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The Republicans' really, really big lie
Philadelphia Inquirer ^ | 07/08/2012 | Dick Polman

Posted on 07/08/2012 8:16:40 AM PDT by Kid Shelleen

Politicians have been lying since the dawn of the republic. Calling them out is an exercise in futility, roughly akin to handing out speeding tickets at the Indy 500.

But, every so often, a lie is so shamelessly brazen that it behooves us to bemoan it

---- snip---

But the GOP's new tax claim is in another league. So let's bridge the chasm between the lie and the truth:

Obama's supposedly sweeping tax — his penalty for noncompliance — will be levied on a grand total of 1.2 percent of the American people.

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


TOPICS: News/Current Events
KEYWORDS: obamacaretaxes
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To: Kid Shelleen

So why exactly does the IRS needs 6000 more agents?


41 posted on 07/08/2012 10:10:09 AM PDT by HarleyD
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To: Kid Shelleen

Really? The author of this is DICK POLMAN?


42 posted on 07/08/2012 10:11:19 AM PDT by SoFloFreeper
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To: Kid Shelleen
his penalty for noncompliance — will be levied on a grand total of 1.2 percent of the American people.

This idiot doesn't grasp the difference between "truth and lie" an opinions.

Children in adult bodies.
What has happened in the past is fact, therefore truth or lie, depending on the observer.
What is in the future cannot be a fact under any circumstances, therefore cannot be truth or lie, merely opinion.

Why would anyone waste their time reading anything written by a fool?

43 posted on 07/08/2012 10:22:54 AM PDT by publius911 (Formerly Publius 6961, formerly jennsdad)
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To: Kid Shelleen

How can you go from “tens of millions” of uninsured to only 1.2% of people not being insured after the mandate becomes law? Only if the vast majority of the uninsured decide to buy the insurance — and pay much higher premiums than the ones they couldn’t afford before the mandate became law — instead of paying the fine which will be much cheaper (at first).

As usual, the liberal’s math is way off.


44 posted on 07/08/2012 10:28:09 AM PDT by Random_User_250
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To: Kid Shelleen

Lets forget about the penalty and talk about the other taxes associated with Obamacare.

How about the 3.8% tax on home sales, and the other taxes?


45 posted on 07/08/2012 10:39:48 AM PDT by Venturer
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To: Venturer

How about the 3.8% tax on home sales, and the other taxes?


Do you know if the current $500,000 exclusion on home sales will be eliminated and replaced by this ?


46 posted on 07/08/2012 10:59:31 AM PDT by patriotspride
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To: Kid Shelleen

Dick, you’re worse than a liar, you’re a fool; in fact you’re worse than a fool, you’re a willing fool:

By 1913, 36 States had ratified the 16th Amendment to the Constitution. In October, Congress passed a new income tax law with rates beginning at 1 percent and rising to 7 percent for taxpayers with income in excess of $500,000. Less than 1 percent of the population paid income tax at the time.http://www.policyalmanac.org/economic/archive/tax_history.shtml

Social Security Act in 1935. This law provided payments known as “unemployment compensation” to workers who lost their jobs. Other sections of the Act gave public aid to the aged, the needy, the handicapped, and to certain minors. These programs were financed by a 2 percent tax, one half of which was subtracted directly from an employee’s paycheck and one half collected from employers on the employee’s behalf. The tax was levied on the first $3,000 of the employee’s salary or wage.http://www.policyalmanac.org/economic/archive/tax_history.shtml

Between 1949 and 1962 the payroll tax rate climbed steadily from its initial rate of 2 percent to 6 percent. The expansions in 1965 led to further rate increases, with the combined payroll tax rate climbing to 12.3 percent in 1980. Thus, in 31 years the maximum Social Security tax burden rose from a mere $60 in 1949 to $3,175 in 1980.

Despite the increased payroll tax burden, the benefit expansions Congress enacted in previous years led the Social Security program to an acute funding crises in the early 1980s. Eventually, Congress legislated some minor programmatic changes in Social Security benefits, along with an increase in the payroll tax rate to 15.3 percent by 1990. Between 1980 and 1990, the maximum Social Security payroll tax burden more than doubled to $7,849.http://www.policyalmanac.org/economic/archive/tax_history.shtml


47 posted on 07/08/2012 11:19:53 AM PDT by gusopol3
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To: BitWielder1
ObamaCare imposes substantial additional taxes and medical costs; until repealed it will contribute substantially to our economic woes and extend the recession depression. Until repealed, it will continue to contribute greatly to the regulatory uncertainty that depresses private business investment and hiring.

That's among the reasons I suggested here (while also detailing the adverse consequences of ObamaCare) that Governor Romney attack the rest of ObamaCare (RomneyCare was different in myriad ways as explained at the link) but emphasize its economic consequences.

48 posted on 07/08/2012 11:28:17 AM PDT by DanMiller (Dan Miller)
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To: Kid Shelleen

‘Obama’s supposedly sweeping tax — his penalty for noncompliance — will be levied on a grand total of 1.2 percent of the American people’.

Exactly so who’s going to pick up the tab for the lazy freeloaders, who sit in the back of the cart while the middle class work their butts off? You got it the middle class for the largest tax hike in American history.


49 posted on 07/08/2012 12:06:53 PM PDT by kenmcg (t)
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To: patriotspride

http://www.findmywayhome.com/real-estate-market-news/3-8-real-estate-sales-tax-goes-into-effect-2013-part-of-health-care-bill/


50 posted on 07/08/2012 12:43:34 PM PDT by Venturer
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To: Kid Shelleen

Only 1.2% of the public do not buy health insurance? BS! The number is much larger than that. The Philadelphia Inquirer lies flat out! All you have to do is look at the number of people on unemployment, 8.6%, and add in the people who just do not consider it to be worthwhile, and you are way above 1.2%.


51 posted on 07/08/2012 12:48:18 PM PDT by maxwellsmart_agent
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To: Kid Shelleen

Typical idiotic static case analysis. Assumes there will be no behavior modification because of the law. If employers find it cheaper to pay the fine than the new increased premiums they will do so.


52 posted on 07/08/2012 4:10:30 PM PDT by Timocrat (Ingnorantia non excusat)
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To: Venturer

Thanks very informative.

Answered my question, and provided some good details on how/when this tax would impact someone .


53 posted on 07/10/2012 5:30:50 AM PDT by patriotspride
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