Barack Obama, our next President

Full story: Hampton Roads Daily Press

"The road ahead will be long. Our climb will be steep," Obama cautioned. Young and charismatic but with little experience on the national level, Obama smashed through racial barriers and easily defeated ...
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Since: May 11

Gettysburg, PA

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#991907
Sep 29, 2013
 

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TheIndependentMajority wrote:
<quoted text>
DELAY the COMMIETIC Manifesto of the American Communist Act!!!
STOMP out Communism in it's 3rd world, socio-econmic DRAINING Marxist train derailment tracks!
REDO the multiple layers of DUNG in the bill!!
And get it RIGHT this time-NO Partisan long arm Commie manifesto of THUG poliTICS allowed this time!
F*ck you. Your Party had a year to participate & they did nothing but say no.

If Republicans wanted to reform healthcare the way they wanted they should have done it in the 12 years from 1995 thru 2006 when they ran Congress.

But they didn't so you & your buddies can go f*ck themselves.

“fairtax.org”

Since: Dec 08

gauley bridge wv

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#991908
Sep 29, 2013
 

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Make no mistake the Ayatollahs run Iran. Nothing will happen there without their approval. If you think otherwise you are delusional.
Realtime

Deltona, FL

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#991909
Sep 29, 2013
 

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Eman wrote:
<quoted text>
"There is no doubt that these desolate conditions, and the consequent depleting Iranian morale, are the result of the unyielding sanctions imposed by the United States and other nations. And while these sanctions were absolutely provoked and rationalized by President Mahmoud Ahmadinejad’s bellicose policies, nearly half of Iran’s populace — 46%— chiefly blames the United States for the economic and emotional woes that they and their fellow countrymen are facing.
It is clear that the sanctions are successfully imposing crippling hardships as intended. Yet their actual practical gains are questionable. Rather than forcing the Iranian government to reduce its funding for its nuclear program, or reducing the general Iranian drive to develop nuclear capabilities, the sanctions are perpetuating the anti-American stigma that already permeates the nation and its region, and that poses an increasing security threat to the United States and its allies."
Nah, Iran is a tad of a threat to Israel__Iran wouldn't dare go after Turkey-Jordan-Saudi Arabia-Qatar et al.

Early this month Iran rolled out about 30 long range missiles that could perhaps hit Israel or perhaps fall harmlessly (or not) along the way. Iran doesn't have dependable guidance systems but simply leftover soviet crap that Russia traded them for oil.
No Surprize

Seminole, FL

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#991910
Sep 29, 2013
 

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OBAMA the GENIUS wrote:
800,000 fed workers to be furloughed Tuesday as part of the Republican Gov shutdown.
Thanks azzzzzzholes!
Now everyone knows you hate the people.
Old Ruthie always coming back for more, punked by obama and blames others for her addiction to idiot...

If it's ghetto, ignorant, and idiot, it's free cheese, loser, and liberal..

It's the culture...

“fairtax.org”

Since: Dec 08

gauley bridge wv

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#991911
Sep 29, 2013
 

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RealDave wrote:
<quoted text>
The CBO people have brains & they said its aid for.
Exactly what ACA tax will you pay?
Speaking of taxes, here are 20 new taxes ObamaCare imposes
By Bruce McQuain

These via the Americans for Tax Reform. Says the ATR:

Taxpayers are reminded that the President’s healthcare law is one of the largest tax increases in American history.

Indeed. Tax increases which took place in 2010 after the passage of the bill:

1. Excise Tax on Charitable Hospitals (Min$/immediate):$50,000 per hospital if they fail to meet new "community health assessment needs," "financial assistance," and "billing and collection" rules set by HHS. Bill: PPACA; Page: 1,961-1,971

2. Codification of the “economic substance doctrine”(Tax hike of $4.5 billion). This provision allows the IRS to disallow completely-legal tax deductions and other legal tax-minimizing plans just because the IRS deems that the action lacks “substance” and is merely intended to reduce taxes owed. Bill: Reconciliation Act; Page: 108-113

3.“Black liquor” tax hike (Tax hike of $23.6 billion). This is a tax increase on a type of bio-fuel. Bill: Reconciliation Act; Page: 105

4. Tax on Innovator Drug Companies ($22.2 bil/Jan 2010):$2.3 billion annual tax on the industry imposed relative to share of sales made that year. Bill: PPACA; Page: 1,971-1,980

5. Blue Cross/Blue Shield Tax Hike ($0.4 bil/Jan 2010): The special tax deduction in current law for Blue Cross/Blue Shield companies would only be allowed if 85 percent or more of premium revenues are spent on clinical services. Bill: PPACA; Page: 2,004

6. Tax on Indoor Tanning Services ($2.7 billion/July 1, 2010): New 10 percent excise tax on Americans using indoor tanning salons. Bill: PPACA; Page: 2,397-2,399

“fairtax.org”

Since: Dec 08

gauley bridge wv

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#991912
Sep 29, 2013
 

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By my count $53.4 billion plus that collected in point 1.

2011:

7. Medicine Cabinet Tax ($5 bil/Jan 2011): Americans no longer able to use health savings account (HSA), flexible spending account (FSA), or health reimbursement (HRA) pre-tax dollars to purchase non-prescription, over-the-counter medicines (except insulin). Bill: PPACA; Page: 1,957-1,959

8. HSA Withdrawal Tax Hike ($1.4 bil/Jan 2011): Increases additional tax on non-medical early withdrawals from an HSA from 10 to 20 percent, disadvantaging them relative to IRAs and other tax-advantaged accounts, which remain at 10 percent. Bill: PPACA; Page: 1,959

$6.4 billion more ($59.8 billion and counting).

2012:

9. Employer Reporting of Insurance on W-2 (Min$/Jan 2012): Preamble to taxing health benefits on individual tax returns. Bill: PPACA; Page: 1,957

No actual number but let’s just say “billions and billions” as the middle class gets taxed for its health benefits. Next year (2013), these kick in:

10. Surtax on Investment Income ($123 billion/Jan. 2013): Creation of a new, 3.8 percent surtax on investment income earned in households making at least $250,000 ($200,000 single). This would result in the following top tax rates on investment income: Bill: Reconciliation Act; Page: 87-93

Also known as a “tax on the rich”. To what effect? Well in 2012 capital gains is taxed at 15%, dividends at 15% and “other” at 35%. If you’re wondering what constitutes “other” here’s how it is defined:

*Other unearned income includes (for surtax purposes) gross income from interest, annuities, royalties, net rents, and passive income in partnerships and Subchapter-S corporations. It does not include municipal bond interest or life insurance proceeds, since those do not add to gross income. It does not include active trade or business income, fair market value sales of ownership in pass-through entities, or distributions from retirement plans. The 3.8% surtax does not apply to non-resident aliens.

In 2013 capital gains will be taxed at 23.8%, dividends at 43.4% and “other” at 43.4%.
John Galt

Temecula, CA

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#991913
Sep 29, 2013
 

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RealDave wrote:
<quoted text>
You still have't mention which of the ACA taxes you will be paying.
Medicare
interest
dividends
capital gains
passive income
rental income
royalty income
reduce medical deductions
medical devices

“fairtax.org”

Since: Dec 08

gauley bridge wv

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#991914
Sep 29, 2013
 

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In 2013 capital gains will be taxed at 23.8%, dividends at 43.4% and “other” at 43.4%.

11. Hike in Medicare Payroll Tax ($86.8 bil/Jan 2013): Current law and changes. Bill: PPACA, Reconciliation Act; Page: 2000-2003; 87-93

12. Tax on Medical Device Manufacturers ($20 bil/Jan 2013): Medical device manufacturers employ 360,000 people in 6000 plants across the country. This law imposes a new 2.3% excise tax. Exempts items retailing for <$100. Bill: PPACA; Page: 1,980-1,986

13. Raise "Haircut" for Medical Itemized Deduction from 7.5% to 10% of AGI ($15.2 bil/Jan 2013): Currently, those facing high medical expenses are allowed a deduction for medical expenses to the extent that those expenses exceed 7.5 percent of adjusted gross income (AGI). The new provision imposes a threshold of 10 percent of AGI. Waived for 65+ taxpayers in 2013-2016 only. Bill: PPACA; Page: 1,994-1,995

14. Flexible Spending Account Cap – aka “Special Needs Kids Tax”($13 bil/Jan 2013): Imposes cap on FSAs of $2500 (now unlimited). Indexed to inflation after 2013. There is one group of FSA owners for whom this new cap will be particularly cruel and onerous: parents of special needs children. There are thousands of families with special needs children in the United States, and many of them use FSAs to pay for special needs education. Tuition rates at one leading school that teaches special needs children in Washington, D.C.(National Child Research Center) can easily exceed $14,000 per year. Under tax rules, FSA dollars can be used to pay for this type of special needs education. Bill: PPACA; Page: 2,388-2,389

15. Elimination of tax deduction for employer-provided retirement Rx drug coverage in coordination with Medicare Part D ($4.5 bil/Jan 2013) Bill: PPACA; Page: 1,994

16.$500,000 Annual Executive Compensation Limit for Health Insurance Executives ($0.6 bil/Jan 2013). Bill: PPACA; Page: 1,995-2,000

Your running total through next year?$322.9+ billion in taxes.

“fairtax.org”

Since: Dec 08

gauley bridge wv

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#991915
Sep 29, 2013
 

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And on to 2014:

17. Individual Mandate Excise Tax (Jan 2014): Starting in 2014, anyone not buying “qualifying” health insurance must pay an income surtax according to the higher of the following:

obamatax

Of course, there are exemptions (Catholics need not apply regardless of what it says):

Exemptions for religious objectors, undocumented immigrants, prisoners, those earning less than the poverty line, members of Indian tribes, and hardship cases (determined by HHS). Bill: PPACA; Page: 317-337

“Undocumented immigrants” get a bye … more of the DREAM Act?

18. Employer Mandate Tax (Jan 2014): If an employer does not offer health coverage, and at least one employee qualifies for a health tax credit, the employer must pay an additional non-deductible tax of $2000 for all full-time employees. Applies to all employers with 50 or more employees. If any employee actually receives coverage through the exchange, the penalty on the employer for that employee rises to $3000. If the employer requires a waiting period to enroll in coverage of 30-60 days, there is a $400 tax per employee ($600 if the period is 60 days or longer). Bill: PPACA; Page: 345-346

Combined score of individual and employer mandate tax penalty:$65 billion/10 years

19. Tax on Health Insurers ($60.1 bil/Jan 2014): Annual tax on the industry imposed relative to health insurance premiums collected that year. Phases in gradually until 2018. Fully-imposed on firms with $50 million in profits. Bill: PPACA; Page: 1,986-1,993
OBAMA the GENIUS

Pittsboro, NC

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#991916
Sep 29, 2013
 

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Republican shutdown.

Republican shutdown.

Hurting the working folks again.

RIGHT WING LIARS!

Every Republican a giant ddddoouucchhee baggggg!

Chase them off the forum......

THEY CAN'T HANDLE THE TRUTH.

ABOUT THE SCUMBAGGGS THEY ARE!
John Galt

Temecula, CA

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#991917
Sep 29, 2013
 

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RealDave wrote:
<quoted text>
Nafta:
1) Negotiated by George HEW Bush
2) Signed by George HS Bush
3) Not ratified in the Senate (thanks to Democrats)
4) A bill enacting the items was passed with a majority of Republicans voting yes & a majority of Democrats voting no
5) Signed by Clinton.
But hey, keep running through the streets screaming " OMG OMG Clinton NAFTA OMG OMG OMG"
ARe you really that GD stupid?
Treaties like NAFTA are essential in a world economy.

“fairtax.org”

Since: Dec 08

gauley bridge wv

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#991918
Sep 29, 2013
 

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And 2018:

20. Excise Tax on Comprehensive Health Insurance Plans ($32 bil/Jan 2018): Starting in 2018, new 40 percent excise tax on “Cadillac” health insurance plans ($10,200 single/$27,500 family). Higher threshold ($11,500 single/$29,450 family) for early retirees and high-risk professions. CPI +1 percentage point indexed. Bill: PPACA; Page: 1,941-1,956

At this point, we’re very near if not past half a trillion dollars in new taxes.

Never mind the perverse incentives Dale outlines in his post about ObamaCare and the fact that they’ll work very hard to make it one of the largest failures in American history. Imagine the horrific effect these taxes will have on the middle class, on investment, on innovation and, frankly, on the level of care. Not to mention the drain on a very shaky economy (and the possibility of Taxmageddon hitting as well).

This is the pig-in-the-poke a Democratic Congress passed and the Supreme Court upheld yesterday.

Really something to celebrate, isn’t it?

~McQ

I see at least 5. Medical equipment tax being one.
OBAMA the GENIUS

Pittsboro, NC

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#991919
Sep 29, 2013
 

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Galt?

Behind your momma's apron?

Dck hole.

“fairtax.org”

Since: Dec 08

gauley bridge wv

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#991920
Sep 29, 2013
 

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7. Medicine Cabinet Tax ($5 bil/Jan 2011): Americans no longer able to use health savings account (HSA), flexible spending account (FSA), or health reimbursement (HRA) pre-tax dollars to purchase non-prescription, over-the-counter medicines (except insulin). Bill: PPACA; Page: 1,957-1,959
8. HSA Withdrawal Tax Hike ($1.4 bil/Jan 2011): Increases additional tax on non-medical early withdrawals from an HSA from 10 to 20 percent, disadvantaging them relative to IRAs and other tax-advantaged accounts, which remain at 10 percent. Bill: PPACA; Page: 1,959
$6.4 billion more ($59.8 billion and counting).
2012:
9. Employer Reporting of Insurance on W-2 (Min$/Jan 2012): Preamble to taxing health benefits on individual tax returns. Bill: PPACA; Page: 1,957
No actual number but let’s just say “billions and billions” as the middle class gets taxed for its health benefits. Next year (2013), these kick in:
10. Surtax on Investment Income ($123 billion/Jan. 2013): Creation of a new, 3.8 percent surtax on investment income earned in households making at least $250,000 ($200,000 single). This would result in the following top tax rates on investment income: Bill: Reconciliation Act; Page: 87-93
Also known as a “tax on the rich”. To what effect? Well in 2012 capital gains is taxed at 15%, dividends at 15% and “other” at 35%. If you’re wondering what constitutes “other” here’s how it is defined:
*Other unearned income includes (for surtax purposes) gross income from interest, annuities, royalties, net rents, and passive income in partnerships and Subchapter-S corporations. It does not include municipal bond interest or life insurance proceeds, since those do not add to gross income. It does not include active trade or business income, fair market value sales of ownership in pass-through entities, or distributions from retirement plans. The 3.8% surtax does not apply to non-resident aliens.
In 2013 capital gains will be taxed at 23.8%, dividends at 43.4% and “other” at 43.4%.
11. Hike in Medicare Payroll Tax ($86.8 bil/Jan 2013): Current law and changes. Bill: PPACA, Reconciliation Act; Page: 2000-2003; 87-93
12. Tax on Medical Device Manufacturers ($20 bil/Jan 2013): Medical device manufacturers employ 360,000 people in 6000 plants across the country. This law imposes a new 2.3% excise tax. Exempts items retailing for <$100. Bill: PPACA; Page: 1,980-1,986
13. Raise "Haircut" for Medical Itemized Deduction from 7.5% to 10% of AGI ($15.2 bil/Jan 2013): Currently, those facing high medical expenses are allowed a deduction for medical expenses to the extent that those expenses exceed 7.5 percent of adjusted gross income (AGI). The new provision imposes a threshold of 10 percent of AGI. Waived for 65+ taxpayers in 2013-2016 only. Bill: PPACA; Page: 1,994-1,995
14. Flexible Spending Account Cap – aka “Special Needs Kids Tax”($13 bil/Jan 2013): Imposes cap on FSAs of $2500 (now unlimited). Indexed to inflation after 2013. There is one group of FSA owners for whom this new cap will be particularly cruel and onerous: parents of special needs children. There are thousands of families with special needs children in the United States, and many of them use FSAs to pay for special needs education. Tuition rates at one leading school that teaches special needs children in Washington, D.C.(National Child Research Center) can easily exceed $14,000 per year. Under tax rules, FSA dollars can be used to pay for this type of special needs education. Bill: PPACA; Page: 2,388-2,389
15. Elimination of tax deduction for employer-provided retirement Rx drug coverage in coordination with Medicare Part D ($4.5 bil/Jan 2013) Bill: PPACA; Page: 1,994
16.$500,000 Annual Executive Compensation Limit for Health Insurance Executives ($0.6 bil/Jan 2013). Bill: PPACA; Page: 1,995-2,000
Your running total through next year?$322.9+ billion in taxes.

Since: May 11

Gettysburg, PA

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#991921
Sep 29, 2013
 

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"According to a taken Sept. 19-22, 63 percent of respondents — and 51 percent of Republicans — said Congress should provide the funding necessary to keep the government open, rather than shut it down in an attempt to defund Obamacare."
OBAMA the GENIUS

Pittsboro, NC

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#991922
Sep 29, 2013
 

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OBAMACARE! It's Everywhere!

You lost the election.

We won!

Now pay up losers!

Cry about a tax.....traitors!

OBAMACARE! WE WON! YOU LOST!

OBAMACARE! NEXT WEEK EVERYWHERE!

OBAMACARE! MAJORITY RULES!

shut down your mouth: puceees!

GOP: GOOFY OLD WHITE RACIST PUCEEES!

REPUBLICANS: fools who lost it all.
Fenris the Big Bad Wolf

United States

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#991923
Sep 29, 2013
 

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OBAMA the GENIUS wrote:
Republican shutdown.
Republican shutdown.
Hurting the working folks again.
RIGHT WING LIARS!
Every Republican a giant ddddoouucchhee baggggg!
Chase them off the forum......
THEY CAN'T HANDLE THE TRUTH.
ABOUT THE SCUMBAGGGS THEY ARE!
How does that make you FEEL, freeloadingchimpy??

LMAO @U.......:-)
John Galt

Temecula, CA

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#991924
Sep 29, 2013
 

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RealDave wrote:
"According to a taken Sept. 19-22, 63 percent of respondents — and 51 percent of Republicans — said Congress should provide the funding necessary to keep the government open, rather than shut it down in an attempt to defund Obamacare."
Republicans have provided the funding...the DemoKKKrats want the shutdown.

Since: May 11

Gettysburg, PA

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#991925
Sep 29, 2013
 

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John Galt wrote:
<quoted text>
Medicare
interest
dividends
capital gains
passive income
rental income
royalty income
reduce medical deductions
medical devices
Many of those listed are only if you make over $200/$250K . And we know you don't.

You have no change in the Medicare tax you are paying.

You pay no tax on medical devices.
TheIndependentMa jority

Somerset, KY

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#991926
Sep 29, 2013
 

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OBAMA the GENIUS wrote:
800,000 fed workers to be furloughed Tuesday as part of the Republican Gov shutdown.
Thanks azzzzzzholes!
Now everyone knows you hate the people.
Tsk, tsk Obama and the rest of the slackers should've shown up for WORK today.

ALLLL those people there just waiting.

Now everyone REALLY does know-who showed up and who didn't!!

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