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Old 01-14-2010, 06:08 PM
 
1,319 posts, read 1,617,040 times
Reputation: 404

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I was aghast to hear more political cronyism and political paybacks in the Health Care Reform debate today.

The Obama Administration is proposing that organized labor be given an excemption from paying the tax on Cadillac Health Plans until 2018...

All other Americans will be subject to the tax - and from what I see - it is NOT indexed to inflation - so as time goes by - more and more middle-class non-union people will fall prey to it..

This simply STINKS!!!

I am disgusted how bribes are being paid to special interest groups, or only certain states (like Louisiana and Nebraska) to BUY their support for this sham...

It is so watered down now that it will do nothing to contain costs, and the benefits under the plan will be heavily skewed towards Obama supporters.

Is this the kind of new government we were promised - one that would show no favoratism to special interest groups or the rich and powerful? Is this the kind of change we wanted???

I think not...

I urge everyone to write their US Senator and Congressman to vote against this partisan and worthless reform bill.
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Old 01-14-2010, 06:59 PM
 
Location: the very edge of the continent
88,989 posts, read 44,804,275 times
Reputation: 13693
I'm sorry, but exactly what about Chicago patronage politics did you not understand? What did you think you were going to get by electing a politician borne of Chicago-style corruption?

This was all in plain view before Obama was elected. Just an example...
Obama's Political "Godfather" In Illinois - CBS News
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Old 01-14-2010, 07:06 PM
 
Location: Great State of Texas
86,052 posts, read 84,464,288 times
Reputation: 27720
I heard that by 2019 about 40% or more of middle class will be paying this tax.
This is fashioned after AMT..that evil tax on "the rich"..remember ? Now hits lower middle income folks as it was never indexed. Thank the Dems for that gem.
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Old 01-14-2010, 07:11 PM
 
4,176 posts, read 6,334,125 times
Reputation: 1874
Quote:
Originally Posted by HubbleRules View Post
I was aghast to hear more political cronyism and political paybacks in the Health Care Reform debate today.

The Obama Administration is proposing that organized labor be given an excemption from paying the tax on Cadillac Health Plans until 2018...

All other Americans will be subject to the tax - and from what I see - it is NOT indexed to inflation - so as time goes by - more and more middle-class non-union people will fall prey to it..

This simply STINKS!!!

I am disgusted how bribes are being paid to special interest groups, or only certain states (like Louisiana and Nebraska) to BUY their support for this sham...

It is so watered down now that it will do nothing to contain costs, and the benefits under the plan will be heavily skewed towards Obama supporters.

Is this the kind of new government we were promised - one that would show no favoratism to special interest groups or the rich and powerful? Is this the kind of change we wanted???

I think not...

I urge everyone to write their US Senator and Congressman to vote against this partisan and worthless reform bill.

Aren't you an Obama supporter?

If I recall, you were from NY. Your 2 Communist, I mean Democratic, Senators will gladly support the union exemption. Hopefully this shows you what a bunch of crooks and commies the current (D)s are. Trust me... the GOP is FAR from perfect but, if given the choice between the two, the (Rs) are MUCH better than the (D)s!
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Old 01-14-2010, 07:29 PM
 
Location: Central Maine
4,697 posts, read 6,447,121 times
Reputation: 5047
According to the CNN article I read about this, unions are not exempt from the so-called "Cadillac" tax. They won't be hit by the 40% tax until 2018, but at that point, if they still have "Cadillac" plans, they'll have to pay the tax.

First,
The proposed thresholds for taxing health plans will be raised from $23,000 to $24,000 for families and from $8,500 to $8,900 for individuals, AFL-CIO President Richard Trumka told reporters.
And then,
Health plans covered by union contracts would not be subject to the 40 percent tax until 2018 -- a transition period union leaders said is comparable to those offered to other private insurers.
Also,
The threshold for taxing other plans will be adjusted by 1 percent above the annual rate of inflation...
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Old 01-14-2010, 07:32 PM
 
Location: Land of debt and Corruption
7,545 posts, read 8,325,406 times
Reputation: 2889
Quote:
Originally Posted by HubbleRules View Post
All other Americans will be subject to the tax - and from what I see - it is NOT indexed to inflation - so as time goes by - more and more middle-class non-union people will fall prey to it..
And you know what's an even bigger slap in the face? The "cadillac expemption" IS indexed to inflation.
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Old 01-14-2010, 07:38 PM
 
20,187 posts, read 23,850,642 times
Reputation: 9283
I wonder what the "new" CBO project will be with the large handicap... its main funding just got cut down big time.... I think its going to be 1.5 Trillion because of the lost revenue for 8 years but nobody seems to be talking about it...
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Old 01-14-2010, 07:42 PM
 
Location: Land of debt and Corruption
7,545 posts, read 8,325,406 times
Reputation: 2889
Quote:
Originally Posted by evilnewbie View Post
I wonder what the "new" CBO project will be with the large handicap... its main funding just got cut down big time.... I think its going to be 1.5 Trillion because of the lost revenue for 8 years but nobody seems to be talking about it...
I think it's projected to be a $60 billion loss if I remember correctly.

ETA:
Quote:
The changes will reduce the $150 billion expected to be raised over 10 years by about $60 billion
http://edition.cnn.com/2010/POLITICS....negotiations/
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Old 01-14-2010, 07:53 PM
 
Location: Vermont
11,759 posts, read 14,650,345 times
Reputation: 18528
Quote:
Originally Posted by whatyousay View Post
I think it's projected to be a $60 billion loss if I remember correctly.

ETA:
Union leaders: Deal reached on taxing 'Cadillac' health care plans - CNN.com
Nobody expects the Cadillac tax to raise any money. If it is adopted the carriers will just chisel down the policies to get below the threshold. Isn't that obvious?
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Old 01-14-2010, 07:57 PM
 
Location: Land of debt and Corruption
7,545 posts, read 8,325,406 times
Reputation: 2889
Quote:
Originally Posted by jackmccullough View Post
Nobody expects the Cadillac tax to raise any money. If it is adopted the carriers will just chisel down the policies to get below the threshold. Isn't that obvious?
Well of course that's what will happen. It's just the admin's way of promoting this bill as covering its costs. They manipulate the figures to make it more palatable and get a better CBO cost figure.
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