Data Point: Obama Plan - taxes going up for two million additional "victims" - Granite Grok

Data Point: Obama Plan – taxes going up for two million additional “victims”

After all, Democrats view everyone (almost) as a victim, right? And horrors – it is all on the Dems that have created this new victim gaggle!  And they state that 30 million folks will NOT be covered (er, wasn’t that the whole point of this boondoggle?) and 6 million (2 million more than planned – “unexpectedly!”) are going to have empty their wallets on the alter of OCare.

The Obama 2012 folks are NOT going to like this next piece of news:  not only are premiums not going down as President Obama promised (yet another Obama Promise hitting its expiration date) but according to the neutral Congressional Budget Office, with its latest scoring, has determined that Individual Mandate TAX is going to raise  taxes on folks making less than $200K/year (yet another Obama promise expired) as Obamacare is rolled out.  Those without healthcare will fall into this ObamaTax if they fall into the following:

  • No healthcare insurance for > 3 months
  • Household income from 138% – 400% of the Poverty Level
  • Household income at => 400% of the Poverty Level

Some will get a subsidy but, according to the actual law,  ONLY if the Exchange is set up by a State.  If the Feds have to set it up because the State refuses to screw its budget when the Fed money runs out – no subsidy.  That goes double for States refusing to expand their budgets to get Fed Medicaid money (and the Supremes have ruled that the Feds can’t w/hold that $$ if the States decide not to).  So, that middle group (the Middle Class) is going get even more shafted – and it shows in the chart.  YAY Obama, Pelosi, and Reid!  They have successfully screwed the Middle Class they are campaigning about protecting.

Gee, do ya really have to  wonder why all this was set to kick in AFTER the Nov. election?  Only a fool would have been naive about the politics of Obamacare.

There is only one saving grace (due to the error prone writing of the Law and the Supreme decision):

Of course, what this comparison ignores is that there’s very little the IRS can do to you if you choose both not to get insurance and not to pay the penalty. They can’t seize your property, and you can’t be jailed or taken to court. The only thing they can do is to deduct whatever you might owe from any tax refund the government owes you.

(H/T: The Atlantic, Washington Times)

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