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Tax penalty to hit nearly 6M uninsured people


               
2012 Sep 28, 1:21pm   16,647 views  76 comments

by Dan8267   follow (4)  

http://www.google.com/hostednews/ap/article/ALeqM5jmIII4FgDvIW-bij_fdHF4v0Whbw?docId=48328c71af0241c39aef95fda77612f7

Yeah, why not tax the unemployed more than the rest of us? What could possibly go wrong? If you lose a job or have a job without benefits, you should be taxed more. Perfectly logical.

Nearly 6 million Americans — significantly more than first estimated— will face a tax penalty under President Barack Obama's health overhaul for not getting insurance, congressional analysts said Wednesday. Most would be in the middle class. The new estimate amounts to an inconvenient fact for the administration, a reminder of what critics see as broken promises. The numbers from the nonpartisan Congressional Budget Office are 50 percent higher than a previous projection by the same office in 2010, shortly after the law passed. The earlier estimate found 4 million people would be affected in 2016, when the penalty is fully...

#politics

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75   Dan8267   @   2012 Oct 22, 3:14am  

CaptainShuddup says

I suspect 90% of those that have been Okeydoking Obamacare the most, running around calling it a Healthcare SYSTEM, will be the most vocal critics when that mandate kicks in.

I'd have no problem with the individual mandate if we got single payer, a public option, and a divorce of health insurance from employment in exchange. Otherwise it's a giveaway to already too-powerful insurance companies and it's going to backfire.

Of course, I'd have sponsored a real health care reform bill like the one I described above if I were in the Senate.

76   curious2   @   2012 Oct 22, 3:51am  

CaptainShuddup says

Do these people really think they will fare better under Obamacare.

Most people see through it and know they won't fare better, but partisans believe whatever their party tells them. For example, Homeboy refuses to acknowledge that insurers are buying hospitals, which enables them to sidestep the MLR rules by shifting profit from the insurance side to the hospital side within the same parent company. Most people, on both sides, just want to believe.

Dan8267 says

Of course, I'd have sponsored a real health care reform bill like the one I described above if I were in the Senate.

...which is why you aren't. Legislation isn't drafted by public spirited engineers. It is drafted by self-interested politicians and lobbyists whose patronage networks demand payback and offer opportunities, for example Billy Tauzin and Max Baucus. When you look at how a legislative body actually works, and the product that emerges when the inputs have been digested all the way through the system, it becomes a powerful argument for limited government.

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