WASHINGTON — New taxes are coming Jan. 1 to help finance President Obama’s health care overhaul.
Most people may not notice, because the taxes are aimed at the health industry and high-income taxpayers. But they will pay attention if Congress starts taxing employer-sponsored health insurance, one option in play if lawmakers can ever agree on a budget deal to reduce federal deficits.
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This is just the beginning. President Obama and the Congressional Dems want to reduce the budget deficit but continue to raise federal spending at a rapid pace. They will seek a carbon tax or a value added tax to raise huge amounts of revenue -- from the middle class.
absolutely, but will claim the will NOt raise taxes on the middle class, we're in big trouble.
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Search out Maria bartoramo,s interview today
"Many economists think some kind of limit would be a good thing because it would force consumers to watch costs, and that could help keep health care spending in check."
Of course in addition to physical suffering of being ill people must suffer financially otherwise they will consume too much health care. We must cut down on those recreational crainotomies and liver transplants. Perhaps "many economists" should step out of their classrooms and away from their graphs to spend some time in a hospital. I usually see care delayed because of the cost many times with severe consequences. This seems more common with the insurance plans that these economists love.
BIG taxes coming on the "Middle Class". So much for Liberal rhetoric that we are for the "Little guy". And ObamaCare will be the biggest one. Meanwhile Obama and Democrats are upset that tax subsidies for the money losing Wind Farm industry will come to a halt if "Fiscal Cliff" goes over on January 1.
I see the losers are here moaning and repeating their tired complaints. Hey, you didn't win the election.
All the tax increases for health care that are currently pending will be on higher income taxpayers, not the middle class.
All during the campaign the Republicans kept saying there was a huge tax hike coming for the middle class because of the health care law. What they didn't say was it was a penalty tax for not having health insurance. The idea was to get everyone to buy health insurance, not to raise revenue. Buying insurance, or getting through your employer, eliminates the penalty tax so almost nobody will pay it.
I love the way the right wing makes up predictions for the future with absolutely not a shred of evidence to support what they say. I guess we're all supposed to believe it just because they say it, but they're only saying it in a lame attempt to tar and feather the Democrats.
They still haven't learned that making things up is counterproductive. Anybody with a inquiring mind would have learned that from the recent election.
I guess that I am one of those "they" you refer to. Here is some evidence about Obama's tax intentions from a source you might find credible:
http://www.cbsnews.com/2100-250_162-6420140.html
I disagree. When the country's debt is such as it is, everything should be on the table, but that doesn't everything on the table will happen. In fact, it normally means just the opposite.
You seem to be interpreting the lack of "not a chance ever" to "intentions," and further, into "for sure." I assume that's because you believe what you want to believe.
But you seem to forget that all revenue bills must be introduced in the House where the Republicans have a lop-side majority. No new tax is a possibility, in my opinion. You're throwing bombs.