Posted on 03/23/2010 7:17:54 AM PDT by EricTheRed_VocalMinority
John Winder at Cypress Times has a sobering piece on the contents of our new health (s)care monstrosity:
President Obama and his legion, Pelosi, Reid, Stupak, et al, have said basically that once the American people get to know what’s in the healthcare legislation, they’ll actually like it. We all know how very important it is to the President and Speaker Pelosi that the American people be happy. …
… A new 3.8 percent tax will be levied on interest, dividends, capital gains and other investment income for individuals making more than $200,000 a year and couples making more than $250,000.
The Medicare payroll tax will increase by 0.9 percentage point to 2.35 percent on wages above $200,000 for individuals and $250,000 for married couples filing jointly.
Those last two taxes are important, as they target only the eeevil “rich.” It’s Obama’s way of redistributing wealth and, as he once said when lying to “Joe the Plumber,” punishing success. As with all Marxist progressive tax schemes, it will incentivize people from achieving financial wealth because they will end up being punished for it. The result is a nation where people strive for mediocrity, because mediocrity is safe. The more Americans who stay mediocre, the less money they earn. The less money they earn, the more likely they end up at what the federal government deems as the “poverty” level. The more Americans at the “poverty” level, the more they end up addicted dependents—and Democrat voters—of the welfare state. Everyone got that?
… 60% of new enrollees in health care programs will be fully subsidized by you. …
Which means the remaining 40% will have taxes siphoned out of their income to cover them, i.e., redistribution of wealth. It’s the Marxist-socialist Democrat’s wet dream. The majority of Americans will be permanent bloc of
(Excerpt) Read more at vocalminority.typepad.com ...
The bill also gives the insurance companies an additional 4 years of denying adults coverage or dropping them due to previous conditions
And that’s the scary part. I’m of the oppinion the insurance companies will take this to mean they can drop anyone who they signed up with previous existing conditions.
For instance, Aetna took me knowing I had been diagnosed with type 2 diabetes. (I’ve since gotten it under control with diet and exercise.) Now they will be able to drop me for four years. I’m sure people were signed up who had heart disease. They can be dropped. If that’s the way it reads.
Just another nail in the coffin of home building. And another way to destroy this nation.
#23 ...Australia
President Obama and his legion operate like the Vikings,loot,rape,burn,rape,kill,rape,steel,rape....
“The $200,000/$250,000 trigger points are not indexed, so in a few years, many more people will have incomes above those trigger points.”
Democrats are skilled at boiling frogs. The is just like the AMT, originally crafted only to limit tax deductions to the “undeserving” rich. Each year, millions more middle-class families have subsequently found themselves ensnared in its clutches due to the lack of an inflation index.
http://market-ticker.denninger.net/archives/2109-Health-Care-Arbitrage-Obama-And-The-Dems.html
Response: CIVIL DISOBEDENCE.
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