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Healthcare takeover contain $52 billion in new taxes (from CBO.Gov)
CBO.Gov ^

Posted on 03/20/2010 7:49:22 AM PDT by RDTF


(Excerpt) Read more at ...

TOPICS: Business/Economy; Constitution/Conservatism; Front Page News; Government; Politics/Elections
KEYWORDS: congress; obama; obamacare; taxes
The health care takeover contains $52 billion in new taxes on employers who already cannot afford to pay their employees health care
1 posted on 03/20/2010 7:49:22 AM PDT by RDTF
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2 posted on 03/20/2010 7:55:54 AM PDT by mnehring
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Cut the BS, it will be in the trillions. Be prepared for huge tax increases.
3 posted on 03/20/2010 7:57:54 AM PDT by Logical me (Oh, well!!!)
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The employers will just fire the workers before having to pay fines or additional taxes.
4 posted on 03/20/2010 7:58:47 AM PDT by tobyhill
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Mass. State Treasurer Timothy P. Cahill (I): RomneyCARE
is bankrupting Massachusetts and will do the same nationally.

"Romney admitted ... that about half of the real costs of "extending
coverage to the uninsured... is covered by federal tax dollars.

Mr. Romney's RomneyCARE is doing what entitlements do: crowding
out private insurers, compounding the cost explosion, walking the state toward rationing.

From CATO (the whole article is worthwhile): "Of the 133,000 people who have signed up for insurance since the plan was
implemented, slightly more than half have received totally free coverage."

"Health Care Speechwriter for Edwards, Obama & Clinton Now Without Health Insurance"
I'm a critic because what Washington is talking about doing
has made health insurance unaffordable in Massachusetts.

"Small businesses bridle at health insurance hikes (Romneycare strangles Mass. businesses)
some really bad news from Blue Cross-Blue Shield: His company's health insurance rates are going up 47 percent in January."

" Rationing medicine has already begun
… government-
run health care has introduced rationing and waiting lists and cost the lives of the people under its provisions."


"President Obama's newly confirmed regulatory czar defended the
possibility of removing organs from terminally ill patients without their permission."

"You can't reap these savings without limiting patients' choices in some way," said Paul Levy, CEO of Beth Israel Deaconess."

"State plan may place limits on patients' hospital options( Mass. RomneyCare )"

"Romney Visits Nebraska, Talks Health Care [where he defends Romneycare] "

"Paying the Health Tax in Massachusetts [Romneycare]
Unless we ponied up for a pricier policy we
neither need nor want-or enrolled in a government-sponsored insurance plan-we
would have to pay $1,000 each year to the state.
How did we become outlaws?"

The Massachusetts debacle, coming soon to your neighborhood."
The state's overall costs on health programs have increased by 42% (!) since 2006."

A Very Sick Health Plan; Bay State's 'Grand Experiment' Fails [RomneyCare]

Health care in Massachusetts: a warning for America [Romney brings Mass. to its knees]
The Bay State's mandatory insurance law is raising costs, limiting access, and lowering care. "

"'Severe' doc shortage seen hiking wait time
"The shortage is getting more severe""

"Health costs to rise again.( RomneyCare )
The state's major health insurers plan to raise premiums by about 10 percent next year"

"Nation's ill-advised to follow Mass. plan [Health plan a failure]
September 17, 2009 The canary is dead."

"Bay State Insurance Premiums Highest in Country - Boston Globe August 22, 2009"

"Massachusetts: the laboratory for ObamaCare"

"Massachusetts' Obama-like reforms increase health costs, wait times [RomneyCare]
Premiums are growing 21 to 46 percent faster than the national average"

"Mass. Pushes Rationing to Control Universal Healthcare Costs (RomneyCare)"

"1,000 cancer patients 'refused treatment'"

"Massachusetts Universal Healthcare System Breaking Down Already"

"Hospital patients 'left in agony'"

"Mr. Romney should have known better before signing on to this not-so-grand experiment, especially since the state's "free market" reforms that he boasts about have proven to be irrelevant when not fictional.
Only 21,000 people have used the "connector" that was supposed to link individuals to private insurers."

A Very Sick Health Plan; Bay State's 'Grand Experiment' Fails [RomneyCare]
Even though the Bay State commenced its program with a far smaller percentage of uninsured residents than exists nationwide,
"RomneyCare" is threatening to bankrupt the state."

"Dem Congresswoman Admits Obama Health Care Plan Will Destroy Private Health Insurance Industry"

"Romney's mistreatments a sick man,"

Where is RINO Romney AND THE other RINOS
as the Dems push through ObamaCARE?

Answer: The RINO coward is hiding, sending out his saboteurs
against Gov. Palin and all conservative GOP stars again,
selling his ghostwritten book, helping Gore push the fraud of climate change,
and attacking the "tea party".
5 posted on 03/20/2010 8:02:04 AM PDT by Diogenesis ("Resistance to tyrants is obedience to God." --Thomas Jefferson)
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If this were the whole story, it would read:

Obamacare to cost $900+ billion, but raises only $52 billion in taxes to pay for it.

6 posted on 03/20/2010 8:40:36 AM PDT by Wuli
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Health-Care Bill Would Increase Taxes On Wages, Investments

The health-care bill would raise $438 billion in new taxes over the next decade, mainly from high-income taxpayers and fees on the health care industry.

For the first time, the Medicare payroll tax would be applied to investment income, beginning in 2013. A new 3.8 percent tax would be imposed on interest, dividends, capital gains and other investment income for individuals making more than $200,000 a year and couples making more than $250,000.

The bill also would increase the Medicare payroll tax by 0.9 percentage point to 2.35 percent on wages above $200,000 for individuals and $250,000 for married couples filing jointly.

The new tax on investment income is higher than the 2.9 percent tax proposed by Obama. House Democratic leaders increased it so they could reduce the impact of a new tax on high-cost health insurance plans strongly opposed by labor unions.

7 posted on 03/20/2010 9:00:28 AM PDT by SmartInsight
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