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Pelosi Plan Makes Millions of People Pay Fines (Socialized medicine)
Heritage Foundation ^ | November 3, 2009 | Ernest Istook

Posted on 11/03/2009 6:06:25 AM PST by La Lydia

Nancy Pelosi’s healthcare plan presumes that about 8-14 million American workers will pay fines rather than buy health insurance. Unless they do, there’s a $167-billion hole in her financing plan...Like the rest of us, this group would face higher-than-ever insurance prices under Pelosi’s proposed bill.

Pelosi, President Obama, and others claim they will make coverage cheaper, yet the official projection relies upon millions who would prefer to pay fines rather than join their system. In some cases the individuals would pay the penalty; in others their employers would pay...

The plan is built around a major contradiction. Only if it fails to make insurance more affordable would the bill generate the promised $167-billion by fining people who would still remain uninsured. Why? Because insurance would become more expensive, thus increasing the disincentives to buy coverage.

Premiums under the new government-run “public option” will probably be higher than from private insurance, according to the CBO...The AP reports that “premiums in the public plan would be higher than the average for private plans.” Rather than inducing private carriers to lower their premiums, other experts agree that private insurance will also be costlier under Pelosi’s plan, as insurers pass along the tax increases.

Yet Pelosi claims the measure will bring “lower costs for every patient” by “lowering healthcare costs for all of us.” Obama campaigned on a promise that the plan would save families $2,500 a year in lower premiums. He doesn’t mention that figure anymore...

This is not a “millionaire’s tax.” It’s a tax on the uninsured...“the working poor.” Only a fraction of these Americans might receive some form of subsidy... Yet sponsors claim they will finance the plan by collecting $167 billion in taxes from the uninsured! It contradicts the very premise of the legislation.

(Excerpt) Read more at newsmax.com ...


TOPICS: Business/Economy; Politics/Elections
KEYWORDS: obamacare; penalties; taxes
Even worse than as advertised.
1 posted on 11/03/2009 6:06:26 AM PST by La Lydia
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To: La Lydia

Those who are unemployed, which will be around 10%, will pay nothing. There is no way the 111 new commissions and bureaus that are included in the ObamaCare nightmare can be financed except with trillions of worthless dollars borrowed from the Chinese.


2 posted on 11/03/2009 6:10:29 AM PST by kittymyrib
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To: La Lydia

Come and get me, coppers!

Just another way for them to make innocent folks criminals.


3 posted on 11/03/2009 6:13:41 AM PST by ozark hilljilly (Can I opt-out of Obamaland?)
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To: ozark hilljilly

Dream on. If you have a job, they will take it out of your salary like they already take federal income tax, FICA, etc.


4 posted on 11/03/2009 6:16:06 AM PST by La Lydia
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To: La Lydia

IF it passes it will start a nationwide resistance to avoid paying for it.

And when the federales try to collect people will start shooting back.

And when millions are arrested and detained America will storm the prisons and release their friends and neighbors, states will secede.

Health care offices will be vandalized, workers will be “taunted”.


5 posted on 11/03/2009 6:17:09 AM PST by Eye of Unk ("If there must be trouble, let it be in my day, that my child may have peace." T. Paine)
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To: La Lydia

I don’t have a salary.


6 posted on 11/03/2009 6:18:26 AM PST by ozark hilljilly (Can I opt-out of Obamaland?)
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To: La Lydia

Will it be declared a felony?? Don’t buy insurance, lose your gun rights?


7 posted on 11/03/2009 6:20:52 AM PST by GeronL (http://tyrannysentinel.blogspot.com .... I am a rogue nobody. One of millions.)
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To: ozark hilljilly

Then they will require you to include your fine in your quarterly payments.


8 posted on 11/03/2009 6:24:33 AM PST by La Lydia
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To: La Lydia
Dream on. If you have a job, they will take it out of your salary like they already take federal income tax, FICA, etc.

Yep, by the time these crooks are done, our whole paychecks will be signed over to the government. People will have to work at gunpoint, because there will be no incentive to produce.
9 posted on 11/03/2009 6:26:15 AM PST by Overtaxed Patriot (Lock and load)
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To: Eye of Unk
And when the federales try to collect people will start shooting back.

May I make a suggestion? I would suggest that the first targets be the fools that vote this into law.
10 posted on 11/03/2009 6:27:11 AM PST by Overtaxed Patriot (Lock and load)
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To: La Lydia

As soon as the liberals realize THEY will be paying more, and not those evil rich making more than $250,000 the poop will hit the fan.


11 posted on 11/03/2009 6:27:38 AM PST by TexasFreeper2009 (Obama lied, the economy died)
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To: La Lydia

What quarterly payments? Sales tax?
What if I refuse? Which gets us back to my original statement.
What if millions of us refused?
Or at the very least a few 100 thousand?
They could never enforce this.


12 posted on 11/03/2009 6:28:30 AM PST by ozark hilljilly (Can I opt-out of Obamaland?)
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To: Eye of Unk

Sounds like a movie screenplay........


13 posted on 11/03/2009 6:31:51 AM PST by Osage Orange (Obama's a self-made man who worships his own creator...............)
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To: ozark hilljilly

If you have an income, for instance, if you are self-employed, and you are not paid a salary from which taxes can be withheld, the government requires you to pay quarterly installments on your income tax. I hope this doesn’t come as unwelcome news to you! The “what if we refused” argument sure feels good, but do you really want them to come and take your house? They can, they have and they will.


14 posted on 11/03/2009 6:34:07 AM PST by La Lydia
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To: La Lydia

Thank you for your concern, but I have already made legal arrangements should the worst happen.
To say any more would be to say too much to a stranger.


15 posted on 11/03/2009 6:41:17 AM PST by ozark hilljilly (Can I opt-out of Obamaland?)
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