Posted on 05/24/2010 9:20:01 PM PDT by 20 YR Mil Retired
What We Oppose
•The very idea of government-controlled health care – a system that inevitably will lead to rationing of care, reductions in quality of care, and limitations in personal medical choices
•Forcing individuals to purchase health insurance or else be punished with a special new tax
•Mind-numbing levels of new spending and taxing in Washington to run government-controlled health care
•Hiring 16,000 new IRS agents to collect the new taxes imposed by ObamaCare
•Slashing our Senior’s safety nets by raiding Social Security and Medicare to help pay for government-controlled health care
(Excerpt) Read more at revereamerica.org ...
Penalties on Individuals
Individuals must pay a yearly tax penalty of $695 or up to 2.5% of their annual income if they cannot prove they have purchased a government-approved health care policy.
Penalties on Families
Families must pay a yearly tax penalty of $347 per child – up to $2,250 per family – if parents cannot prove they have purchased a government-approved health care policy.
Penalties on Employers
Business owners with more than 50 employees must buy health insurance approved by the government or, if at least one employee receives a tax credit, pay yearly penalty of $2,000 per employee.
Tax on “Cadillac” Health Plans
Starting in 2018, a 40% annual tax on health care plans with a value of $10,200 for individuals and $27,500 for families will be imposed.
Medicine Cabinet Tax
Americans would no longer be able to use health savings account (HSA), flexible spending account (FSA), or health reimbursement (HRA) pre-tax dollars to purchase non-prescription, over-the-counter medicines (except insulin).
Tax on Medical Aid Devices
A new 2.9% tax on medical aid devices with some exemptions for certain personal use items.
Medicare Tax Increase
Single people earning $200,000 or more and couples earning $250,000 or more must pay an additional 0.9% in Medicare taxes.
Tax on Investment Income
A 3.8% annual tax on investment income of individuals making $200,000 or more and couples making $250,000 or more. The new tax is not indexed to inflation so more people will be subject to it each year. Seniors on fixed incomes and people with IRAs and 401(k) plans will be hit particularly hard.
Tax on Tanning
Imposes a 10% tax on services at tanning salons. Business owners will collect the tax from customers and send it to the Federal government. This appears to be the first Federal sales tax in the United States.
While we’re at it, let’s get rid of all the other socialist federal programs like medicare, medicaid, social security, workers comp, unemployment, food stamps, and all the other programs put in by commies like Roosevelt, Truman, Kennedy, LBJ and other democrat presidents with the help of RINO republicans.
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Rasmussen says 63% of Americans want ObamaCare repealed.
Damn those 63% fringe extremists!
Signed!
Signed it and thanks!
Signed
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