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124 Pounds of New Taxes and Regulations

Today’s House vote to repeal ObamaCare is not a waste of time, or distraction from important
matters such as the economy, as the Democrats are attempting to portray it. It is a brilliant political maneuver that will back Democrats into a corner and put them on record to show Americans which
elected representatives support the biggest tax increase on American’s and who does not.


Let’s have a brief
history lesson:

In 2009,
after Senator Jay Rockefeller (D-WV) warned ObamaCare would be a “big middle class
tax increase,” President Obama was interviewed by liberal ABC newsman George Stephanopoulos.
After Stephanopoulos asserted ObamaCare
was a tax, Obama responded, “No. That’s not true. George…for us to say
that you’ve got to take a responsibility to get health insurance is absolutely not a tax increase.” Obama went on to tell Stephanopoulos not to just
“make up that language and decide that that’s
called a tax increase.” Stephanopoulos told the President he wasn’t
making it up, and even quoted the Merriam Webster’s Dictionary definition of
tax: “a charge, usually of money, imposed by authority on persons or property
for public purposes.” Obama retorted, “The fact that you looked up Merriam’s
Dictionary, the definition of tax increase, indicates to me that you’re
stretching a little bit right now…My critics say
everything is a tax increase.” Stephanopoulos asked the President one
last time, “But
you reject that it’s a tax increase?”
Obama flatly replied, “I absolutely reject that notion.”

Democrats, and some RINOs (Republicans in Name Only), voted for ObamaCare in the dark of night without even reading the bill on Christmas Eve 2009 when American’s were
distracted by religious observations and holiday festivities.

In June 2012, the US Supreme Court ruled in a 5-to-4 decision the individual mandate of controversial bill, the component that requires virtually all Americans to purchase health
insurance or pay a “penalty,” was constitutional. The majority upheld the individual mandate by deciding it is a tax, not a regulatory penalty.


So now all Americans know what most of us knew all along—ObamaCare is a huge tax.

In fact, there are a total of 22 different taxes hidden in ObamaCare, more than half of which affect families earning less than $250,000 a year adjusted gross family income.

Here are a few of the implications ObamaCare will have on the United States:

  • $1,200 – This is the increase
    in health care premiums for an average American family in the year
    following enactment of ObamaCare.
  • 13% - This is the percent
    of premium increase in 2016 for individuals and families who buy coverage
    on their own compared to if the law hadn’t been passed at all.
  • 1,019,810 – This is the number
    of Americans that are at risk of losing their plan, because the plan was
    denied a waiver from ObamaCare.
  • $26.6 billion – This is the amount of money that 71 different
    Fortune 100 companies could save by eliminating employer-sponsored health plans
    and instead pay the $2,000 employer mandate in 2014 alone.
  • 4-65 million – This is the number of people in the employer
    system estimated to lose insurance as a result of ObamaCare.
  • 800,000 – The amount of
    workers the labor force will be reduced by as of 2021 as a result of
    ObamaCare.
  • $1.8 trillion - This is the amount of money ObamaCare is
    expected to cost over the next 10 years—nearly double the original estimate.
  • 9 in 10 - This is the
    number of senior citizens with retiree benefits who will lose their retiree
    prescription drug coverage through their employer under ObamaCare.
  • 8 in 10 – This is the estimated number of Medicare
    beneficiaries enrolled in Part D that are paying higher premiums so 15% of
    beneficiaries can benefit from the change to the donut hole.
  • 12,000 – This is the approximate
    number of pages of ObamaCare regulations issued by his administration. ((a
    ream of paper is 500 pages—12,000 pages equals 24 reams of paper, which weighs
    124.8 pounds---who on Earth is going to read all of that!?))




Now that we KNOW ObamaCare is a TAX, and the Republicans just pushed for a new vote to repeal this bill now, we all can see who supports this monster tax increase and who does not.


Today, the Republican-led US House of Representatives, on a near party-line vote of 244 - 185, passed a bill to repeal ObamaCare. Now it will go to the Senate for a vote, where Harry Reid will probably table the bill in an effort to protect vulnerable Democrat Senators from going on record as supporting raising YOUR taxes right before an election.

If you don’t want your taxes raised, don’t want to lose your medical benefits you have today, don’t want higher medical premiums, and your congressperson and senators have a “D” after their
name, then you know what to do in November.


“Fathom the hypocrisy of a Government that requires
every citizen to prove they are insured…. but not everyone must prove they are
a citizen.” -Ben Stein

http://americanpatriotgirl.blogspot.com/2012/07/124-pounds-of-new-taxes-and-regulations.html?spref=fb

http://americanpatriotgirl.blogspot.com


Added: Jul-13-2012 Occurred On: Jul-11-2012
By: i8shoe
In:
Politics
Tags: 124, Pounds, of, New, Taxes, and, Regulations, , obama, care, tax,
Marked as: approved
Views: 1156 | Comments: 15 | Votes: 3 | Favorites: 0 | Shared: 9 | Updates: 0 | Times used in channels: 2
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