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Keyword: insurancetax

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  • Paying for Obamacare

    05/17/2015 12:10:59 PM PDT · by george76 · 7 replies
    ap ^ | May 17, 2015
    As Alice in Wonderland might say, a curious tax just got curiouser. The burden to states could mount to $13 billion in less than a decade. ... It works like this: State governments pay insurers for the tax. The insurers then pay the tax to the federal government. The federal government then reimburses part of the cost to the states. It may sound absurd, but it's not amusing to state governments, which wind up losing 54 cents for every dollar of the insurance tax. State taxpayers end up the biggest losers, without any added benefit to their state's low-income Medicaid...
  • Wait til the kids find out they're the ones paying for O-Care

    06/29/2012 9:33:59 AM PDT · by wildbill · 41 replies
    http://Vanity | 6/29/2012 | wildbill
    Wait til the kids find out they have to pay up for insurance. This Obamacare tax is going to hit the young people who voted for Obama hard in their disposable income. The truth is that most young people who are out on their own, living as single adults simply don't buy insurance because (a)they think they aren't going to need it for a long time. (b)they want to spend their money on cars, cosmetics, partying, etc. (c)they'll wait until they are married with families. Oh, but some will say it won't cost them because they can stay on Daddy's...