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Health Care Before The Court Brian Beutler-July 2, 2012, 2:58 PM39208
Before the Supreme Court upheld the Affordable Care Act, the principal GOP lines of attack against the law were hyperbolic, but subjective: government takeover of health care, unconstitutional overreach, etc.
From the moment the Court determined the law stands as an exercise of Congress’ taxing power, though, Republicans have gone empirical. They now say that if the mandate is a tax, then it’s one of the greatest tax hikes in history.
In the wake of the decision, Rush Limbaugh said, “what we now have is the biggest tax increase in the history of the world.”
But when you compare the projected revenue effect of the individual mandate to the actual revenue effects of other, actually large tax increases, the claim becomes laughable.
We used the Treasury Department’s four-year data on the revenue effects of large tax increases signed by Ronald Reagan, George H.W. Bush and Bill Clinton; along with CBO projections of the revenue effect of the mandate adjusted for its GDP projections during the mandate’s first four years.
The mandate is tiny by comparison. Not, as Scott Walker warned, a “massive tax increase on the people of Wisconsin and America.”
As others have noted, even if you include the sum total of all the revenue-raising provisions in the ACA — and there are many taxes in it — it’s still smaller than the Reagan, Bush and Clinton tax increases.
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It's about the 5th largest, though it's one of the few taxes that directly benefit the person paying it. In that sense it's more like a fee. The GOP/Tea/Fox/Jesus freak party enjoys saying that the 'government is taking over HEALTH CARE', but this is about HEALTH INSURANCE.
More to the point it's about private, for profit HEALTH INSURANCE..there is no additional 'GOVERNMENT' component involved. The Gop/Tea/Fox/jesus freak party's Ministry of Propaganda, all of those right wing radio dummies and FOX are in the business of propaganda and disinformation...EVER THING those people say is total, adulterated bull #$%^ !
According to the SCOTUS statement by Roberts is, it is NOT a tax, it is a penalty Congress has ability to assess according to their ability to levy taxes., therefore it is Constitutional.
The only people who will pay a penalty (that the Right is choosing to call a tax) are people who do not buy health insurance. There are now a small percentage who don't wish to buy health insurance. There are about the same percentage of people who want insurance but were previously denied insurance.
Add to those percentages, the fact that the penalty will be 2% of ones income and will only be levied upon them when they have a tax refund for the IRS to pull the penalty from. Only businesses that have 50 employees and more will be required to provide insurance for their employees and the employer will recieve tax credits that will help them pay for the premiums which are anticipated, based on the Mass. model, will drop dramatically.
So, it doesn't sound like a tax to me at all. It sounds like making people be responsible and THAT is one of the roles the founding fathers expected government to play.
Doesn't sound like a big deal to me.
actually, the sole fee which will bypass up is the optimal tax bracket to 39.6%. All others will the two stay the comparable or bypass down. in certainty, earnings threshholds wilso exchange that some households will locate themselves in a decrease tax bracket. verify your data, the fees you have listed above isn't suitable in any respect. yet, i'm beneficial you recognize that
Wait a minute .. every government agency ever conceived has overspent 10 times over. This is not any different unless you actually believe the CBO from a 8% approval rated congress.
Of course it is.
Mr. Government:
War on Poverty started in 1964. You have had 47 years to get it right; $1 trillion of our money is confiscated each year and transferred to “the professional poor” and they only want more.
The U.S. Post Service was established in 1775. You have had 236 years to get it right and it is broke.
Fannie Mae was established in 1938. You have had 73 years to get it right and it is broke.
Medicare and Medicaid were established in 1965. You have had 46 years to get it right and they are broke.
Freddie Mac was established in 1970. You have had 41 years to get it right and it is broke.
The Department of Energy was created in 1977 to lessen our dependence on foreign oil. It has ballooned to 16,000 employees with a budget of $24 billion a year and we import more oil than ever before. You had 34 years to get it right and it is an abysmal failure.
You have FAILED in every “government service” you have shoved
down our throats while overspending our tax dollars
AND YOU WANT AMERICANS TO BELIEVE YOU CAN BE TRUSTED WITH A GOVERNMENT-RUN HEALTH CARE SYSTEM?
I think not, because before Americans would pay in taxes for the uninsured that go to the hospital, now only the uninsured pay this tax, even though it is more money per person. I think.
The CBO's latest estimate of the costs are about $1.76 trillion dollars. The Supreme Court has ruled it a tax. Therefore it is a $1.76 trillion dollar tax on the people, easily the largest tax in history. It is larger than every annual budget prior to 2000.
So in dollar terms yes it is the largest tax increase in history, but as a percentage of expenditures it obviously isn't since expenditures have increased so dramatically in the last two decades.
http://www.whitehouse.gov/omb/budget/Historicals/
No, it's small considering Reagan's and Bush's.
for the semi-rich and rich who prefer small-benifit extreme-deductible plans, this is a big expense.
http://www.washingtonpost.com/blogs/ezra-klein/fil...
No, basically.