Re: Obama Care
 

[quote=firstdown;744016]I dated a girl making around $1500 back around 1995 and even though she had a degree she liked the job. She has sense moved on but I don't knock anyone who is working.[/quote]

Not knocking at all. Just making an observation that in the virtuous effort to get everyone in this country to go to college and get a degree we have seriously devalued the college degree. Sort of like we screwed up the housing market by trying to get everyone to own a house.

Re: Obama Care
 

At JHU right now there are doctors who read X rays. It takes about a min to read an x ray. The cost to each patient or their insurance co for the 1 min of service? over $100.

If this doctor reads 10 x rays in an hour, the hospital has billed well over $1,000 for 10 mins of work.

But yeah, lets **** the person who works and makes just enough to not be eligible for medicaid but doesnt make enough to afford priv health care.

There is a very real and large gap of this country's population that falls into this category. they are usually 20 somethings, struggling to pay off college loans, still on the low spectrum of the pay scale and cant afford to spend 200 bucks a month on health insurance. these are the good hard working people of the country.

they will eventually raise their status to a point were they can afford health care but for now and tomorrow, they have to hope they dont suffer a serious injury. if they do suffer a serious injury, they have a 12k debt that closes alil further their window of future financial stability.

They way some of you all talk and opine about things, makes me think you've been livin the good life too long and forgot what it was like to truly struggle to make ends meet. there is a segment of our population that is in a catch-22 right now. to broke to buy insurnace, but since you work a 9-5 you cant qualify for free health care.

The real poor get free everything.
The rich can afford everything.
The people who make 25-35k a year, get screwed until their broke or die trying to get rich.

Re: Obama Care
 

[quote=over the mountain;744638]At JHU right now there are doctors who read X rays. It takes about a min to read an x ray. The cost to each patient or their insurance co for the 1 min of service? over $100.

If this doctor reads 10 x rays in an hour, the hospital has billed well over $1,000 for 10 mins of work.

But yeah, lets **** the person who works and makes just enough to not be eligible for medicaid but doesnt make enough to afford priv health care.

There is a very real and large gap of this country's population that falls into this category. they are usually 20 somethings, struggling to pay off college loans, still on the low spectrum of the pay scale and cant afford to spend 200 bucks a month on health insurance. these are the good hard working people of the country.

they will eventually raise their status to a point were they can afford health care but for now and tomorrow, they have to hope they dont suffer a serious injury. if they do suffer a serious injury, they have a 12k debt that closes alil further their window of future financial stability.

They way some of you all talk and opine about things, makes me think you've been livin the good life too long and forgot what it was like to truly struggle to make ends meet. there is a segment of our population that is in a catch-22 right now. to broke to buy insurnace, but since you work a 9-5 you cant qualify for free health care.

The real poor get free everything.
The rich can afford everything.
[B]The people who make 25-35k a year, get screwed until their broke or die trying to get rich.[/B][/quote]

I haven't forgot. I was there [I]and[/I] I had a pre-existing condition. I signed up during an HMO open enrollment and paid through the nose. Had to forego [I]a lot [/I]of stuff (I ate Ramen noodles from about 25-30), but did what I had to do. So sorry - I hear you that it's tough. Made it through w/out requiring any (almost any) real insurance stuff but paid in the 150-200 range/mo in the 80's and early 90's. So please don't tell me I got no concept of the issue.

Re: Obama Care
 

[url=http://finance.yahoo.com/insurance/article/110974/-million-workers-lose-out-on-better-coverage?mod=insurance-health]-million-workers-lose-out-on-better-coverage: Personal Finance News from Yahoo! Finance[/url]

Re: Obama Care
 

[quote=over the mountain;744638]At JHU right now there are doctors who read X rays. It takes about a min to read an x ray. The cost to each patient or their insurance co for the 1 min of service? over $100.

If this doctor reads 10 x rays in an hour, the hospital has billed well over $1,000 for 10 mins of work.

But yeah, lets **** the person who works and makes just enough to not be eligible for medicaid but doesnt make enough to afford priv health care.

There is a very real and large gap of this country's population that falls into this category. they are usually 20 somethings, struggling to pay off college loans, still on the low spectrum of the pay scale and cant afford to spend 200 bucks a month on health insurance. these are the good hard working people of the country.

they will eventually raise their status to a point were they can afford health care but for now and tomorrow, they have to hope they dont suffer a serious injury. if they do suffer a serious injury, they have a 12k debt that closes alil further their window of future financial stability.

They way some of you all talk and opine about things, makes me think you've been livin the good life too long and forgot what it was like to truly struggle to make ends meet. there is a segment of our population that is in a catch-22 right now. to broke to buy insurnace, but since you work a 9-5 you cant qualify for free health care.

The real poor get free everything.
The rich can afford everything.
The people who make 25-35k a year, get screwed until their broke or die trying to get rich.[/quote]

Sr. I worked for next to nothing as a single parent so I could get the training and skills to do what I'm doing today. Never once did I turn to the goverment for any handouts. I washed and iron my own shirts and we did bag lunches for 5 yrs. I know what its like so lets not play that card.

As for doctors. I have two friend that are doctors and it takes years of hard work before they make any money at all. Today both make silly money but they both work their asses off. I'd say they are the two hardest workong people I know. One of them has been working 7 day weeks for the past two years because he cannot find another partner he can trust his patients too.

I'd also say someone making 25-35 a year cab afford health care unless maybe they have a health issue. My daughter lives on her own works part time and is going to school and finds $125 a month for health ins. While I agree some cannot afford coverage I beliave many have their priorties mixed up. I bet many of the uninsured have cell phone, cable, internet, etc...

Re: Obama Care
 

[quote=firstdown;746382]Sr. I worked for next to nothing as a single parent so I could get the training and skills to do what I'm doing today. Never once did I turn to the goverment for any handouts. I washed and iron my own shirts and we did bag lunches for 5 yrs. I know what its like so lets not play that card.

As for doctors. I have two friend that are doctors and it takes years of hard work before they make any money at all. Today both make silly money but they both work their asses off. I'd say they are the two hardest workong people I know. One of them has been working 7 day weeks for the past two years because he cannot find another partner he can trust his patients too.

I'd also say someone making 25-35 a year cab afford health care unless maybe they have a health issue.My daughter lives on her own works part time and is going to school and finds $125 a month for health ins.[B] While I agree some cannot afford coverage I beliave many have their priorties mixed up[/B]. I bet many of the uninsured have cell phone, cable, internet, etc...[/quote]

Exactly right. Takes me back to the time that I saw that woman paying for her groceries with her food stamps card at the Giant, then a few hours later I see her in 7-11 with a handful of 20's spending it all on lotto. Guarantee you she doesn't have health insurance. But don't tell me you can't afford it.

I did the same thing as your daughter. I've been paying my own health insurance for 10 years now (since I was 22). I hardly had any money while I was in school, but I still found a way. Often times I'd just pick up an extra shift waiting tables. You have to do whatever it takes.

One time back then I told my Dad I couldn't afford health insurance. His response? "You can't afford NOT to have health insurance."

Re: Obama Care
 

[quote=GMScud;746397]Exactly right. Takes me back to the time that I saw that woman paying for her groceries with her food stamps card at the Giant, then a few hours later I see her in 7-11 with a handful of 20's spending it all on lotto. Guarantee you she doesn't have health insurance. But don't tell me you can't afford it.

I did the same thing as your daughter. I've been paying my own health insurance for 10 years now (since I was 22). I hardly had any money while I was in school, but I still found a way. Often times I'd just pick up an extra shift waiting tables. You have to do whatever it takes.

One time back then I told my Dad I couldn't afford health insurance. His response? "You can't afford NOT to have health insurance."[/quote]

When I was 16 I worked for a super market in a somewhat poor section of town. I would watch as people would buy their food with food stamps then I load them into their new car. I worked at this store for 3 summers so I got to know the customers and I can tell you these are not people just down on their luck its a way of life.

Side Note:
So they pass the law so parents can add their kids to their policy. I figured I'd get a price to see if it would be cheaper to add my daughter to our policy. I call the insurance co. and they said I have to wait 5 months until our enrollment period. Great law. :laughing2

Re: Obama Care
 

[quote=over the mountain;744638]At JHU right now there are doctors who read X rays. It takes about a min to read an x ray. The cost to each patient or their insurance co for the 1 min of service? over $100.

If this doctor reads 10 x rays in an hour, the hospital has billed well over $1,000 for 10 mins of work.

But yeah, lets **** the person who works and makes just enough to not be eligible for medicaid but doesnt make enough to afford priv health care.

There is a very real and large gap of this country's population that falls into this category. they are usually 20 somethings, struggling to pay off college loans, still on the low spectrum of the pay scale and cant afford to spend 200 bucks a month on health insurance. these are the good hard working people of the country.

they will eventually raise their status to a point were they can afford health care but for now and tomorrow, they have to hope they dont suffer a serious injury. if they do suffer a serious injury, they have a 12k debt that closes alil further their window of future financial stability.

They way some of you all talk and opine about things, makes me think you've been livin the good life too long and forgot what it was like to truly struggle to make ends meet. there is a segment of our population that is in a catch-22 right now. to broke to buy insurnace, but since you work a 9-5 you cant qualify for free health care.

The real poor get free everything.
The rich can afford everything.
The people who make 25-35k a year, get screwed until their broke or die trying to get rich.[/quote]

[COLOR=black][FONT=Verdana]With regards to doctors charging an insurance co. 100 dollars for a x ray viewing whats so bad about that? That’s what they charge because that’s what doctors and insurance co. have generally agreed upon as a fair price. If there were doctors that were willing to sit in a cubical all day and review xrays for 10 bucks and do 60 an hour and make lots of money but hate their existence then great, but I don’t think there are.[/FONT][/COLOR]
[COLOR=black][FONT=Verdana] [/FONT][/COLOR]
[COLOR=black][FONT=Verdana]Very few people who make 25-35k a year cannot afford health insurance at 200 per month. Its the 15% tax bracket at that level. If you have a kid you probably have trouble but you are getting TONS of entitlements at that level. Unless you live in Georgetown or NYC, or San Fran or somewhere else real expensive then you might have trouble. There are very few jobs that require you to live in certain municipals and also have low pay. This is all about life style choices, nothing more. There is healthcare service available for people in this country who need it, but truly cant afford it. The problem is people also need to live in a fun part of town, have cable, leased cars, cell phones, nice clothes, eat out 3x a week, go to bars on the weekend, have a macbook, and have all sorts of nice shit. And if youre a 20-35 male you don’t really need healthcare coverage as much as you think you need all the stuff above, so you choose not to get it. [/FONT][/COLOR]

Re: Obama Care
 

[COLOR=black][FONT=Verdana][quote=Dirtbag359;743285]The stuff health insurance companies get away with is amazing. I'm not eligible for a group plan so I tried to upgrade my crappy insurance so I didn't have to pay $600 to have a specialist investigate a possible ear infection (seriously that was the price I was quoted at). Everything was all set up they were confirming my information and asking me questions. One of the questions was have you ever been turned down for health insurance. I told them yes so they went on to the next question asking about obesity, heart attacks, AID's all of which I answered no.[/FONT][/COLOR]

[COLOR=black][FONT=Verdana]After the medical history question the lady told me I was ineligible for the plan. When I asked why she said because I had been turned down or coverage in the past, even though it was a different company. Why even go on to the next question if the one before it made me ineligible? [/FONT][/COLOR]

[COLOR=black][FONT=Verdana]Last week while being fed up with my insurance I was referred to a high risk pool for Georgia. They told me I was ineligible because I had insurance and even if I didn't have insurance I would have had to be uninsured for 6 months [B](it's been about 3 months for me without good insurance). [/B]The part about having insurance is great because they don't even cover my pre-existing condition which I thought would have been the point of a high risk pool.[/FONT][/COLOR]

[B][COLOR=black][FONT=Verdana]At the very least the pre-existing condition crap has to go, of course after that you have to make sure they don't go overboard with the premiums[/FONT][/COLOR][/B][COLOR=black][FONT=Verdana]. Still one step at a time.[/FONT][/COLOR][/quote]

[COLOR=black][FONT=Verdana]You say it’s been 3 months since you’ve had “good” insurance? Are you completely uninsured or do you just have a catastrophic plan or something right now? [/FONT][/COLOR]

[COLOR=black][FONT=Verdana]I guess I don’t understand whats so wrong about not insuring a preexisting condition, or only insuring it at extremely high rates. Whats the other option, that preexisting condition is ignored and you get the same rate as me; however, at a much greater risk to the insurance co. That’s really unfair to me, because your rate doesn’t just come down – mine goes up. I guess[/FONT][/COLOR]

Re: Obama Care
 

[quote=mlmpetert;746532]

[FONT=Verdana][COLOR=black][COLOR=black][FONT=Verdana]You say it’s been 3 months since you’ve had “good” insurance? Are you completely uninsured or do you just have a catastrophic plan or something right now? [/FONT][/COLOR]

[COLOR=black][FONT=Verdana]I guess I don’t understand whats so wrong about not insuring a preexisting condition, or only insuring it at extremely high rates. Whats the other option, that preexisting condition is ignored and you get the same rate as me; however, at a much greater risk to the insurance co. That’s really unfair to me, because your rate doesn’t just come down – mine goes up. I guess[/FONT][/COLOR][/quote]

If I'm correct they can only exclude preexisting conditions for the first 12 months but that has probably changed with the new health bill. I also don't think they can underwrite a pre existing condition if your going from one company to the next. Its only if your coming to them as a new customer without prior health ins.

Re: Obama Care
 

[url=http://www.foxnews.com/politics/2010/10/13/broken-promises-obamacare-tobacco-tax-hike-hits-middle-class-wallets-tax-group/]Has Obama Raised Taxes? That Depends on Whom You Ask - FoxNews.com[/url]

Re: Obama Care
 

I think i mentioned this a while back, but its really important information that anyone with a HSA or FSA needs to be aware of. I have a high deductable HSA plan and love it because of the prudence it forces you to be abide by, but this really really sucks. Its going to affect a lot of people, and when i hear that someone has a HSA or FSA i bring this up and they usually have no idea.

[URL="http://www.foxnews.com/politics/2010/10/15/new-health-care-rules-require-doctors-note-pay-otc-drugs-fsas/"]FoxNews.com - New Rules Coming for Payments Out of Health Savings Accounts[/URL]

So from what ive heard there are going to 2 basic ways to go about getting your prescriptions.

1. The next time you go to the doctor get a prescription for everything you need or can think there is ever a chance you may need at some point in the coming tax year. (your doctor will hate you)

2. Save every reciept for everything you bought during 2011 and go back and a get a prescription for it. (your doctor will hate you)

In normal situations I don’t really have a need to go to a doctor so this issue affect people like me the most. The whole concept behind a high deductable HSA is that it keeps people from going to the doctor when the really shouldn’t (like because you have a cold or basic flu). For people with a normal FSA add on arnt really going to be financially affect by this, just really inconvenienced by it

Re: Obama Care
 

I guess [URL="http://www.businessweek.com/news/2010-10-21/witness-testifies-he-left-al-qaeda-over-payment-of-wife-s-care.html"]OsamaCare[/URL] isn't as stellar as ObamaCare.

Re: Obama Care
 

[quote=saden1;750468]I guess [URL="http://www.businessweek.com/news/2010-10-21/witness-testifies-he-left-al-qaeda-over-payment-of-wife-s-care.html"]OsamaCare[/URL] isn't as stellar as ObamaCare.[/quote]
Maybe if we just offer them all health ins.

Re: Obama Care
 

[quote=mlmpetert;747705][URL="http://www.foxnews.com/politics/2010/10/13/broken-promises-obamacare-tobacco-tax-hike-hits-middle-class-wallets-tax-group/"]Has Obama Raised Taxes? That Depends on Whom You Ask - FoxNews.com[/URL][/quote]

Usually when we debate taxes here we are talking about the rich v/s the poor and sometimes on a personal level. I don't think he has raised my federal taxes and actually I just had my taxes done last week and I'm getting a 5 digit return. Not sure why because I have not talked to my CPA but I'm sure it has more to do with my business and what I paid and not anything Obama has done. What he is doing will probably increase my cost over the next few years.

Re: Obama Care
 

[quote=firstdown;750481]Usually when we debate taxes here we are talking about the rich v/s the poor and sometimes on a personal level. I don't think he has raised my federal taxes and actually I just had my taxes done last week and I'm getting a 5 digit return. Not sure why because I have not talked to my CPA but [B]I'm sure it has more to do with my business and what I paid and not anything Obama has done.[/B] What he is doing will probably increase my cost over the next few years.[/quote]


Have your revenues gone way up in this down economy to warrant a bigger return? If not you might be seeing some of that stimulus tax cuts. Now go spend it and create more jobs.

Re: Obama Care
 

[quote=saden1;750487]Have your revenues gone way up in this down economy to warrant a bigger return? If not you might be seeing some of that stimulus tax cuts. Now go spend it and create more jobs.[/quote]

No last year the business dropped some but not very much and it sucked because it was my first year in business not growing. The larger an Ins Agency the harder it is to grow because you have to replace about 10% of the accounts you natually loose every year. So if we have 3000 accounts we have to write 300 new policies to stay even.

Now on the spending. I'm putting the federal tax money in my retirement account and spending my state money. My wife got the new washer and dryer so I'm finally getting an HD TV. I'm going to need to start a thread on which one to get.

Re: Obama Care
 

[quote=firstdown;750504]No last year the business dropped some but not very much and it sucked because it was my first year in business not growing. The larger an Ins Agency the harder it is to grow because you have to replace about 10% of the accounts you natually loose every year. So if we have 3000 accounts we have to write 300 new policies to stay even.

Now on the spending. I'm putting the federal tax money in my retirement account and spending my state money. My wife got the new washer and dryer so I'm finally getting an HD TV. I'm going to need to start a thread on which one to get.[/quote]


Please feel free to thank Obama for returning more of your money.

Re: Obama Care
 

[COLOR=black][FONT=Verdana]So you have to pay 90% of your the current years tax liability or 100% of last years tax liability (or 110% if you make over 150k) or otherwise you get hit with a 20% penalty (additional tax) on your underpayment. Im guessing that since first owns his own business his accountant has him make 100% or 110% (if first makes over 150k) tax payments based off of last years income taxes.[/FONT][/COLOR]

[COLOR=black][FONT=Verdana]So i guess techniqely Obama is returning more of his money, but only because he earned less money and therefore doesnt have to pay as much taxes. Apparently when you own a small business your income isnt guaranteed (where are you Obama?) and you can actually make less money, no money at all or even LOSE money...... [/FONT][/COLOR]

Re: Obama Care
 

[quote=mlmpetert;750571][COLOR=black][FONT=Verdana][B]So you have to pay 90% of your the current years tax liability or 100% of last years tax liability (or 110% if you make over 150k) or otherwise you get hit with a 20% penalty (additional tax) on your underpayment. Im guessing that since first owns his own business his accountant has him make 100% or 110% (if first makes over 150k) tax payments based off of last years income taxes.[/B][/FONT][/COLOR]

[COLOR=black][FONT=Verdana]So i guess techniqely Obama is returning more of his money, but only because he earned less money and therefore doesnt have to pay as much taxes. Apparently when you own a small business your income isnt guaranteed (where are you Obama?) and you can actually make less money, no money at all or even [B]LOSE money[/B]...... [/FONT][/COLOR][/quote]

You lost me on the first paragraph.

The nature of my business you cannot really go from making good money to loosing money from one year to the next. Now the business its self can loose money but thats after everyone gets paid so I'm not sure how that works with taxes. I do know if I leave any money in the business come January 1 I have to pay taxes on that money even though its in the business checking account. I hate that because at the end of every year it forces me to spend all the money in my business account or get hit with taxes.

Re: Obama Care
 

[quote=mlmpetert;750571][COLOR=black][FONT=Verdana]So you have to pay 90% of your the current years tax liability or 100% of last years tax liability (or 110% if you make over 150k) or otherwise you get hit with a 20% penalty (additional tax) on your underpayment. Im guessing that since first owns his own business his accountant has him make 100% or 110% (if first makes over 150k) tax payments based off of last years income taxes.[/FONT][/COLOR]

[COLOR=black][FONT=Verdana]So i guess techniqely Obama is returning more of his money, but only because he earned less money and therefore doesnt have to pay as much taxes. Apparently when you own a small business your income isnt guaranteed (where are you Obama?) and you can actually make less money, no money at all or even LOSE money...... [/FONT][/COLOR][/quote]


Do you have any idea what you are talking about or are you saying crap for the sake of saying crap? Last I checked Bush tax code is still in effect. The only thing Obama has done so far is cut taxes for businesses and give a buck or two back to individual through the stimulus and of course you can add you claims of tax increases in ObamaCare, etc.

Re: Obama Care
 

Im not saying crap just for the sake of saying something. Your line of thanking Obama for returning firsts money is misguided and im just trying to outline that.

I think most people think that when they fill out their w4's that its just a nice thing that helps you keep track of the money you end up owing the goverment. But thats not true. You have to make payments through out the year; either by having deductions taken out of each paycheck or by making quarterly payments which most small business owners do and what im speculating first does.

So my statements of either 90% of your current years liability or 100% of last years liability is to point out that this is money that first already paid to the government. He ended up not making as much money as he did last year for one reason or another so the government returned HIS money. No thanks to Obama needed in that instance.

Its kind of like if you get demoted at work but dont update your w4 to reflect that you now make less then you did. So when you get that big magically refund when you file its not because you got a tax break that can be attributed to Obama or anyone else, its because your withholding more then you should be because your making less then you were.

Re: Obama Care
 

Also this is part of the reason why i hate taxes so much. I guess when they first instituted the federal income tax they realized that they had no chance to collect if they just allowed people to pay their liability at the end of the year, so they made it that you have to pay as you go even if it means paying more then you should be (and this is what gets me). The government isnt going to take the chance of getting shafted, that responsibility lies with us.

Re: Obama Care
 

[quote=mlmpetert;751809]Im not saying crap just for the sake of saying something. Your line of thanking Obama for returning firsts money is misguided and im just trying to outline that.

I think most people think that when they fill out their w4's that its just a nice thing that helps you keep track of the money you end up owing the goverment. But thats not true. You have to make payments through out the year; either by having deductions taken out of each paycheck or by making quarterly payments which most small business owners do and what im speculating first does.

So my statements of either 90% of your current years liability or 100% of last years liability is to point out that this is money that first already paid to the government. He ended up not making as much money as he did last year for one reason or another so the government returned HIS money. No thanks to Obama needed in that instance.

Its kind of like if you get demoted at work but dont update your w4 to reflect that you now make less then you did. So when you get that big magically refund when you file its not because you got a tax break that can be attributed to Obama or anyone else, its because your withholding more then you should be because your making less then you were.[/quote]

What I do know for a fact is that small business have gotten huge tax breaks thanks to the stimulus. You some how dispute this is the case even though you don't have the exact reason why he's getting more of his money back. We can both assume but only one guy can tell us which who is right. So lets have it firstdown...why did you get a bigger return?

If I had to bet, I would bet on saden1.

Re: Obama Care
 

[quote=saden1;750667]Do you have any idea what you are talking about or are you saying crap for the sake of saying crap? Last I checked Bush tax code is still in effect. The only thing Obama has done so far is cut taxes for businesses and give a buck or two back to individual through the stimulus and of course you can add you claims of tax increases in ObamaCare, etc.[/quote]

What tax breaks has Obama given to business? The only thing I know of is some tax breaks if you hire (not even sure if thats true) and if a business buys certain new equipment. While I don't bitch about tax breaks how many businesses hurting now are going to run out an buy more equipment? Not very many.

Re: Obama Care
 

[quote=mlmpetert;751809]Im not saying crap just for the sake of saying something. Your line of thanking Obama for returning firsts money is misguided and im just trying to outline that.

I think most people think that when they fill out their w4's that its just a nice thing that helps you keep track of the money you end up owing the goverment. But thats not true. You have to make payments through out the year; either by having deductions taken out of each paycheck [B]or by making quarterly payments which most small business owners do and what im speculating first does. [/B]

So my statements of either 90% of your current years liability or 100% of last years liability is to point out that this is money that first already paid to the government. He ended up not making as much money as he did last year for one reason or another so the government returned HIS money. No thanks to Obama needed in that instance.

Its kind of like if you get demoted at work but don't update your w4 to reflect that you now make less then you did. So when you get that big magically refund when you file its not because you got a tax break that can be attributed to Obama or anyone else, its because your withholding more then you should be because your making less then you were.[/quote]

Yes I pay by the 1/4. Also before the end of the year my CPA will review my books and see if I need to pay any additional because up until the end of the year you can pay by 941 through the business rather then using my personal money when they do my return. They may also recommend that I draw a pay check so not to leave any money in the business account which I'd have to pay taxes on even though its in the business account.

I will call my CPA tomorrow and see if she can explain why I received such a large return. I guess I could also pull out my 2008 and see what my tax liability was in 08. I much rather over pay and get money back then to pay. It just seems to hurt more when you have to write out a big check for taxes.

Saden I don't think Obama gave small business tax cuts only taxe breaks for buying equipment and maybe hiring.

Re: Obama Care
 

[quote=saden1;752262][B]What I do know for a fact is that small business have gotten huge tax breaks thanks to the stimulus.[/B] You some how dispute this is the case even though you don't have the exact reason why he's getting more of his money back. We can both assume but only one guy can tell us which who is right. So lets have it firstdown...why did you get a bigger return?

If I had to bet, I would bet on saden1.[/quote]

OK I talked to my CPA today and I asked her why I received such a large tax return. She said I had less income this year. I then ask her directly if Obama gave me any tax breaks to increase my return and her answer was "hell no". She did say that I received the working man tax stimulus/refund of $800 which is something Obama gave to just about anyone working. I then asked about Obama's tax break for small business and she said that the only tax breaks is for purchasing new equipment of a certain value. So I'd have to say both of you are somewhat right. The reason I did not think about a drop in income is because I forgot about rent I receive as income which was down this year.

Saden what I have in bold from your post is not really correct unless a bunch of small businesses have found money to go out and buy new equipment in this economy.

Re: Obama Care
 

[url=http://online.wsj.com/article/SB10001424052748703727804576017552229615230.html?mod=WSJ_hp_LEADNewsCollection]Judge Sides With Virginia on Health Law - WSJ.com[/url]

Re: Obama Care
 

^^ The competing decisoins will end up in front of the Supreme Court. I am pretty sure it will eventually pass Constitutionality test.

Re: Obama Care
 

^^Not!! Can't become a compelling issue. I didn't expect a court would up-hold that.

Re: Obama Care
 

[quote=JoeRedskin;768582]^^ The competing decisoins will end up in front of the Supreme Court. I am pretty sure it will eventually pass Constitutionality test.[/quote]

Maybe maybe not, but does constitutionality even apply to the Commerce clause? Nearly every single transaction today crosses state lines, and the federal establishment has found that to be the necessary stick to bring the states back in line. Even if the SC were to overturn this, the federal establishment simply would use backhanded punishments, such as withholding medicaid funds for those states that do not create equivalent mandatory insurance policies. The federal govt got it's toe in the door, to think that the SC is going to kick it out is foolishness. And to think that the constitutionality of the law matters is at this point in time is a long dead dream.

(not to be cynical or anything)

Re: Obama Care
 

The Commerce Clause in a nutshell -- the federal government can do whatever it damn well pleases.

Re: Obama Care
 

I really would be surprised if that decision held up in the SC. I know we are talking the Commerce Clause but state rights have been pretty well shredded because the federal government taxes the shit out of us then dangles our tax money in front of the states to get them to do what the federal government wants them to do.

Re: Obama Care
 

[quote=mlmpetert;749670]I think i mentioned this a while back, but its really important information that anyone with a HSA or FSA needs to be aware of. I have a high deductable HSA plan and love it because of the prudence it forces you to be abide by, but this really really sucks. Its going to affect a lot of people, and when i hear that someone has a HSA or FSA i bring this up and they usually have no idea.

[URL="http://www.foxnews.com/politics/2010/10/15/new-health-care-rules-require-doctors-note-pay-otc-drugs-fsas/"]FoxNews.com - New Rules Coming for Payments Out of Health Savings Accounts[/URL]

So from what ive heard there are going to 2 basic ways to go about getting your prescriptions.

1. The next time you go to the doctor get a prescription for everything you need or can think there is ever a chance you may need at some point in the coming tax year. (your doctor will hate you)

2. Save every reciept for everything you bought during 2011 and go back and a get a prescription for it. (your doctor will hate you)

In normal situations I don’t really have a need to go to a doctor so this issue affect people like me the most. The whole concept behind a high deductable HSA is that it keeps people from going to the doctor when the really shouldn’t (like because you have a cold or basic flu). For people with a normal FSA add on arnt really going to be financially affect by this, just really inconvenienced by it[/quote]


Okay this makes things a little easier for those of us that have HSA's and FSA's but its still a bitch:


[url=http://www.foxnews.com/politics/2010/12/27/irs-backs-pharmacy-ban-flex-account-debit-cards/?test=latestnews]IRS Backs Off Flex Account Debit Card Ban for Over-The-Counter Drugs - FoxNews.com[/url]

Re: Obama Care
 

Kind of surprised no one posted this yet.

[url=http://www.politico.com/news/stories/0111/47831.html]House passes health law repeal - Carrie Budoff Brown - POLITICO.com[/url]

[url=http://www.foxnews.com/politics/2011/01/18/states-join-obama-health-care-lawsuit-fla/]26 States Join Suit Against Obama Health Law - FoxNews.com[/url]

Re: Obama Care
 

Total non-event. This law will not get repealed. Period.

And the Republicans had better get busy with the peoples business instead of spinning their wheeels trying to stick it to Obama. Two thoudsand twelve will be here before we know it.

Re: Obama Care
 

[quote=12thMan;779081]Total non-event. This law will not get repealed. Period.

And the Republicans had better get busy with the peoples business instead of spinning their wheeels trying to stick it to Obama. Two thoudsand twelve will be here before we know it.[/quote]Rs are doing the people's business, most don't want Obamacare.

Re: Obama Care
 

[quote=Slingin Sammy 33;779100]Rs are doing the people's business, most don't want Obamacare.[/quote]

Yeah but it's completely retarded and a waste of time for the house republicans to spend time voting on something that has literally zero chance of passing.

Thanks for grandstanding on my dime, assholes.

Re: Obama Care
 

Most of them are simply keeping a campaign promise that probably helped win them a few votes...

Re: Obama Care
 

I'm telling you SS33, we're marching towards the Spring and all Republicans will have to show for their first few months in Congress is what they we're against.

This strategy plays right into Obama's hands.