Tuesday, April 13, 2010

Dead And Deserving

Over 3.3 Million dead people are registered to vote. Another 12.9 Million have moved from the districts in which they are registered to vote. They do not check IDs at the polls. They call these registered but not likely to vote people, deadwood. Deadwood represents 8.9% of all registered voters in the United States. Is it just me or do others see the huge potential for voter fraud? HUGE potential for voter fraud. Have you ever seen a close race? A race where only a few hundred votes makes the difference? I have. This per CNSNews.com.

Here is the president at an Arlington health-care rally in March.
"So what this means is, is that small business owners and middle-class families, they’re going to be able to be part of what’s called a big pool of customers that can negotiate with the insurance companies. And that means they can purchase more affordable coverage in a competitive marketplace. (Applause.) So they’re not out there on their own just shopping. They’re part of millions of people who are shopping together. And if you still can’t afford the insurance in this new marketplace, even though it’s going to be cheaper than what you can get on your own, then we’re going to offer you tax credits to help you afford it -– tax credits that add up to the largest middle-class tax cut for health care in American history." (Applause.)

Here is The Hill today, working from Joint Committee on Taxation numbers.
"Taxpayers earning less than $200,000 a year will pay roughly $3.9 billion more in taxes — in 2019 alone — because of healthcare reform, according to the Joint Committee on Taxation, Congress' official scorekeeper for legislation.
The new law raises $15.2 billion over 10 years by limiting the medical expense deduction, a provision widely used by taxpayers who either have a serious illness or are older.
Taxpayers can currently deduct medical expenses in excess of 7.5 percent of their adjusted gross income. Starting in 2013, most taxpayers will only be allowed to deducted expenses greater than 10 percent of AGI. Older taxpayers are hit by this threshold increase in 2017.
Once the law is fully implemented in 2019, the JCT estimates the deduction limitation will affect 14.8 million taxpayers — 14.7 million of them will earn less than $200,000 a year. These taxpayers are single and joint filers, as well as heads of households.
"Loss of this deduction will mean higher taxes for 14.7 million individuals and families making under $200,000 a year in 2019," Sen. Chuck Grassley (R-Iowa) told The Hill. "The new subsidy for health insurance would not be available to offset this tax increase for most of these households." This per National Review Online.

So make sure you got that straight. 14.7 million Americans will pay higher taxes right off the bat. Most of these elderly and disabled. You may hear more about this. I can't wait to see the wheelchairs and seniors lined up with torches and pitchforks. The reduction in HSA limits to $2500 per year will affect most of these people in 2011. That means thousands of dollars out of their pockets in the first few months of 2011. This on top of the tax increases listed above. People that prior to Obamacare had insurance that allowed them to get the care they needed will now find themselves with substantially changed lives, substantially lower standards of living. Change we can count on.

1 comment:

  1. This is good news. The AARP is powerful, and usually pro-democrat when it comes to entitlement programs. Good to see they will be up in arms this Nov.