|
Torstein Langesæter
Advanced Member
Norway
2641 Posts |
 Posted - 04/18/2010 : 02:52:18
|
"Then shall stand up in his estate a RAISER OF TAXES (Obama)in the glory of the kingdom: but within FEW DAYS he shall be destroyed, neither in anger, nor in battle".(birthcertificate ?) Daniel 11,20
http://www.prisonplanet.com/obamacare-taxing-the-american-people-into-oblivion.html
Obamacare: Taxing The American People Into Oblivion (glemsel) Oblivion
“Death and taxes may be inevitable, but they shouldn’t be related”
Steve Watson and Paul Watson
Prisonplanet.com
Tuesday, March 23rd, 2010
H.R. 3590, The Patient Protection and Affordable Care Act, to give it its full title, is rammed full of tax increases which will further economically cripple Americans already laboring under the worst financial crisis since the great depression.
The partnering Reconciliation Act, currently in the Senate, also contains a raft of pork barrel and tax hikes, there to fund the trillion dollar cost of nationalizing medicine.
As reported by Bloomberg News today, analysis by the nonpartisan congressional Joint Committee on Taxation reveals that the bill will generate $409.2 billion in additional taxes by 2019.
In addition, the Congressional Budget Office states that the bill also levies almost $69 billion more in penalties for those who fail to meet mandates to buy insurance.
The Journal of Accountancy boils down some of the tax hikes and penalty fees in H.R. 3590 and the Reconciliation Act – the highlights include:
Excise Tax on Uninsured Individuals – Individuals who fail to maintain minimum essential coverage will be subject to a penalty equal to $750. The fee for an uninsured individual under age 18 is one-half of the adult fee.
Excise Tax on High-Cost Employer Plans – The federal government would impose a 40% tax on the value of employer-sponsored health coverage exceeding certain thresholds. Those levels are projected to be $8,500 for self only and $23,000 for any other level by the year 2013. This excise was announced with fanfare by the White House and labor unions in January and remains in the final bill.
|
|
Obama -the taxman
