Obama’s Organizing For Action Chairman, Jim Messina, on Republican efforts to defund ObamaCare.
But, Jimmie, that’s what they’re trying to do by defunding ObamaCare. I don’t see what your problem is.
B-Rock Obama commenting on Obamacare during a recent press conference
This is an even bigger load of lies than usual from this lying ass liar. My insurance company already informed us back in January that, due to Obamacare, our insurance premiums were going up and, once all the regulations (which even they did not know what they would all be) go into effect then our insurance would become “unsustainable” and we would end up losing it.
You people that bought into the “free healthcare” lie are dumber than a box of rocks.
Nutty Nancy Pelosi on the benefits of ObamaCare
Wow! I can have my own business just because of ObamaCare!! Right on!!
But…ummm..then I’d have employees….and I’ll be forced to provide them with health insurance and it was reported that premiums are going to rise 200%…meaning I’ll have to raise the price of my product through the roof…which means no one will purchase it…which means I’ll have to layoff all my employees and my business will shut down…meaning I’ll be unemployed and broke but still required by law to have health insurance which I can’t afford now but will still be fined for not having….which I won’t be able to pay because I’m out of work….which means my credit will be shot and I may go to jail for not paying the government what it says I owe.
Uh…yeah…I think I’ll pass.
Obama stuck it to the middle class again by taxing braces and limiting the cap on Flexible Spending Accounts.
The new Obamacare regulations will affect middle class families making just over $53,000 the most.
Americans for Tax Reform reported
In 2013, the tax increases in Obamacare will increasingly conspire against kitchen-table family healthcare decisions.
As just one example, below are some of the taxes that will impact the purchase of dental braces:
Obamacare Medical Device Tax: As of Jan.1, Obamacare imposes a new tax of 2.3 percent on medical device manufacturers, including those who make dental braces. The tax is imposed on gross sales — even if the company does not earn a profit in a given year. While the tax will be paid to the IRS by the manufacturer, the tax will be passed along as a higher cost of the product, ultimately to be borne by the parent buying the braces for their child. With the cost of braces being as high as $7,625 this new tax could raise the cost of these braces by $175.
Obamacare Flexible Spending Account Cap: As of Jan. 1, the 30-35 million Americans who use a pre-tax Flexible Spending Account (FSA) at work to pay for their family’s basic medical needs face a new government cap of $2,500. This will squeeze $13 billion of tax money from Americans over the next ten years. (Currently, the accounts are unlimited under federal law, though employers are allowed to set a cap.) A parent looking to sock away extra money to pay for braces would find themselves quickly hitting this new cap, meaning they would have to pony up some or all of the cost with after-tax dollars. Needless to say, this tax will especially impact middle class families.
Obamacare “Haircut” to the Medical Itemized Deduction: Faced with higher prices for braces and a reduced ability to pay for them with their FSA, parents might decide to deduct the cost of braces on their tax returns. Unfortunately, Obamacare makes this harder, too.
Before Obamacare, Americans facing high medical and dental expenses were allowed a deduction to the extent that those expenses exceed 7.5 percent of adjusted gross income (AGI). As of Jan. 1, Obamacare imposes a threshold of 10 percent of AGI. Therefore, Obamacare not only makes it more difficult to claim this deduction, it widens the net of taxable income.
According to the IRS, 10 million families took advantage of this tax deduction in 2009, the latest year of available data. Almost all are middle class. The average taxpayer claiming this deduction earned just over $53,000 annually.
Read the rest here.
Great job, Obama voters!
Weren’t you the ones bitching about the cost of healthcare?