Tag Archive: Patient Protection and Affordable Care Act


Senate Passes Insurance Industry Aid Bill

Let us not waste another breath responding to the mock outrage with which progressives react to accusations such as Sarah Palin’s “death panel” remark. Whether ObamaCare’s Independent Payment Advisory Board should correctly be described as a “death panel” or a “cost-reduction system” is actually a stale semantics debate, given that when they are not acting outraged, leftists explain their real intentions quite clearly. Cutting to the chase, the proper question to ask is, “Why are progressives willing to condemn the old and infirm to death?”A man drives up and down the highway looking for hitchhikers. Whenever he finds one, he stops to pick him up. He kindly warns the hitchhiker about the dangers of hitchhiking, and explains that he always stops for hitchhikers because he does not feel comfortable leaving them at the mercy of some strange driver. Then, once he has the hitchhiker securely in his car, he kills him.Do we describe this driver as a Good, albeit confused, Samaritan trying to protect hitchhikers from the dangers of the highway?

via Articles: The Logic of the Progressive Healthcare Death Cult.

 

LAMBRO: Surprise cost of Obamacare

Several issues are being distorted in the wake of the Supreme Court’s contradictory, backdoor ruling that up-held President Obama’s health care law on a disputed word definition. Others are virtually absent from the discussion, such as who will pay the onerous penalty tax and what it will cost them if the uninsured refuse to obey Mr. Obama’s order to purchase medical insurance?

It turns out, the court’s decision means Mr. Obama’s tax will fall most heavily on lower- to middle-income people whom he has vowed to shield from his proposed tax increases. It will be a lot costlier than you think, but more on that in a moment.

Surprise cost of Obamacare

Obama campaign steps up Obamacare defense

President Barack Obama’s campaign is stepping up its defense of the controversial Obamacare law, pitching it as a cost-free security blanket for unmarried women, Latinos and poor people.

The push comes shortly after Obama’s deputies argued that the public doesn’t want to hear more arguments about the far-reaching, $1.76 trillion, government-directed reorganization of the nation’s health sector.

The president’s weekend message, for example, focused on fires in Colorado, not on the law or the Supreme Court’s June 28 decision to relabel the law’s controversial penalty as a tax.

His weekend message followed his long-standing policy of saying little about the sensitive law, except that it provides free services to young people and women.

Obama campaign steps up Obamacare defense

Obama Dividend Tax Would Devastate Retirees

Tax

Tax (Photo credit: 401K)

 

Buried within President Barack Obama’s 2013 budget is a proposal to triple the tax rate on corporate dividends which now stands at 15 percent, a move that would have a severe effect on retirees, The Wall Street Journal notes in an editorial.

Obama is proposing to raise the dividend tax rate to the higher personal income tax rate of 39.6 percent, according to the Journal. The rate jumps to 41 percent with the planned phase-out of deductions and exemptions and then hits 44.8 percent with the 3.8 percent investment tax surcharge in Obamacare.

“Of course, the White House wants everyone to know that this new rate would apply only to those filthy rich individuals who make $200,000 a year, or $250,000 if you’re a greedy couple. We’re all supposed to believe that no one would be hurt other than rich folks who can afford it,” the Journal wrote.

“The truth is that the plan gives new meaning to the term collateral damage, because shareholders of all incomes will share the pain. Here’s why. Historical experience indicates that corporate dividend payouts are highly sensitive to the dividend tax. Dividends fell out of favor in the 1990s when the dividend tax rate was roughly twice the rate of capital gains.”

via Obama Dividend Tax Would Devastate Retirees.

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