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ObamaCare's Tax Shock Is Far Worse Than Predicted
Investor's Business Daily ^ | 04/29/2015 | Staff

Posted on 04/29/2015 8:33:06 AM PDT by IBD editorial writer

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To: Unmarked Package

Worse yet, try being in a position where HHS doesn’t accept your income information, not even gross income with no expenses claimed. Your insurance company will bill with no subsidy, and you may be liable retroactively for the subsidy amount for a couple months. My insurance co. sent me a bill (due today) for over $2100.


41 posted on 04/30/2015 3:19:15 AM PDT by Paul R.
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To: CivilWarBrewing

Never trust a democrat on any issue they made the mess we are in now.


42 posted on 04/30/2015 8:12:57 AM PDT by Vaduz
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To: notdownwidems
I don't think they raised tax rates. The massive change in some of our taxes was due to health care taxing. If you're health care is too good and company provided then you pay a tax er a penalty er a whatever for your privilege. That money will be given to those who are subsidized or don't pay anything.
43 posted on 04/30/2015 8:22:25 AM PDT by veracious
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To: Red Badger

I’m still waiting for the whining to start over line 61 on the 1040. There’s a little bitty box there that must be checked if the filer already has health insurance. If not one must file form 8-—. And I’ll bet if the box ain’t checked and the form ain’t there then the refund won’t be there either. Since the program is new, the box is new and most folks just won’t see it. One of our local bidness guys says over 60% of filers are missing it. Let the dimokrat odumbo voting whining begin.


44 posted on 04/30/2015 10:51:26 AM PDT by cherokee1 (skip the names---just kick the buttz)
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To: hondact200

That has already happened. Recreational item sales are way down since 08. Lots of dealerships went under even here in “rich” Connecticut.


45 posted on 04/30/2015 6:51:23 PM PDT by kneehurts
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To: All
O/Care passed by an historic Democrat party-line vote w/ a massive, multi-billion-dollar slush fund that was deliberately kept hidden from us "stupid taxpayers" by self-serving Grubercrats.

=========================================

The Untraceable $8 Billion ObamaCare PR Budget---truly govt fraud at its finest. Egged on by Pelosi, Democrats slavishly voted for Obamacare by an historic straignt-party line vote.

Not one Democrat told Americans about Obamacare's Section 4002---which mandates an $8B untraceable fund to "promote" Obamacare (apparently b/c Boobamba had so little confidence in his signature legislation).

THE PAYOFF--WHO GOT THE MONEY? In 2010 Taxpayers are extorted $500 million, in 2011, $750 million, 2012, $1 billion, 2013, $1.25 billion, 2014, $1.5 billion, and, in 2015 and on, $2 billion

<><> Where is all that money going?

<><> Was cashing-in the incentive in getting the thing passed?

The sound of West Wing wire-transfers to states and to offshore banks is almost palpable.

46 posted on 05/01/2015 4:51:51 PM PDT by Liz (Another Clinton administration? Are you nuts?)
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To: All
O/Care is a presidential blunder of Ceaucescu-esque proportions......a titanic tsunami taking down everything in its path.

The O/Care con artists are on a crime spree to work the dismal numbers----lots more tricks up their sleeves. Enrollees got conned into this scheme.. The enrollee numbers are so low, Obama ordered HHS to pump the numbers to dupe the taxpaying public into thinking the atrocity is popular....

==================================================

Some observers note that the Democrat-controlled Senate passed Obamacare "after a series of unsavory transactions that purchased the aye votes of several shrewdly extortionate Democrats"....with a huge pile of money still unaccounted for.

The most unsavory was then-Sen Landrieu's $4.3 billion "Louisisana Purchase."

THE PAPER TRAIL IS HUGE Sen Landrieu (recently lost her reelection bid) sold her aye vote in what Forbes Magazine dubbed "The 'Louisiana Purchase" that included a massive $4.3 Billion to Landrieu

FORBES REPORTED the Democrats’ nailed Landrieu’s support for Obamacare w/ a greenback bribe. Landrieu, critics believe, pledged her vote in exchange for some $200 million more additional federal funds for Louisiana. Except that, due to a (cough) "drafting error," the law ended up giving Louisiana $4.3 billion: more than twenty times the assigned amount.

MORE HERE http://www.forbes.com/fdc/welcome_mjx.shtml

===============================================

BACKSTORY In the fall of 2009, Sen. Harry Reid (D-Nev.) was trying to get the necessary 60 Dimocrat votes to pass the Affordable Care Act. He needed every Dim on board, which gave waffling senators a great deal of leverage. In Landrieu's case, she connivingly saw that selling her aye vote could get her maybe $200 million federal dollars. Obama complied. Reid chalked up another vote for Obamacare----not the measly $200 million but $4.3 billon was attached to the Obamacare bill earmarked for Landrieu.

=================================================

How $4.3 billion to Landrieu was calculatedly attached to the Obamacare bill, and how Obama and Reid (cough) "failed to catch and fix it," is yet another indictment of the Obamacare atrocity.

The $4.3 billion handoff to Landrieu should be investigated as an indication of how EVERY Democrat came to vote for Obamacare....and how tax dollars were laundered to get lock-stepping Democrats' votes.

FBI TIPS PAGE https://tips.fbi.gov

47 posted on 05/01/2015 4:53:21 PM PDT by Liz (Another Clinton administration? Are you nuts?)
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To: All
O/Care is a huge money-laundering operation---everybody got a cut. From F/L Michelle and her pal who made zillions botching the rollout web site using a phony company---to Obama admin insiders...Jonathan Gruber, and of, course, salivating Dumbocrats.

============================================

The Untraceable $8 Billion ObamaCare PR Budget---truly govt fraud at its finest. We still do not know where these billions went.---O/care allocated some $6 billion tax dollars which has yet to be traced.

===================================================

REFERENCE---- ACA SEC. 4002. PREVENTION AND PUBLIC HEALTH FUND.

(a) PURPOSE. It is the purpose of this section of the Affordable Care Act (Obamacare) to establish a Prevention and Public Health Fund (referred to in this section as the ‘‘Fund’’), to be administered through the Department of Health and Human Services, Office of the Secretary, to provide for expanded and sustained national investment in prevention and public health programs to improve health and help restrain the rate of growth in private and public sector health care costs.

(b) FUNDING.—There are hereby authorized to be appropriated, and appropriated, to the Fund, out of any monies in the Treasury not otherwise appropriated—

(1) for fiscal year 2010, $500,000,000;
(2) for fiscal year 2011, $750,000,000;
(3) for fiscal year 2012, $1,000,000,000;
(4) for fiscal year 2013, $1,250,000,000;
(5) for fiscal year 2014, $1,500,000,000; and
(6) for fiscal year 2015, and each fiscal year thereafter, $2,000,000,000.

(c) USE OF FUND.—The Secretary shall transfer amounts in the Fund to accounts within the Department of Health and Human Services to increase funding, over the fiscal year 2008 level, for programs authorized by the Public Health Service Act, for prevention, wellness, and public health activities including prevention research and health screenings, such as the Community Transformation grant program, the Education and Outreach Campaign for Preventive Benefits, and immunization programs.

(d) TRANSFER AUTHORITY.—The Committee on Appropriations of the Senate and the Committee on Appropriations of the House of may provide for the transfer of funds in the Fund to eligible activities under this section, subject to subsection (c).

=============================================

WHERE IS THE MONEY?

FBI TIPS PAGE https://tips.fbi.gov

48 posted on 05/01/2015 4:54:03 PM PDT by Liz (Another Clinton administration? Are you nuts?)
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