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Well, look, he's already raised taxes on people making less than $250,000 a year. He signed into law a cigarette tax hike which obviously is not it was not written in such a way that only people who make $250,000 will pay higher taxes.
And his energy bill, his energy tax, the cap-and-trade energy tax, hit anybody who owns a light switch. So already they've tossed that thing out the window taxing people who made less than $250,000 a year.
In fact, you know what?...
In the health-care bill they've got four taxes that hit people below $250,000 a yearin the House markup, and we haven't heard one peep from the administration about opposing these. One of them is a tax on individuals with acceptable healthcare coverage. That's a 2.5 percent [tax] that starts on people who make $93,000 a year or families who make as little as $18,700 a year. They got a new employer mandate which is an 8 percent tax on employers. That's going to be paid by working people.
They have a provision that disallows the distribution of from HSAs, the health savings accounts or flexible savings account for over-the-counter drugs. It's estimated to cost people $8 billion in additional taxes and finally, they've got a what's called a comparative research tax, $2 billion, and will be levied on health insurance policies, again, which will be paid for by people who make less than $250,000 a year.
That's what they got in their own health-care bill.
I would like to see how liberals spin their way out of it.
Why Health Insurance Mandates Are A Middle Class Tax Hike
It's true that current proposals offer subsidies to help people buy insurance, but even the more generous subsidies in the House Democratic health care bill cap off at 400 percent of the federal poverty level, or $43,320 for individuals. Yet if you look at Census data, 8.5 million of the uninsured have incomes of between $50,000 and $74,999, while an additional 9.1 million have household incomes of $75,000 or more. We can't put a precise number on the full cost of the mandate to the middle class based on these statistics. For instance, Census data refers to "household" income which in some cases could mean individuals but in other cases could mean families, and we don't know how the uninsured population breaks down within the over $75,000 group (i.e., how many of them have household incomes of between $75,000 to $85,000 vs. how many are above $200,000). But what is pretty obvious is that there will be millions of middle-class Americans who won't qualify for subsidies, yet will be forced to either buy insurance or pay a fine. While people focus on the penalty aspect of it, if you're making $45,000 a year and the government begins forcing you to spend thousands of dollars each year for a product, that's a lot of money, and it's undeniably a tax on the middle-class.
And there's also something else insipid about the idea of mandates. While those advocating mandates accuse those Americans who are uninsured by choice as being burdens on the system, there's a flip side to that. Millions of the uninsured are young and healthy and simply don't spend enough on medical care each year to justify the annual cost of premiums. If Obama gets his way, they'll be forced buy something that isn't a good deal for them so that older and sicker people can obtain more affordable insurance. If liberals want to argue that it's a moral imperative that government make it affordable for sick Americans to get health insurance, they'll have to be forced to acknowledge that the cost of doing so will have to be paid by others -- and some of that burden will be borne by the middle class.
It's a different way of taxing people.
Last edited by NEPatriot; 08-04-2009 at 05:51 PM..
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