Monday, December 14, 2009

Shhh!, It's Taxes Stupid; But Don't Tell

Want to know how Reid and Obummer plan on paying for the so called Health Reform which is no reform at all but a tax and a way of controlling another segment of the American economy?

Senator Harry Reid's health care bill uses the word "tax" 183 times--and each time it hurts more than the last. As documented (section/cost) by Americans for Tax Reform, here are 18 of Sen. Reid's tax hikes:

Individual Mandate Tax (Sec. 1501/$8 billion),

Employer Mandate Tax (Sec. 1513/$28 billion),

Excise Tax on Comprehensive Health Insurance Plans (Sec. 9001/$149.1 billion),

Employer Reporting of Insurance on W-2 (Sec. 9002/Min$),

Medicine Cabinet Tax (Sec. 9003/$5 billion),

HSA Withdrawal Tax Hike (Sec. 9004/$1.3 billion),

FSA Cap (Sec. 9005/$14.6 billion),

Corporate 1099-MISC Information Reporting tax (Sec. 9006/$17.1 billion),

Excise Tax on Charitable Hospitals (Sec. 9007/Min$),

Tax on Innovator Drug Companies (Sec. 9008/$22.2 billion),

Tax of Medical Device Manufacturers (Sec. 9009/$19.3 billion),

Tax on Health Insurers (Sec. 9010/$60.4 billion),

The bill seeks to Eliminate tax deduction for employer-provided retirement Rx drug coverage in coordination with Medicare Part D (Sec. 9012/$5.4 billion),

Raise "Haircut" for Medical Itemized Deduction from 7.5% to 10% of AGI (Sec. 9013/$15.2 billion),

Sets a $500,000 Annual Executive Compensation Limit for Health Insurance Executives (Sec. 9014/$0.6 billion),

Hike in the Medicare Payroll Tax (Sec. 9015/$53.8 billion),

Blue Cross/Blue Shield Tax Hike (Sec. 9016/$0.4 billion),

Tax on Cosmetic Medical Procedures (Sec. 9017/$5.8 billion).

Now you know how they manage to “Cook the Numbers” to show it will “save” money. It amounts to TAX, TAX, TAX. But then that is a favorite item in the leftist vocabulary. In other words, it’s a lie, not just a lie but a blatant lie which we use to call back up in the mountains, a low down rotten skunk smelling damn lie. There is no other language to describe it otherwise that is printable on this blog.

Hat tip: FRC


GM Roper said...

That amounts to a very minimum of about 391.2 billion dollars, on top of the expiring Tax Cut that Bush gave us...

I think I'll have to hock my back teeth just to pay the interest on the taxes I can't pay.

Ticker said...

And just think GM that doesn't include the host of taxes that
"Crap and Tax" will bring. Then of course the Pelosi tax in the previous blog will be a harbinger of additional taxes.
but that doesn't bother the libtards in the least, at least until it finally hit's their back pocket then listen to the moaning and groaning. They will still find a way to blame someone else for it you can bet your sweet on that.

Always On Watch said...

Anyone should be able to discern that there's no way other than taxes to pay for the so-called Health Reform Act.

Still, dreamers and utopians won't believe the facts as presented here.