Obama Calls for Increasing Payroll Taxes on ‘Households’ Earning Less Than $250K Per Year

resident Obama presented a new health care plan on Monday that calls for raising the Medicare payroll tax on some households earning less than $250,000, an apparent breach of his campaign pledge not to raise taxes on families earning less than that amount. The president’s plan also calls for increasing taxes on interest, dividends, annuities, royalties and rents.

In a Sept. 12, 2008 campaign speech in Dover, N.H, Obama said: “And I can make a firm pledge: Under my plan, no family making less than $250,000 will see their taxes increase—not your income taxes, not your payroll taxes, not your capital gains taxes, not any of your taxes.”

But the new health care plan released in summary form yesterday by the White House specifically calls for increasing the Medicare payroll tax on “households with incomes exceeding $200,000 for singles and $250,000 for married couples filing jointly.”

Unless President Obama is prepared to say that the only type of “family” that qualifies as a “family” under his tax pledge is one that is formed around a "married couple filing jointly" than his new health care proposal violates his 2008 tax pledge on its face. The Internal Revenue Service, for example, makes clear that the “head of household” tax filing status is for “unmarried” taxpayers. A definition of the term “head of household” on the IRS Web site says: “Generally, you may claim head of household filing status on your tax return only if you are unmarried and pay more than 50% of the costs of keeping up a home for yourself and your dependent(s) or other qualifying individuals.”

The White House posted the president’s tax increase proposal as part of the summary of the new health-care reform bill he is proposing.

“Under current law, workers who earn a salary pay a flat tax of 1.45 percent of their wages to support the Medicare Hospital Insurance (HI) trust fund, but those who have substantial unearned income do not, raising issues of fairness,” says the summary of Title IX of the president’s proposal. “The Act will include an additional 0.9 percentage point Hospital Insurance tax for households with incomes exceeding $200,000 for singles and $250,000 for married couples filing jointly. In addition, it would add a 2.9 percent tax for such high-income households to unearned income including interest, dividends, annuities, royalties and rents (excluding income from active participation in S corporations).”

Last August, after Treasury Secretary Timothy Geithner and National Economic Council Director Lawrence Summers appeared on Sunday talk shows and seemed to float the possibility that Obama would violate his campaign promise by raising taxes on people earning less than $250,000, White House Spokesman Robert Gibbs repeatedly and emphatically said that they president had made a commitment not to do so. At that time, Gibbs did not speak of the president’s tax pledge as if it applied only to “families,” but said the president had made a commitment not to raise taxes on “those making less than $250,000 a year.”

“Let me be precise: The president's clear commitment is not to raise taxes on those making less than $250,000 a year,” Gibbs said at the Aug. 3 White House press briefing.

When reporters pressed him on the issue, Gibbs said: “I am reiterating the president's clear commitment in the clearest terms possible, that he’s not raising taxes on those who make less than $250,000 a year.”

OBAMANOMICS--TRICKLE DOWN DESTRUCTION of the economy

SET THEIR LOCAL AND DC LINES ON FIRE!

Sen. Scot Brown's number is 202-224-5443

Capitol Hill switchboard is 202-224-3121

Lots of local demwit phone numbers on this thread.

http://www.freerepublic.com/focus/news/2408217/posts

Rename, repackage, rewrite it a tad smaller, and sell another pig in a poke.

Tennessee has joined several other states in trying to pass a Health Care Freedom Act. NO COLAs for granny, retired Military or retired fed employees. BIG NEW fees for Tricare for Life retired over 65 Military's secondary health ins. (DOD bill already passed, delayed but goes into effect 2011)

http://www.navytimes.com/news/2009/10/military_tricarefees_blocked_100709w/

New Dem mantra: Woof, woof eat dog food granny....ala let them eat cake.

OBAMA’s WAR ON SENIORS

Friday, February 19, 2010

Obama says slight fix will extend Social Security

http://townhall.com/news/us/2010/02/19/obama_says_slight_fix_will_extend_social_security

Health Care Rationing for Seniors Another Problem in New Obama Plan

http://www.lifenews.com/bio3058.html

Socialized Med Thread

TRI CARE FOR LIFE This from a google search:

http://economicspolitics.blogspot.com/2009/05/tricare-for-life-is-obama-trying-to.html

This option would help reduce the costs of TFL, as well as costs for Medicare, by introducing minimum out-of pocket requirements for beneficiaries. Under this option, TFL would not cover any of the first $525 of an enrollee’s cost-sharing liabilities for calendar year 2011 and would limit coverage to 50 percent of the next $4,725 in Medicare cost sharing that the beneficiary incurred. (Because all further cost sharing would be covered by TFL, enrollees could not pay more than $2,888 in cost sharing in that year.)

http://www.cbo.gov/ftpdocs/99xx/doc9925/12-18-HealthOptions.pdf

http://www.vawatchdog.org/09/hcva09/hcva110609-1.htm

Bill Would Restrict Veterans’ Health Care Options 11/06/09

Buyer and McKeon Offer Amendments to Protect Veterans and TRICARE Beneficiaries

Congress plans to block Tricare fee increases
http://www.armytimes.com/news/2009/10/military_tricarefees_blocked_100709w

By Rick Maze - Staff writer, Oct 7, 2009

Tricare fee increases imposed last week by the Defense Department will be repealed by a provision of the compromise 2010 defense authorization bill unveiled Wednesday by House and Senate negotiators.

Snip

The fee increases were announced on Sept. 30 and took effect on Oct. 1, but the defense bill, HR 2647, includes a provision barring any fee increases until the start of fiscal 2011.

Snip

Retired Army Maj. Gen. Bill Matz, president of the National Association for Uniformed Services, said the announcement of fee increases was shocking considering that the Obama administration promised earlier this year to hold off on any new fee Tricare fee increases until fiscal 2011.

“President Obama and DoD assured NAUS and the entire military family earlier this year that there would rightly be no increases in any Tricare fees” in fiscal 2010, Matz said. “We took them at their word, and I can’t believe that a co-pay increase like this was allowed to go forward,” he added.

Bambi doesn't keep his promises...so buyer beware.

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