Governor Palin: Here Is What Quietly Happened On January 1, 2015

conservatives4palin.com ^ | 7 August, 2016 | Sarah Palin

[ScaniaBoy]

Sarah Palin quotes Mike Decker on her FB-page and posts this sheet of tax increases.

Of course the GOP had a majority in the House on 1 January 2015, but these tax increases were built into the Affoardable Care Act of 2009, and the republican congress had never tried to change it.

That's one side of the coin - now for those who missed Donald Trump's speech on ecnomic reforms here it is:

http://rsbn.tv/watch-donald-trump-delivers-remarks-in-detroit-mi-live-stream/

History never repeats itself but sometimes it rhymes, and what we see now is as close a one can get to a replay of the 1980 election between Reagan and Carter. Tax redcuctions, reduced regulations on one side, tax increases and more regulations on the other side. The choice is yours .

[nascarnation]

Actually the real estate transaction tax went into effect in 2013 and is 3.8%. But realize it applies to capital gains (not a sales tax) >$250k AGI.

http://www.realtor.org/small_business_health_coverage.nsf/docfiles/government_affairs_invest_inc_tax_broch.pdf/$FILE/government_affairs_invest_inc_tax_broch.pdf

[LucyT]

[RightGeek]

bttt

[Buckeye McFrog]

Gads! John Roberts was right!
It IS a tax!!

[nikos1121]

the republicans are doing a bang up job telling us about this, and Romney and Ryan did too.

[Brown Deer]

Donald Trump Full Economic Plan Speech in Detroit, Michigan (August 8, 2016)

[Mr. Douglas]

The amount of AFTER TAX money I’ve saved by not having health insurance since the inception of Obamacare is staggering.

[ScaniaBoy]

That’s ironic isn’t it? In a way he was right.

[M Kehoe]

Bttt.

5.56mm

[RitaOK]

Ryan Republicans don’t have to vote *for* this stuff. Like Cruz they can campaign by smoking up the place with words and word-play, but then pull tricks similar to cloture and hide their own advancement of the very agenda they rail against.

You know what? We Republican conservatives, like the Black American community, are on the same damn plantation. Hardly a shred of difference in how we get played.

Blacks and conservatives ought to get together and bust out.

[AZLiberty]

It was only when I was helping my parents with their taxes this year that I learned that (a) the capital gains tax rate had gone up from 15% to 20%, and (b) there was now an additional Obamacare surcharge of 3.8%, making the total tax rate 23.8% instead of 15%.

“If you like your money, you can keep your money.”

[nascarnation]

Hey good for them.
That means taxable income > $465,000
I applaud their success!

[philman_36]

John Roberts was right! It IS a tax!!

Exactly what I was trying to tell others so many months ago.

Reading the actual text of the arguments plainly showed what the question before the SC was.

7

67

Once again I go to the decision for an answer, not an article...

That is not the end of the matter. Because the Commerce Clause does not support the individual mandate, it is necessary to turn to the Government’s second argument: that the mandate may be upheld as within Congress’s enumerated power to “lay and collect Taxes.”

If the question hadn't been raised it wouldn't have been necessary to address. Since it was it had to be...and it was.

The Affordable Care Act is constitutional in part and unconstitutional in part. The individual mandate cannot be upheld as an exercise of Congress’s power under the Commerce Clause. That Clause authorizes Congress to regulate interstate commerce, not to order individuals to engage in it. In this case, however, it is reasonable to construe what Congress has done as increasing taxes on those who have a certain amount of income, but choose to go without health insurance. Such legislation is within Congress’s power to tax.
The individual mandate is another progressive income tax.

AND CONGRESS KNEW ALL ALONG!! I'm not going to look for it, but the debate is all in the Congressional Record.

[AZLiberty]

I didn’t say THEY made enough money to be in that bracket. But I aspire someday to be in that bracket.

[joesbucks]

The medicare tax rate is unchanged from 2015.

[ScaniaBoy]

OK, but the raise happened 1 January 2015

[KC_Lion]

Thank You for the Ping LucyT!

To Sarah's List.

Corporations don't pay Taxes. The Middle Class always pays them because the cost is passed along to YOU.

Good timing with Trumps Speech today in Detroit.

For those who haven't seen it: http://ilovemyfreedom.org/trumps-5-best-moments-todays-economic-speech-video/

[joesbucks]

It’s still 1.45%

[ScaniaBoy]

I admit I did not check the figures before posting, and not living in the US I am not current with the insurance rates or tax rates. However, I went to a site (the IRS) to get some information and it says:

As a result of the enactment of the Affordable Care Act
(ACA), effective for wages paid on or after January 1,
2013, the Medicare tax rate increases from 1.45 percent
to 2.35 percent on wages earned above $200,000 for
single filers and $250,000 for joint filers ($125,000 for a
married individual filing separately). This increase only
applies to the employee Medicare portion of the Federal
Insurance Contributions Act (FICA) tax.

I guess one should never trust anything on the Internet until one has checked it. The figures here seem to be correct but the date was 1 January 2013.