March 22, 201015 yr Yet the benefits don't start for four years Yes but you can bet the payments/taxes we are expected to pay will start shortly There goes that raise.
March 22, 201015 yr 16,500 more IRS agents needed to enforce ObamacareBy: J.P. FreireAssociate Commentary Editor 03/18/10 4:32 PM EDT New tax mandates and penalties included in Obamacare will cause the greatest expansion of the Internal Revenue Service since World War II, according to a release from Rep. Kevin Brady, R-Texas. A new analysis by the Joint Economic Committee and the House Ways & Means Committee minority staff estimates up to 16,500 new IRS personnel will be needed to collect, examine and audit new tax information mandated on families and small businesses in the 'reconciliation' bill being taken up by the U.S. House of Representatives this weekend. ... Scores of new federal mandates and fifteen different tax increases totaling $400 billion are imposed under the Democratic House bill. In addition to more complicated tax returns, families and small businesses will be forced to reveal further tax information to the IRS, provide proof of 'government approved' health care and submit detailed sales information to comply with new excise taxes. Americans for Tax Reform has a good breakdown of the bill by the numbers. Isn't it reassuring that at a time of recession, government will do what's necessary to ensure its growth? So, in a time of recession and high unemployment, they have just created 16,500 new jobs. Isn't that a good thing? The addition of 16,500 new federal employees is hardly what anybody from the US would call a good thing. The following data was lifted from Flying's link. ______________________________________________________ Americans for Tax Reform today released the following “By the Numbers” breakdown of ObamaCare: The number of new tax increases in the healthcare bill: 19 The number of tax increases that unquestionably violate President Obama’s “firm pledge” not to raise “any form” of taxes on families making less than $250,000: 7 The tax increase over the first decade if the healthcare bill becomes law: $497 billion The top federal tax rate on wages and self-employment earnings under this bill: 43.4% The annual tax hike for every man, woman, and child in America: $165 The top federal tax rate on early distributions from HSAs under this bill: 59.6% The most parents of special-needs kids can save tax-free for tuition in FSAs (currently, the amount is unlimited): $2500 ____________________________________________________________
March 22, 201015 yr 16,500 more IRS agents needed to enforce ObamacareBy: J.P. FreireAssociate Commentary Editor 03/18/10 4:32 PM EDT New tax mandates and penalties included in Obamacare will cause the greatest expansion of the Internal Revenue Service since World War II, according to a release from Rep. Kevin Brady, R-Texas. A new analysis by the Joint Economic Committee and the House Ways & Means Committee minority staff estimates up to 16,500 new IRS personnel will be needed to collect, examine and audit new tax information mandated on families and small businesses in the 'reconciliation' bill being taken up by the U.S. House of Representatives this weekend. ... Scores of new federal mandates and fifteen different tax increases totaling $400 billion are imposed under the Democratic House bill. In addition to more complicated tax returns, families and small businesses will be forced to reveal further tax information to the IRS, provide proof of 'government approved' health care and submit detailed sales information to comply with new excise taxes. Americans for Tax Reform has a good breakdown of the bill by the numbers. Isn't it reassuring that at a time of recession, government will do what's necessary to ensure its growth? So, in a time of recession and high unemployment, they have just created 16,500 new jobs. Isn't that a good thing? The addition of 16,500 new federal employees is hardly what anybody from the US would call a good thing. ............____________________________________________________________ I'm sure 16, 500 employed people, and their families, and their creditors would say it's a good thing. Are you suggesting that federal employees are not "from the US"? (Yeah, ok, pedantic sarcastic, nit-picky reply, that I hope you don't take seriously....).... the statistics may sound sensational, but when taken in context, I'm sure would not be so sensational...... I was going to cite the "maseratti tax", but I can't remember the specifics and I can't be bothered researching at the moment.
March 22, 201015 yr So, in a time of recession and high unemployment, they have just created 16,500 new jobs. Isn't that a good thing? The addition of 16,500 new federal employees is hardly what anybody from the US would call a good thing. ............____________________________________________________________ I'm sure 16, 500 employed people, and their families, and their creditors would say it's a good thing. Are you suggesting that federal employees are not "from the US"? (Yeah, ok, pedantic sarcastic, nit-picky reply, that I hope you don't take seriously....).... the statistics may sound sensational, but when taken in context, I'm sure would not be so sensational...... I was going to cite the "maseratti tax", but I can't remember the specifics and I can't be bothered researching at the moment. You will need to be able to spell it before you can find it...."Maserati" that is. I did the hard work for you. http://vlights.posterous.com/tag/themaseratitax Now you can take a nap and stop posting for a little bit.
March 22, 201015 yr So, in a time of recession and high unemployment, they have just created 16,500 new jobs. Isn't that a good thing? The addition of 16,500 new federal employees is hardly what anybody from the US would call a good thing. ............____________________________________________________________ I'm sure 16, 500 employed people, and their families, and their creditors would say it's a good thing. Are you suggesting that federal employees are not "from the US"? (Yeah, ok, pedantic sarcastic, nit-picky reply, that I hope you don't take seriously....).... the statistics may sound sensational, but when taken in context, I'm sure would not be so sensational...... I was going to cite the "maseratti tax", but I can't remember the specifics and I can't be bothered researching at the moment. You will need to be able to spell it before you can find it...."Maserati" that is. I did the hard work for you. http://vlights.posterous.com/tag/themaseratitax Now you can take a nap and stop posting for a little bit. Thanks...I will.
March 22, 201015 yr I'm sure 16, 500 employed people, and their families, and their creditors would say it's a good thing. Are you suggesting that federal employees are not "from the US"? When job reports come out they usually differentiate between government and private sector jobs. Private sector jobs are a better indicator of how the economy is going. What will these 16,500 Internal Revenue employees really produce? I wonder how much extra tax money they'll have to find in order to pay their inflated taxpayer supported salaries and benefits? Would you think this employment a good thing if these extra 16,500 were in the form of new soldiers going to Afghanistan? I'd rather my taxes go to pay more soldiers than tax collectors.
March 22, 201015 yr The average salary for Federal Employees is $71,206, with the average salary for private sector employees with similar positions being $40,331. When benefits are included, Federal employees average pay package comes up to $119,982. Private sector employees average pay package comes to $59,909. Hiring 16,500 IRS agents will cost the US taxpayer $1,979,703,000. When you consider that Obama's second year in office will create a deficit estimated to be $1.8 Trillion and then you add that amount to his first year deficit of $1.4 Trillion, I suppose to some minds it doesn't seem too costly. http://yesbuthowever.com/federal-employees-double-8136319/
March 22, 201015 yr http://www.sacbee.com/2010/03/13/2604016/irs-suits-pay-visit-to-car-wash.html IRS visits Sacramento carwash in pursuit of 4 cents Arriving at Harv's Metro Car Wash in midtown Wednesday afternoon were two dark-suited IRS agents demanding payment of delinquent taxes. "They were deadly serious, very aggressive, very condescending," says Harv's owner, Aaron Zeff. The really odd part of this: The letter that was hand-delivered to Zeff's on-site manager showed the amount of money owed to the feds was ... 4 cents. Inexplicably, penalties and taxes accruing on the debt – stemming from the 2006 tax year – were listed as $202.31, leaving Harv's with an obligation of $202.35.
March 27, 201015 yr Author In honor of the 44th President of the United States , Baskin-Robbins Ice Cream has introduced a new flavor: " Barocky Road ." Barocky Road is a blend of half vanilla, half chocolate, and surrounded by nuts and flakes. The vanilla portion of the mix is not openly advertised and usually denied as an ingredient. The nuts and flakes are all very bitter and hard to swallow. The cost is $100.00 per scoop. When purchased it will be presented to you in a large beautiful cone, but after you pay for it, the ice cream is taken away and given to the person in line behind you at no charge. You are left with an empty wallet and no change, holding an empty cone with no hope of getting any ice cream.. Are you stimulated? (from an e-mail)
March 30, 201015 yr In honor of the 44th President of the United States , Baskin-Robbins Ice Cream has introduced a new flavor: " Barocky Road ."Barocky Road is a blend of half vanilla, half chocolate, and surrounded by nuts and flakes. The vanilla portion of the mix is not openly advertised and usually denied as an ingredient. The nuts and flakes are all very bitter and hard to swallow. The cost is $100.00 per scoop. When purchased it will be presented to you in a large beautiful cone, but after you pay for it, the ice cream is taken away and given to the person in line behind you at no charge. You are left with an empty wallet and no change, holding an empty cone with no hope of getting any ice cream.. Are you stimulated? (from an e-mail)
July 8, 201015 yr Author Black Panthers threatening voters and let off scot free by Omama administration. http://www.youtube.com/watch?v=mN67KJdd6Mw&feature=player_embedded.
July 8, 201015 yr A one-term President if there ever was one. Hillary will even run against him in 2012 before she gets too old.
July 8, 201015 yr Recent poll results say most people now are happy with Obamacare health reform. That was a historic achievement that has flummoxed many previous presidents. He will definitely be reelected in 2012.
July 8, 201015 yr Author Most Americans ? March 9, 2010 In U.S., 45% Favor, 48% Oppose Obama Healthcare Plan Growing sentiment among opponents that bill would raise costs, not address real problems by Jeffrey M. JonesPRINCETON, NJ -- As President Obama begins a final push on healthcare reform, slightly more Americans say they would advise their member of Congress to vote against rather than for a healthcare reform bill similar to the one the president has proposed.
July 8, 201015 yr MORE recent polls, dude. The tide is indeed turning as the administration predicted it would. Duh! Anyway, bottom line this is going to be about JOBS in 2012 and right now that looks very bad. But the odds are still good we will avoid a double dip recession or total depression and there is still lots of time for the job situation to recover before 2012, at least enough for a good odds bid for term 2.
July 8, 201015 yr Recent poll results say most people now are happy with Obamacare health reform. That was a historic achievement that has flummoxed many previous presidents. He will definitely be reelected in 2012. Interesting. I didn't think it even kicked in until after 2012 (conveniently after the election)? These first 4 years are taxes. Is that what people are happy about?
July 8, 201015 yr Some aspects kick in much quicker such as young adults being allowed on their parents plan and more options for the previously uninsurable due to preexisting conditions.
July 8, 201015 yr Recent poll results say most people now are happy with Obamacare health reform. That was a historic achievement that has flummoxed many previous presidents. He will definitely be reelected in 2012. What poll and where is the link?
July 8, 201015 yr So you think I made this up? Shocking! http://news.yahoo.com/s/ynews/20100617/pl_ynews/ynews_pl2681_2 In a rare bit of good news for Democrats, a new Associated Press-GfK poll finds a significant turnaround in public sentiment toward the health care reform bill approved by Congress earlier this year. According to AP, 45 percent of those surveyed approve of the bill and 42 percent oppose.
July 8, 201015 yr Recent poll results say most people now are happy with Obamacare health reform. That was a historic achievement that has flummoxed many previous presidents. He will definitely be reelected in 2012. Interesting. I didn't think it even kicked in until after 2012 (conveniently after the election)? These first 4 years are taxes. Is that what people are happy about? The higher taxes will be on income over $250,000. The average person will not pay any higher income taxes to pay for the healthcare reform. Even if you earn $275,000 a year only the $25,000 above $250,000 will be taxed at a higher rate and that increase is only about 3.5% higher than it is already. This was repeatedly pointed out at all the town hall meetings held prior to the legislation being passed but the right wingers (read Republicans) convieniently ignored this information and just kept yelling about tax increases leading many of the Fox News crowd (who mostly make under 250K yearly) to believe that they will be paying higher income taxes when in fact they will not. Allowing the Bush tax cuts for the super rich to expire would do far more to help reduce the deficit than repealing the health care package. Unfortunately, it is the very wealthly who also have enough money to run the scare adds on TV so the spin on the facts will continue to delude the average person for whom the healthcare package will do the most good. Further, the "trickle down" economic theory has proven not to work. When rich individuals and corporations are taxed less they do not create new jobs as claimed. Individuals use the money to buy (mostly foreign) luxury goods and the corporations invest the money overseas, increase dividends or buy back their own stock. The average guy sees little or nothing except higher government deficits. Even Bill Gates and Warren Buffet have gone on the record saying that they pay too little tax.
July 8, 201015 yr Recent poll results say most people now are happy with Obamacare health reform. That was a historic achievement that has flummoxed many previous presidents. He will definitely be reelected in 2012. Interesting. I didn't think it even kicked in until after 2012 (conveniently after the election)? These first 4 years are taxes. Is that what people are happy about? The higher taxes will be on income over $250,000. The average person will not pay any higher income taxes to pay for the healthcare reform. Even if you earn $275,000 a year only the $25,000 above $250,000 will be taxed at a higher rate and that increase is only about 3.5% higher than it is already. This was repeatedly pointed out at all the town hall meetings held prior to the legislation being passed but the right wingers (read Republicans) convieniently ignored this information and just kept yelling about tax increases leading many of the Fox News crowd (who mostly make under 250K yearly) to believe that they will be paying higher income taxes when in fact they will not. Allowing the Bush tax cuts for the super rich to expire would do far more to help reduce the deficit than repealing the health care package. Unfortunately, it is the very wealthly who also have enough money to run the scare adds on TV so the spin on the facts will continue to delude the average person for whom the healthcare package will do the most good. Further, the "trickle down" economic theory has proven not to work. When rich individuals and corporations are taxed less they do not create new jobs as claimed. Individuals use the money to buy (mostly foreign) luxury goods and the corporations invest the money overseas, increase dividends or buy back their own stock. The average guy sees little or nothing except higher government deficits. Even Bill Gates and Warren Buffet have gone on the record saying that they pay too little tax. sorry to not agree with your post but as a small business owner for more than 20yrs i can testify that when a small business man is taxed on gross earnings, it is not good for hiring nor the economy. many people such as myslef are republicans who work for themselves and gross well over 250k, many realestate agents before the bust grossed well over 250k, freight brokers, construction gen contractors on and on and on. My point being gross is a far way from net. Small business owners typically pay themselves last and for many who gross more than 250k per yr, they feel like everyone is getting paid but them and they have all the risk. I lived in california and the tax man in the small town i lived in came to tax me on my inventory, these taxes would have put me out of business, lucky for me after fighting them i found out i was outside of the city limits so they gave up. Taxing the people who hire and generate cash for the communities is imo a very bad policy.
July 8, 201015 yr sorry to not agree with your post but as a small business owner for more than 20yrs i can testify that when a small business man is taxed on gross earnings, it is not good for hiring nor the economy. many people such as myslef are republicans who work for themselves and gross well over 250k, many realestate agents before the bust grossed well over 250k, freight brokers, construction gen contractors on and on and on. My point being gross is a far way from net. Small business owners typically pay themselves last and for many who gross more than 250k per yr, they feel like everyone is getting paid but them and they have all the risk. I lived in california and the tax man in the small town i lived in came to tax me on my inventory, these taxes would have put me out of business, lucky for me after fighting them i found out i was outside of the city limits so they gave up. Taxing the people who hire and generate cash for the communities is imo a very bad policy. And the administration agrees with you. That's why provisions in the bill exempt small businesses. Yet another anti healthcare myth busted. And for the taxes you already pay, well they have nothing to do with the new healthcare law. You'll have to ask your state reps and former administrations about those.
July 8, 201015 yr Author The average person will not pay any higher income taxes to pay for the healthcare reform. There really is a sucker born every minute. That is what they are saying now.
July 8, 201015 yr The real shame about health care is that we did not get a real nationalized health care system, a la Canada/U.K. etc. We still haven't grown up about this issue, and yes, financial issues remain. We all seem to want it all and nobody wants to pay for it.
July 8, 201015 yr It appears there is more than one poll floating around on the healthcare issue: ________________________________________________________ Health Care Law 60% Favor Repeal of Health Care Law, Just 41% See Repeal as Likely Monday, July 05, 2010 Sixty percent (60%) of voters nationwide favor repeal of the recently passed health care law, including 49% who Strongly Favor repeal. A new Rasmussen Reports national telephone survey finds that 36% oppose repeal. That figure includes 24% who are Strongly Opposed. Forty-three percent (43%) believe repeal would be good for the nation’s economy. Twenty-seven percent (27%) believe repeal would be bad for the economy, while 20% say it would have no impact. Political Class voters strongly believe repeal would be bad for the economy, while most Mainstream Americans think repeal would help the economy. Despite the ongoing support for repeal, just 41% believe the law is even somewhat likely to be repealed. Forty-five percent (45%) say repeal is unlikely. In April, however, 51% considered repeal unlikely. The current figures show 13% consider repeal Very Likely, while 10% say it is Not at all Likely. In April, those figures were 11% and 18% respectively. Eighty-one percent (81%) of Republicans and 65% of voters not affiliated with either major party favor repeal; 56% of Democrats oppose it. http://www.rasmussenreports.com/public_content/politics/current_events/healthcare/health_care_law
July 8, 201015 yr ...and then there is this one claiming 49% of Americans say passage was a "good thing". Does 49% constitute "most Americans" now? _____________________________________________________________ June 22, 2010 Verdict on Healthcare Reform Bill Still Divided Among age groups, seniors continue to be the most opposed by Lydia Saad PRINCETON, NJ -- The healthcare reform legislation Congress passed in late March divided the public then and has not gained significant support in the three months since. The 49% of Americans who today say passage of healthcare reform was a good thing, compared with 46% calling it a bad thing, is a bit more positive than the two prior readings in which the slight plurality called it a bad thing. However, the four percentage-point increase since April in favorability toward the law, from 45% to 49%, is not statistically significant. ____________________________________________________________ http://www.gallup.com/poll/140981/Verdict-Healthcare-Reform-Bill-Divided.aspx
July 8, 201015 yr Recent poll results say most people now are happy with Obamacare health reform. That was a historic achievement that has flummoxed many previous presidents. He will definitely be reelected in 2012. Interesting. I didn't think it even kicked in until after 2012 (conveniently after the election)? These first 4 years are taxes. Is that what people are happy about? The higher taxes will be on income over $250,000. The average person will not pay any higher income taxes to pay for the healthcare reform. Even if you earn $275,000 a year only the $25,000 above $250,000 will be taxed at a higher rate and that increase is only about 3.5% higher than it is already. This was repeatedly pointed out at all the town hall meetings held prior to the legislation being passed but the right wingers (read Republicans) convieniently ignored this information and ... blah, blah, blah. Getting your info from those Townhall meetings is pointless. The legislation changed so often leading up to the final vote that Nancy and the rest even admitted to having not read it. IMO, good or bad, it has passed. So let's see what comes of it before making permature judgements.
July 10, 201015 yr Recent poll results say most people now are happy with Obamacare health reform. That was a historic achievement that has flummoxed many previous presidents. He will definitely be reelected in 2012. Interesting. I didn't think it even kicked in until after 2012 (conveniently after the election)? These first 4 years are taxes. Is that what people are happy about? The higher taxes will be on income over $250,000. The average person will not pay any higher income taxes to pay for the healthcare reform. Even if you earn $275,000 a year only the $25,000 above $250,000 will be taxed at a higher rate and that increase is only about 3.5% higher than it is already. This was repeatedly pointed out at all the town hall meetings held prior to the legislation being passed but the right wingers (read Republicans) convieniently ignored this information and ... blah, blah, blah. Getting your info from those Townhall meetings is pointless. The legislation changed so often leading up to the final vote that Nancy and the rest even admitted to having not read it. IMO, good or bad, it has passed. So let's see what comes of it before making permature judgements. blah blah blah Please enlighten me on how pointing out how the proponents said they were going to pay for the bill has anything to do with making a premature judgement. Seems you're the one making judgements, but thanks for your brilliant and helpful contribution to the discussion.
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