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Read the bill: Obamacare socks middle class with $3.9 billion tax increase
washington examiner ^ | 4/13/10 | Mark Hemingway

Posted on 04/13/2010 12:44:11 PM PDT by Nachum

One more small detail they forgot to tell you about in the health care bill:

Taxpayers earning less than $200,000 a year will pay roughly $3.9 billion more in taxes — in 2019 alone — because of healthcare reform, according to the Joint Committee on Taxation, Congress’ official scorekeeper for legislation.

The new law raises $15.2 billion over 10 years by limiting the medical expense deduction, a provision widely used by taxpayers who either have a serious illness or are older.

(Excerpt) Read more at washingtonexaminer.com ...


TOPICS: Front Page News; Government; News/Current Events
KEYWORDS: class; flipflop; middle; middleclass; middleclasstaxhike; nonewtaxes; obamabreakspromises; obamacare; obamaflipflops; obamalies; tax; taxhike

1 posted on 04/13/2010 12:44:12 PM PDT by Nachum
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To: Jet Jaguar; NorwegianViking; ExTexasRedhead; HollyB; FromLori; EricTheRed_VocalMinority; ...

The list, ping

Let me know if you would like to be on or off the ping list


2 posted on 04/13/2010 12:44:44 PM PDT by Nachum (The complete Obama list at www.nachumlist.com)
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To: Nachum

But...but...but...Obama promised health care would be FREE!


3 posted on 04/13/2010 12:45:52 PM PDT by fatnotlazy (Never forget!)
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To: Nachum

Copy the thread link and email to everyone you know as well as Rush, Hannity, Beck, Savage; get the word out. We The People are already enraged; this treason is icing on no cake!


4 posted on 04/13/2010 12:46:20 PM PDT by ExTexasRedhead (Clean the RAT/RINO Sewer in 2010 and 2012)
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To: Nachum

Let’s pray the “Not one single dime” goes the way as “Read my lips...”


5 posted on 04/13/2010 12:46:59 PM PDT by autumnraine (America how long will you be so deaf and dumb to the chariot wheels carrying you to the guillotine?)
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To: Nachum

Obama gone in four...Worst President in U.S. history!


6 posted on 04/13/2010 12:54:37 PM PDT by AngelesCrestHighway
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To: autumnraine

hard to compare what Bush 41 said to what this pos has been yelling for months
Bush 41 was duped by the Dems and for that alone he deserved to lose
0dumbo crafted and sold the lie all by himself


7 posted on 04/13/2010 12:54:50 PM PDT by RWGinger
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To: ExTexasRedhead
Obamas media was just telling us last week how everyone who made under 200K paid less taxes last years because of Obams keeping his promise to cut taxes to 90 percent of Americans even though only 50 percent pay taxes that could have been cut, and now this. Its like a shell game, which shell has our money... Hmmm, they all do!
8 posted on 04/13/2010 12:55:18 PM PDT by seastay
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To: Nachum

yes and the are reducing health care not making it more available....


9 posted on 04/13/2010 12:57:25 PM PDT by dalebert
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To: Nachum
"I can make a firm pledge, under my plan, no family making less than $250,000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes."

-Barack Hussein Obama

10 posted on 04/13/2010 1:12:29 PM PDT by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
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To: Nachum

It also raises taxes on people who use a Flexible spending account. Used to be that you could put aside whatever you wanted for health expenses. Now the limit is $2500.

We used to put aside 5K every year. This limit would cost us another $800 or so in taxes every year if we werent retired now.


11 posted on 04/13/2010 1:16:33 PM PDT by freespirited (I'm against a homogenized society because I want the cream to rise. --Robert Frost)
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To: RWGinger

I wasn’t establishing blame, I was saying his statement will hopefully go down in history as the phrase that brings him down, among other things.


12 posted on 04/13/2010 1:20:23 PM PDT by autumnraine (America how long will you be so deaf and dumb to the chariot wheels carrying you to the guillotine?)
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To: autumnraine

ah
point taken and I am with you.
0dumbo has many phrases that should take him down
and SOON


13 posted on 04/13/2010 1:37:08 PM PDT by RWGinger
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To: Oldeconomybuyer

It doesn’t even seem like he cares what he said, it was just what the people who elected him wanted to hear. They elected him for promises that he had really no intention of keeping. He probably doesn’t think he was lieing, because he never said those things, he read them from the teleprompter. It’s harder to remember things you read when you are trying to make them sound meaningful. Pretty much everything he says comes out in little 3- or 4-word chunks, as they come up on the telepromter screen.

“I can make........ a firm pledge,........under my plan ........no family making less........ than $250,000 a year ......... will see any form ........... of tax increase.........Not your ........income tax,.......... not your payyroll tax,........not your.............capital gains taxes,.........not any ............. of your taxes.”


14 posted on 04/13/2010 1:50:12 PM PDT by webheart (I am a Sarah fan.)
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To: Nachum

bump


15 posted on 04/13/2010 4:17:46 PM PDT by opentalk
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To: freespirited

As far as I can tell, that applies to Flexible Savings Accounts, but not to Health Savings Accounts. HSA isn’t mentioned anywhere in the bill, I think.

We have an HSA. I hope there won’t be any further changes to HSA plans.


16 posted on 04/13/2010 4:32:16 PM PDT by savedbygrace (You are only leading if people follow. Otherwise, you just wandered off.)
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To: Nachum

Obamacare eliminates the middle class.


17 posted on 04/13/2010 5:30:29 PM PDT by screaminsunshine (i)
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To: Nachum

HA!

Only if we STILL HAVE JOBS, that is.

They can dream up all they want, but the truth is that we are in a deflation, and people will have less and less money. Period.


18 posted on 04/13/2010 5:35:19 PM PDT by TruthConquers (Delendae sunt publicae scholae)
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To: savedbygrace
I hope there won’t be any further changes to HSA plans.

Since HSA's are funded with pre-taxed dollars, I'm thinking there will be.

We have HSA's too, in addition to incredibly expensive poor insurance. We like the HSA's though..

19 posted on 04/13/2010 5:51:27 PM PDT by prairiebreeze (Send a contribution to FreeRepublic! Every dollar helps!)
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To: freespirited
Now the limit is $2500

The reduction doesn't go into effect for a couple more years. I think it 2012, but I am to lazy to look it up..

20 posted on 04/13/2010 6:09:19 PM PDT by EVO X
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To: autumnraine

http://www.youtube.com/watch?v=A10PvpbPJZw


21 posted on 04/15/2010 5:30:56 AM PDT by wally_bert (It's sheer elegance in its simplicity! - The Middleman)
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