Supreme Court Upholds Health Care Mandate

[Slingin Sammy 33]

Originally Posted by NC_Skins

Dear god. Fox news again? Sammy, for the love of god stop reading that crap.

As usual, they distort and exaggerate the truth. Let's start with that first point.

At this point, Fox News should be treated much like The Onion when it comes to stories.

As usual with you and 12th, you'll discount anything from Fox without reading/admiting the facts in their articles. I'm not going to comb through the actual Obamacare legislation to cite page/paragraph for the following points mentioned in the Fox link, but I'll cut out virtually all the commentary. Still leaves some pretty hefty tax increases that I noticed you couldn't/didn't address in your response:

- Currently, Americans are allowed to deduct medical expenses on their 1040 form to the extent the costs exceed 7.5 percent of one’s adjusted gross income. The new ObamaCare provision will raise that threshold to 10 percent, subjecting patients to a higher tax bill. This tax will hit pre-retirement seniors the hardest. Over the next ten years, affected Americans will pony up a minimum total of $15 billion in taxes thanks to this provision.

- The 24 million Americans who have Flexible Spending Accounts will face a new federally imposed $2,500 annual cap. These pre-tax accounts, which currently have no federal limit.......The cap will also affect families with special-needs children, whose tuition can be covered using FSA funds. Special-needs tuition can cost up to $14,000 per child per year......so that the federal government can squeeze an additional $13 billion out of taxpayer pockets over the next ten years......

- Under current law, the capital gains tax rate for all Americans rises from 15 to 20 percent in 2013, while the top dividend rate rises from 15 to 39.6 percent. The new ObamaCare surtax takes the top capital gains rate to 23.8 percent and top dividend rate to 43.4 percent. The tax will take a minimum of $123 billion out of taxpayer pockets over the next ten years.

- The ObamaCare Medicare Payroll Tax increase - This tax soaks employers to the tune of $86 billion over the next ten years.

When you can't counter the facts, try to disparage the source....must be straight from Rules for Radicals. If you guys discount Fox, I guess those on the right can discount CNN, ABC, NBC, MSNBC, CBS, WaPo, NYT, LAT, etc.

[NC_Skins]

Originally Posted by Slingin Sammy 33

When you can't counter the facts, try to disparage the source....must be straight from Rules for Radicals. If you guys discount Fox, I guess those on the right can discount CNN, ABC, NBC, MSNBC, CBS, WaPo, NYT, LAT, etc.

I said they distorted and exaggerated, not that any of their information was incorrect. I used the first point as a example of them saying how the tax on prosthetic limbs was going to cost jobs/research in that area. It's hogwash, and it's simply not the case as noted from the articles I posted.


Isn't the WaPo more conservative leaning? Also, if you think all those media outlets are left leaning then you have no idea what unbiased or neutral is. I had this right winger (a friend at that) tell me that the BBC news was not only liberal, but also anti-american.

Just because they (media) point out Fox's slants and trashy news, doesn't mean they are liberal. It means they are setting the record straight.

[Slingin Sammy 33]

Originally Posted by NC_Skins

Isn't the WaPo more conservative leaning? Also, if you think all those media outlets are left leaning then you have no idea what unbiased or neutral is. I had this right winger (a friend at that) tell me that the BBC news was not only liberal, but also anti-american.

WaPo is just as left as the NY Times. Wash Times is conservative leaning.

Just because they (media) point out Fox's slants and trashy news, doesn't mean they are liberal. It means they are setting the record straight.

Depends on perspective, you & 12th would consider Fox "slanted and trashy", me and those who are conservative would consider CNN, NBC, MSNBC, etc. "slanted and trashy".

[Giantone]

Originally Posted by Slingin Sammy 33

- Currently, Americans are allowed to deduct medical expenses on their 1040 form to the extent the costs exceed 7.5 percent of one’s adjusted gross income. The new ObamaCare provision will raise that threshold to 10 percent, subjecting patients to a higher tax bill. This tax will hit pre-retirement seniors the hardest. Over the next ten years, affected Americans will pony up a minimum total of $15 billion in taxes thanks to this provision.

.

...we are allowed but how many hit it?Point is if it 7.5 or 10% I haven't hit it or would have hit it in the last 10 years,THIS WILL NOT EFFECT ME.I am a pre retirment senior,these numbers are thrown out but in reality ....noone knows.If I or the Mrs get sick (God forbid) then yes I might have a higher % to hit but the bill would be smaller and that is what all the anti Obama chicken littles are afraid of that Joe Public will find out.

[Slingin Sammy 33]

Originally Posted by Giantone

...we are allowed but how many hit it?Point is if it 7.5 or 10% I haven't hit it or would have hit it in the last 10 years,THIS WILL NOT EFFECT ME.I am a pre retirment senior,these numbers are thrown out but in reality ....noone knows.If I or the Mrs get sick (God forbid) then yes I might have a higher % to hit but the bill would be smaller and that is what all the anti Obama chicken littles are afraid of that Joe Public will find out.

Unfortunatley I've exceeded the 7.5% a couple of years in the last few. Bottom line, is this is an increased tax burden for many Americans.

[Giantone]

Originally Posted by Slingin Sammy 33

Unfortunatley I've exceeded the 7.5% a couple of years in the last few. Bottom line, is this is an increased tax burden for many Americans.

Maybe but with lower primiums ...then it is offset.

[saden1]

Originally Posted by Slingin Sammy 33

Unfortunatley I've exceeded the 7.5% a couple of years in the last few. Bottom line, is this is an increased tax burden for many Americans.

There is no such thing as free lunch and ultimately everyone pays. The real question is when and how does the piper get paid? Is it through the back-door or through the front-door, or will it be through an unmarked envelope under the table?

Bottom line, there are two things certain in life, death and taxes...the bourgeoisie need to be weary of the mob less they want to end up under the guillotine sooner than desirable.

[Slingin Sammy 33]

Originally Posted by saden1

There is no such thing as free lunch and ultimately everyone pays. The real question is when and how does the piper get paid? Is it through the back-door or through the front-door, or will it be through an unmarked envelope under the table?

Bottom line, there are two things certain in life, death and taxes...the bourgeoisie need to be weary of the mob less they want to end up under the guillotine sooner than desirable.

Agree. You and I differ on when/how the piper is paid, and when/how/if the mob rules, but you are up front about what the ultimate point of Obamacare is no smoke-n-mirrors. Kudos.