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Yes, insurance companies are cancelling policies that they can no longer sell because they don't meet the specifications of the ACA and replacing them with policies that DO meet those specifications - and the policies are comparatively priced.
I've asked before and you have yet to provide me with an answer.. lets try a different question.
How do non home owners, give money to home owners? I've got multiple homes.. I have yet to get a check from someone else for any of them. Is there some application process I have to go through to receive one?
Do you as a homeowner have a mortgage and deduct mortgage interest from your taxes? If yes, then you are being subsidized by non homeowners.
My neighbor, self employed, huge Obama supporter, couldn't wait for the ACA bill to be signed. Overly happy saying he could now have health care. When I told him that health care plans would not be free, he looked at me like I told him the biggest lie he ever heard.
A deduction, isnt free money.. Its YOUR MONEY, that they ALLOW YOU TO KEEP..
Like I said, Show me where owning a home, takes money from SOMEONE ELSE, who does not own a home..
That was YOUR claim...
Try again..
Owning a home and having a mortgage where you deduct your interest from your taxes is a subsidy that is paid by someone else.
The Wall Street Journal will show you where owning your home takes money from SOMEONE else who does not own a home ... (http://blogs.wsj.com/developments/20...e-deduction/):
The U.S. tax code provides generous subsidies to housing, including deductions for home mortgage interest, property taxes and an exclusion from all or part of capital gains taxes on many sales. Many academics favor eliminating or at least scaling back many of these subsidies, particularly the mortgage-interest deduction.
Also this article will help you understand how homeowners take money from someone else(http://www.cbpp.org/cms/?fa=view&id=3948):
Mortgage Interest Deduction Is Among the Largest Tax Subsidies
Homeowners can currently deduct their interest payments on home mortgage balances up to $1 million from their taxable income. They also can deduct interest on home equity loans of up to $100,000. Within these caps, taxpayers can claim deductions on up to two homes. The mortgage interest deduction is part of a group of deductions known as “itemized deductions,” which also include deductions for charitable giving and state and local taxes. Taxpayers can either itemize their deductions or take the standard deduction ($6,100 for singles and $12,200 for couples in 2013). Only about one-third of filers itemize their deductions. The mortgage interest deduction is considered a “tax subsidy” because it provides a benefit to a particular group of taxpayers; it is the most costly itemized deduction and among the largest tax expenditures.
We know you are smarter than us and need to hold our hands while we read our policies and help us make life critical decisions that we are incaplable of. Its a good thing theres people like you who care so much for us ignoramuses that dont know whats good for us and that folk like you would take the time to create and enact laws to protect us from ourselves. And just so im clear about my appreciatioon for you concern we will pay what ever taxes your IRS deems fair for this care and service.
Thank You
boner
Quote:
Originally Posted by TigerLily24
Every time I see/hear this, I wonder if anyone had any idea how many sub-prime policies people were carrying. Of course, we would often hear about them when people got cancer or some other high-cost treatment disease and their carrier dumped them, or they discovered that they weren't covered at all after years of payments.
Now, when carriers are told that they actually need to provide the coverage that people were paying for, the fact that they don't want to participate is somehow the government's fault.
Makes me wonder if this so-called coverage even existed at all anywhere other than on a piece of paper.
Seems to me that an awful lot of people were/are content to pay for garbage.
Maybe I'm crazy, but, being protected from the vagaries of one's policy holder seems like it would be a good thing.
Owning a home and having a mortgage where you deduct your interest from your taxes is a subsidy that is paid by someone else.
The Wall Street Journal will show you where owning your home takes money from SOMEONE else who does not own a home ... (http://blogs.wsj.com/developments/20...e-deduction/):
The U.S. tax code provides generous subsidies to housing, including deductions for home mortgage interest, property taxes and an exclusion from all or part of capital gains taxes on many sales. Many academics favor eliminating or at least scaling back many of these subsidies, particularly the mortgage-interest deduction.
Also this article will help you understand how homeowners take money from someone else(Error — Center on Budget and Policy Priorities
Mortgage Interest Deduction Is Among the Largest Tax Subsidies
Homeowners can currently deduct their interest payments on home mortgage balances up to $1 million from their taxable income. They also can deduct interest on home equity loans of up to $100,000. Within these caps, taxpayers can claim deductions on up to two homes. The mortgage interest deduction is part of a group of deductions known as “itemized deductions,” which also include deductions for charitable giving and state and local taxes. Taxpayers can either itemize their deductions or take the standard deduction ($6,100 for singles and $12,200 for couples in 2013). Only about one-third of filers itemize their deductions. The mortgage interest deduction is considered a “tax subsidy” because it provides a benefit to a particular group of taxpayers; it is the most costly itemized deduction and among the largest tax expenditures.
Apparently you've never been hit with the AMT. Get back to those of us who get hit with the AMT (a tax invented by the Dems to make the rich pay). The AMT disallows many deductions. It's like the government stealing back those same "subsidies" you talk about with property tax deductions and home equity loan interest deductions.
And unlike the mortgage interest "subsidy" you talk about which decreases year after year. The ACA "subsidy" grows year after year.
For one, if you don't like the health plan the employer is offering you can switch jobs.
So I guess you have a secret closet full of jobs you'll be handing out, right? Otherwise that statement would be beyond foolish, bordering on delusional. There are millions looking for decent employment.
Apparently you've never been hit with the AMT. Get back to those of us who get hit with the AMT (a tax invented by the Dems to make the rich pay). The AMT disallows many deductions. It's like the government stealing back those same "subsidies" you talk about with property tax deductions and home equity loan interest deductions.
And unlike the mortgage interest "subsidy" you talk about which decreases year after year. The ACA "subsidy" grows year after year.
Yep, he obviously was never hit by ATM I doubt he even knows what it is. Again yes its another Democrat plan to "tax the rich" only it does not take inflation into account. If they didn't get tax relieve from Bush alot of people would have been shocked to find out that Democrats consider them rich.
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