The Giant sucking sound from Obama Care
Posted in the Indianapolis Forum
#1 Nov 10, 2012
Get ready for the giant sucking sound of jobs gone from Obama care. Now PAPA John's is cutting workers pay to cover the Obama care health pay. Yes people thought Obama care was free. Now Obama is saying his reelection was a mandate upon the rich.Let me say this to Obama. You didn't pay for all of those social welfare programs. We the people pay for them everyday in the taxes you collect.Obama once again demonizes people who have more money. That's his way of suppressing the votes . I say this to all those lame twits in college who voted for Obama again. Ask mommy and daddy are they better off than four years ago. I bet they say are you kidding. Come this Jan, Obama is to do away with the current tax code rate GWB had. This means if mommy and daddy fall in the range of $25K to $250k they will see an increase of about $4000 to $5000 in taxes. That's what you get when you bought into change and blame by Obama and envy and jealousy of people who were successful . The sad thing , The middle class is already paying for it in jobs lost under Obama and much higher gas at the pump. Now the real taxes will be here in 2013. Obama will smile the next four years knowing he socked it to the white middle class people, The other sad thing is married white middle class women voted for Romney more than for Obama. Now their incomes shall be targeted for not supporting Obama . The good thing is their kids will have less goodies from those parents who voted for Obama. The energy tax is coming also. Obama plans to submit it again, His cap and tax bill .I'm truly amazed of how many ignorant people go to college now these days.Ask mommy and daddy also if they knew under Obama care That if they sell their home, They get have a huge tax bill to pay toward Obama care, Yes Obama and his marxist thug pals at the IRS will punish home owners just for selling their homes , Basically they are making no escape from Obama care. oNE WAY OR THE OTHER YOU WILL HAVE TO PAY FOR IT. yOUR GRANDMA AND GRANDPA ARE PAYING NOW IN THE $750 billion dollards Obama stole from medicare and medicade . enjoy the next fours years as many people leave America and many business's decide to dissolve and many people go gault liek in ATLAS SHRUGGED.iT'S COMING PEOPLE. huge lay offs and jobs lost. They are already saying unemployment will once again be over 9% with in months.When business and workers go gault, Those social programs are cut. slashed and eliminated .
Since: Dec 06
#2 Nov 11, 2012
I believe we are wasting our time warning of what is coming next year. They will not believe anything still they see their first check under ObamaCare. The penalty/tax will be phased in from 2014 to 2016.
The minimum penalty/tax in 2016 will be $695 per person and up to 3-times that per family. After 2016, these amounts will increase at the rate of inflation
The minimum penalty/tax per person will start at $95 in 2014 (and then increase through 2016)
No family will ever pay more than 3X the per-person penalty, regardless of how many people are in the family.
The $695 per-person penalty is only for those who make between $9,500 and ~$37,000 per year. If you make less than ~$9.500, you're exempt. If you make more than ~$37,000, your penalty is calculated by the following formula...
he penalty is 2.5% of any household income above the level at which you are required to file a tax return. That level is currently $9,500 per person and $19,000 per couple. The penalty on any income above that is 2.5%. So the penalty can get expensive quickly if you make a lot of money.
Since: Dec 06
#3 Nov 11, 2012
However, the penalty can never be more than the cost of a "Bronze" heath insurance plan purchased through one of the state "exchanges" that will be created as part of Obamacare. The CBO estimates that these policies will cost $4,500-$5,000 per person and $12,000-$12,500 per family in 2016, with the costs rising thereafter.
The IRS will collect the penalty-tax, a fact that will no doubt further enrage those who hate Obamacare.
The IRS will not have the power to charge you criminally or seize your assets if you refuse to pay. The IRS will only have the ability to sue you. And the most the IRS can collect from you if it wins the suit is 2X the amount you owe. So if you want to thumb your nose at the penalty-tax, the IRS won't be able to do as much to you as they could if you refused to pay, say, income tax
By the way, the following folks will be exempt from the penalty-tax:
Those who make less than $9,500
Employees whose employers only offer plans that cost more than 8% of the employee's income
Those with "hardships"
Members of Indian tribes
Members of certain religions that don't pay Social Security tax, such as Amish, Hutterites, or Mennonites
Go Obama, you get what you vote for. http://www.businessinsider.com/how-much-is-th...
And you notice this is not a fox news link.:)
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