RobDownSouth
No Kings
- Joined
- Apr 13, 2002
- Posts
- 77,655
It's been fun today watching busybody and vetteman flail their arms and splutter their smear-du-jours.
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Remember who he is, he's the Illinois traitor who equated our troops with Nazis, KGB, and Pol Pot's Khmer Rouge.
Right on.
Rep. Steve Stockman @SteveWorks4You
Ted Cruz stayed up all night to fight ObamaCare. Obama went to bed while Ambassador Stevens was being murdered.
6:48 AM - 25 Sep 2013
Right on.
Rep. Steve Stockman @SteveWorks4You
Ted Cruz stayed up all night to fight ObamaCare. Obama went to bed while Ambassador Stevens was being murdered.
6:48 AM - 25 Sep 2013
While I have nothing against Obama going to sleep and I do commend the hard work that Cruz is putting in. It's past time you guys let that Bengazi thing die once and for all though.
Nice to see merc/MORON an his partisan posts back.![]()
Hey maybe YOU can explain to HIM what a subsidy really is![]()
Hey maybe YOU can explain to HIM what a subsidy really is![]()
Right on.
Rep. Steve Stockman @SteveWorks4You
Ted Cruz stayed up all night to fight ObamaCare. Obama went to bed while Ambassador Stevens was being murdered.
6:48 AM - 25 Sep 2013
I saw parts of that. My favorite was him reading "Green Eggs and Ham" then claiming that his father invented them.
What an awesome waste of time.![]()
Awe....how cute. UD was released from daycare
No, idiot. I'm posting from my phone between appointments with contractors at my job.
You know what a job is right? One of those things you don't have.![]()
Obama admits Obamacare raises taxes:
The bottom line to that, which Schumer was too obtuse to pick up on, was that the American people are trying Obama's green eggs and ham, and do not like them.
Merc, when they ask for income on the premium estimate worksheets do they want adjusted gross or taxable? TIA.
Obama admits Obamacare raises taxes:
Obama on Obamacare: “We did raise taxes on some things.”
And by “some things,” he means uninsured families, medical devices, workplace flex accounts, small businesses, Health Savings Accounts, savings income, uni
During his Tuesday remarks at the Clinton Global Initiative, President Obama admitted that his health care law raises taxes: “So what we did — it’s paid for by a combination of things. We did raise taxes on some things.”
“Some things” is an understatement. Below is just a partial list of Obamacare’s new or higher taxes on Americans:
Starting in tax year 2013:
Obamacare Medical Device Tax: Medical device manufacturers employ 409,000 people in 12,000 plants across the country. Obamacare imposes a new 2.3 percent excise tax on gross sales – even if the company does not earn a profit in a given year. In addition to killing small business jobs and impacting research and development budgets, this will make everything from pacemakers to artificial hips more expensive.
Obamacare High Medical Bills Tax: Before Obamacare, Americans facing high medical expenses were allowed a deduction to the extent that those expenses exceeded 7.5 percent of adjusted gross income (AGI). Obamacare now imposes a threshold of 10 percent of AGI. Therefore, Obamacare not only makes it more difficult to claim this deduction, it widens the net of taxable income.
According to the IRS, 10 million families took advantage of this tax deduction in 2009, the latest year of available data. Almost all are middle class. The average taxpayer claiming this deduction earned just over $53,000 annually. ATR estimates that the average income tax increase for the average family claiming this tax benefit will be $200 - $400 per year. To learn more about this tax, click here.
Obamacare Flexible Spending Account Tax: The 30 - 35 million Americans who use a pre-tax Flexible Spending Account (FSA) at work to pay for their family’s basic medical needs face a new Obamacare cap of $2,500. This will squeeze $13 billion of tax money from Americans over the next ten years. (Before Obamacare, the accounts were unlimited under federal law, though employers were allowed to set a cap.) Now, a parent looking to sock away extra money to pay for braces will find themselves quickly hitting this new cap, meaning they would have to pony up some or all of the cost with after-tax dollars.
Needless to say, this tax will especially impact middle class families.
There is one group of FSA owners for whom this new cap will be particularly cruel and onerous: parents of special needs children. Nationwide there are several million families with special needs children and many of them use FSAs to pay for special needs education. Tuition rates at one leading school that teaches special needs children in Washington, D.C. (National Child Research Center) can easily exceed $14,000 per year. Under tax rules, FSA dollars can be used to pay for this type of special needs education. This Obamacare tax provision will limit the options available to these families.
Obamacare Super Saver Surtax: A new, 3.8 percent surtax on investment income earned in households making at least $250,000 ($200,000 single). This tax hike results in the following top tax rates on investment income:
The rest here:
Read more: http://atr.org/obama-obamacare-raise-taxes-things-a7883#ixzz2fvtjhQ9D
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