusetts to cut spending. I came in, we had a huge deficit. We cut spending. Every single year I was governor we balanced the budget. That kind of leadership is what allowed us to get a credit upgrade from Standard & Poor's. And that's the leadership we finally need in the White House.
Source: Iowa Straw Poll 2011 GOP debate in Ames Iowa , Aug 11, 2011
Raised MA taxes by 5%, via $700M in fees
I consistently supported President Bush's tax cuts, Mitt Romney initially opposed them, and then changed his mind--as he has...
MITT; I cut taxes 19 times as MA governor
Q: In 2005, when you were the governor of Massachusetts, you successfully appealed to Standard & Poor's to upgrade your state's credit rating. You said you used a combination of spending cuts and new revenues to put Massachusetts on a more sound financial footing. You even approvingly cited a tax increase passed by the Democratic state legislature. Doesn't this show that sometimes raising taxes is necessary?
A: No. I don't believe in raising taxes. And as governor I cut taxes 19 times and didn't raise taxes. Let's step back and talk about the first part what you said. I was fortunate enough to be a governor that got an increase in the credit rating in my state. Republicans and Democrats worked together in Massachusetts to cut spending. I came in, we had a huge deficit. We cut spending. Every single year I was governor we balanced the budget. That kind of leadership is what allowed us to get a credit upgrade from Standard & Poor's. And that's the leadership we finally need in the White House.
Source: Iowa Straw Poll 2011 GOP debate in Ames Iowa , Aug 11, 2011
Raised MA taxes by 5%, via $700M in fees
I consistently supported President Bush's tax cuts, Mitt Romney initially opposed them, and then changed his mind--as he has on just about every issue important to true conservatives.
During his single term as governor, Mitt Romney raised taxes 5 percent in Massachusetts, the state already known as "Taxachusetts." His cuts to local governments forced them to increase property taxes to the highest level in a generation. He his them by calling them "fees" and boasted that he never raised taxes, and the amazing thing was that most of the national press fell for it, especially those who wrote for many of the conservative news outlets. The Romney spin machine was effective (albeit expensive) in convincing many people that he had a conservative record as a governor, when in fact he raised "fees" by about $700 million.
Source: Do The Right Thing, by Mike Huckabee, p. 14 , Nov 18, 2008
Mitt: Fees are appropriate for the government to provide services
Q: As governor of Massachusetts, you raised hundreds of millions of dollars in additional revenue through so-called fees and loophole closings. You passed a health care bill forcing individuals to buy insurance on the threat of a fine. How do you reconcile that policy with your claim to be the authentic conservative?
A: I mentioned fees, and it’s appropriate if the state is providing a service to someone that’s not a requirement to have a car or a driver’s license, but instead, let’s say, we’re going to be taking out an oil tank from your back yard because it’s leaking into the ground and the state’s going to provide that service. But to charge a fee sufficient to do so makes a lot of sense. So the fees ought to be adjusted from time to time to compose the amount of what the cost is of providing that service. If there hasn’t been a fee raised in a couple of decades, you probably have some inflation in there you ought to adjust for.
Source: 2008 Republican debate at Reagan Library in Simi Valley , Jan 30, 2008
That middle one says it all. stupid sheeple!!!
The responses ranged from "what tax?" to "i thought only the people who don't have insurance will pay the tax" and of course, the private messages that said "I agree with you but don't want to get political on FB"
I don't have the time or will to educate the world on all that is wrong with this tax plan.
The loopholes to avoid this tax will devastate many jobs, like cut employees to working less than 120 hrs per month, or a boss paying a fine along with his 10 employees fine, but still not getting insurance.
1231 companies do not have to comply along with our entire goverment system's employees. The rest of us, pay more!