Obamacare is the biggest regressive tax increase ever perpetrated on working people in this country.
Regressive because wealthy people have a small bite taken out of their income compared to working and middle class people.
Wealthy people will be able to fly places and get less expensive healthcare than the trapped workers here in the States.
Powerful business owners will obtain more profits by shifting the burden of healthcare insurance over to the taxpayers.
Regressive because every leftist constituency that has been able: has received a waiver so not to be trapped in this tax.
Members of Congress have lobbied that their staffs have the tax paid for by the government - that is right! The taxpayers get to pay the Obamacare taxes of the people who plotted tax them unmercifully.
Add your take on tax and Obamacare please:
The State’s Role
One thing that does not get talked about with Obamacare is that it is NOT insurance.
If you cannot pay the amount the government decides that the IRS will take from you, then you will be placed into your states welfare roles. And if you get sick, and require care, the state will pay...
...THEN THE STATE WILL GO AFTER ALL YOUR ASSETS TO COVER THE COSTS. AND YOU OR GRANDMA WILL LOSE YOUR HOUSE OR OTHER BELONGINGS.
There is no good side to Obama care and making sure people were covered more than they are now is not what it does.
OBAMACARE MAKES SURE THAT THE MEDICAL-INDUSTRIAL COMPLEX HAS INCOME FROM TAKING HOMES AND ASSETS FROM PEOPLE.
DO NOT FORGET THIS
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Note from CNS News
People whose household income is too small to qualify for the subsidy will be put on Medicaid. People whose household income exceeds 400 percent of the FPL will get no subsidy at all.
According to the IRS, which responded to a CNSNews.com inquiry on the issue, a household earning an annual income that is just $1 more than 400 percent of the FPL is ineligible for an Obamacare subsidy, period.
As explained by both the IRS—which wrote the regulation governing the Obamacare subsidy—and the Congressional Research Service, which published a July 31 report on the matter (Health Insurance Premium Credits in the Patient Protection and Affordable Care Act), the Obamacare insurance-premium subsidy essentially works as a cap on the percentage of annual income an eligible person is required to pay in health-insurance premiums.
There was a Freeper a few days ago complaining about this same same thing. His subsidy payback is $12K unless he found a way around it. People closing in on 50 years of age, have to know the rules if they are taking subsidies. Somebody that just lost their work insurance, may not be up to speed on this..