Posted on 09/20/2012 5:00:06 AM PDT by ETL
WASHINGTON (AP) — Nearly 6 million Americans — significantly more than first estimated— will face a tax penalty under President Barack Obama's health overhaul for not getting insurance, congressional analysts said Wednesday. Most would be in the middle class. The new estimate amounts to an inconvenient fact for the administration, a reminder of what critics see as broken promises. The numbers from the nonpartisan Congressional Budget Office are 50 percent higher than a previous projection by the same office in 2010, shortly after the law passed. The earlier estimate found 4 million people would be affected in 2016, when the penalty is fully in effect.
(Excerpt) Read more at news.yahoo.com ...
And if they ADMIT 6 million, it’s probably more like 25 million.
But but thats better be an ad now to the Middle Class Tax that Obama lied about , Please Mitt
This is from the CBO, with numbers or assumptions given by the Republican-led House. Obama did not admit to this.
This article, posted at Yahoo, illustrates my own informal poll. Look at the comments at this and other political articles. The anti Obama comments are usually overwhelmingly more popular than the pro Obama comments.
Yahoo itself is liberal, but, it seems to me that the majority of readers are very anti Obama. Gives me some hope.
More cash will be derived from the penalties they impose on an employer for not filling out a form correctly.
2010. Democrat led house.
If Romney weren’t the author of Romneycare, he could have run ads attacking Obamacare. Unfortunately, the tax penalty provision in Obamacare is one that Romney pioneered in Massachusetts. I can’t understand why the business community supported Romney when in doing so, they picked the one guy who can’t use this silver bullet to attack Obama.
It’s time for Romney to do a mea culpa about Romneycare, tell the world he was a sinner, but has seen the light, and will repeal Obamacare in its entirety.
Everyone else will have arranged for his/her own coverage and the remaining uninsured will be treated at hospitals and at the further expense of taxpayers...just like always!
HOW MANY TIMES do taxpayers get to pay for the same uninsured.
Years ago my brother owned a collection agency and 80% of the accounts were for the local ER.
Of that 80% MOST had access to public assistance for the cost of their treatment... BUT were either TOO stupid or TOO lazy to apply for and get the benefits.
Consequently, the hospital passed the accounts on to an agency and realized pennies on the dollar for the unpaid accounts.
THAT MEANS the taxpayer buys his OWN policy, pays taxes so uninsured may receive treatment, pays his own office visit costs, pays his own deductible and PAYS AGAIN because his own treatment at the hospital is inflated to cover the cost of money the hospital lost in handing accounts off to an agency.
We used to say: There it is, the taxpayer paid 5 TIMES, and the doctor didn't touch him yet!!!!!!!!!!!!!!
Do I get this right?
Voting for Romney is like crashing into a tree to avoid going off a cliff. At least there’s a chance of surviving.
“50% higher than projected”...oooh didn’t see that coming/s
Obamacare can’t work for many reasons, but the one assumption that made the numbers kind of add up was if a large % of the presently uninsured (made of mostly of young, healthy people) were mandated to buy health insurance.
If they instead opt out and pay the penalty, which is miniscule compared to the cost of a policy, the rest of us pay increased costs on our own health insurance, but the medical care for those who opt out.
Obamacare just goes belly up much faster than originally calculated.
No surprises here at all. It is entirely predictable and an outcome eagerly welcomed by Democrats. The sooner they can herd everyone into single payer, the better. They are gleefully rubbing their hands together in anticipation of the huge pot of money currently overseen by health care insurers being sent to D.C. for them to dole out to their constituents.
That is surprisingly profound. It matches my sentiments almost perfectly. Although frankly, nearly the same could be said of the last several presidential elections. It is just that at this point the cliff seems almost imminent. With your permission, I would like to use this for a tagline.
If ObamaCare is so toxic that people would rather pay fines to the IRS than buy the policies mandated, perhaps that says something about the quality of Obama’s signature accomplishment. I’d like to see Romney’s first bill signing be a tax cut for these 6 million working Americans - a full repeal of ObamaCare.
With your permission, I would like to use this for a tagline.
I was thinking of doing the same. :) In any case, it'll need to be shortened a bit to fit.
“...huge pot of money currently overseen by health care insurers being sent to D.C. for them to dole out to their constituents....”
Of course, it will be another bottomless bonanza of revenue stolen from taxpayers and to be used by greedy and unprincipled politicians who want to get into office or to keep their seat.
It is entirely and laughably incidental to all of them whether or not anyone actually GETS health care or whether the health care they get is worth a dam$ or is OR timely!
“If you put the federal government in charge of the Sahara Desert, in 5 years there’d be a shortage of sand.” Milton Friedman
Another scare and dominate tactic by the Feds, this and the Homeland Security ammo purchase.
They are soooo intent on sending out the message of inducing fear to create compliance.
Har har har, jokes gonna be on someone soon.
With your permission, I would like to use this for a tagline.
I was thinking of doing the same. :) In any case, it'll need to be shortened a bit to fit.
Then I will defer to your using it as a tagline. But I will probably use it in conversation if the topic comes up:)
Voting Romney is like crashing into a tree to avoid a cliff. At least there’s a chance for survival.
The above boldfaced type fits in the tag line.
Need to take out the big “A” down in the sig line.
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