CBO to employers: Obamacare has $4B more in taxes than expected (Congress, illegal)
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Business owners will pay $4 billion more in taxes under President Obama’s Affordable Care Act (ACA) than the Congressional Budget Office had previously expected.
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In short, CBO revised the Obamacare tax burden upward by $4 billion for businesses and $1 billion to $1.5 billion for individual workers.
I thought Obama said that no one earning under $250,000.00 would see their taxes go up? Those "individual workers" I'm sure aren't 1%ers.......but their taxes will be raised.
It's only money. And plenty here on C-D think they are not paying enough so now they have their "opportunity" to give more of their money to the government.
And we still have until 2014 before it kicks in. I expect a lot more "new" adjustments to come out of the CBO between now and then.
And even after all that there will still be millions who can't get insurance. That was from yesterday's CBO report on making the extended medicaid optional.
So the purpose of the bill..giving everyone access to insurance is toast before it even goes into effect.
And even after all that there will still be millions who can't get insurance. That was from yesterday's CBO report on making the extended medicaid optional.
So the purpose of the bill..giving everyone access to insurance is toast before it even goes into effect.
Yes...I wondered about the Liberal reasoning here....
Some folks cannot afford insurance. The ACA won't suddenly make them able to afford insurance.
So let's make those poor folks pay a PENALTY-TAX ????
It doesn't even accomplish what they claimed it would, levies a TAX on the very people who need help, and more than likely lowers everyone's quality of healthcare.
discovers a nugget in the analysis provided by the Congressional Research Office on HR3200, the House version of ObamaCare coming to the floor. While Barack Obama insists that the idea that ObamaCare will cover illegal immigrants is a “myth,” the CRS points out that the bill does nothing to prevent it. Since HR3200 doesn’t require people to establish citizenship or legal residency before applying to exchanges for health insurance, including the public option, taxpayer money will certainly flow to illegal immigrants.
CRS reports do not get released to the public. CRS offers private analysis to members of Congress on request, but rarely do they see the light of day. However, David Freddoso got his hands on a copy of the 11-page analysis, “Treatment of Non-Citizens in HR3200″ late last night, and confirmed Tapscott’s reading:
In its subsection on health insurance subsidies (known as “affordability credits”), HR 3200 does state, “Nothing in this subtitle shall allow Federal payments for affordability credits on behalf of individuals who are not lawfully present in the United States.” That would seem to solve the problem, but it’s more rhetoric than reality. The bill contains no verification requirement or enforcement process for citizenship or legal residency, as exists for other federal benefit programs. The only verification required for the subsidies pertains to family income. Beyond that, as the CRS report notes, everything is left in the hands of the Health Choices Commissioner.
House Democrats defeated all attempts in committee to add an enforcement mechanism that would require proof of citizenship or legal residency for those getting subsidies.
Which is just ONE MORE PROMISE Obama made that's being broken!!
...and all the naysayers who attacked those who said this type of stuff would be hidden in there have some apologizing to do now.
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