Obamacare
Here are a few items brought to my attention by Neal Boortz about the democrat health care proposal.
- Congressional Budget Office Director Douglas Elmendorf said "The health care overhauls released to date would increase, not reduce, the burgeoning long-term health costs facing the government,"
Don't believe me? Here's the link.
-"According to that assessment [from the CBO], enacting the proposal would result in a net increase in federal budget deficits of about $1.0 trillion over the 2010-2019 period."
Don't believe me? Here's the link.
-"A new report by the Lewin Group (commissioned by the Heritage Foundation) finds that the House Democrats' health care bill would shift more than 83.4 million Americans from private health care coverage to the government plan. To put that in perspective, that would mean that nearly half (48.4 percent) would lose their private health coverage."
Don't believe me? Here's the link.
-"Currently, the top rate is 35 percent. But in his budget President Obama proposed raising the top two income tax rates from 33 and 35 percent to 36 and 39.6 percent. Families in the top 20 percent of income earners already pay 94% percent more income taxes than middle-income families. The new surtaxes would extend progressivity at the top of the income spectrum and raise the disparity in taxes paid between middle- and low-income families and high-earning families."
Don't believe me? Here's the link.
-"In the six highest-taxed states, Oregon (11 percent top income tax rate), Hawaii (11 percent), New Jersey (10.75 percent), New York (8.97 percent), California (10.55 percent), and Rhode Island (9.9 percent), the top rates would be higher than all but Denmark among OECD countries if the Obama plan and surtax become law."
Don't believe me? Here's the link.
-"Under these higher taxes, families and small businesses making over $350,000 in every state would face higher top rates than 21 OECD countries--including France, Italy, and Spain. Even the nine states with no state income tax at all would have higher rates than these social democracies that are typically regarded as countries with punitively high taxes. Taxpayers in all 41 states that do levy an income tax would pay a top rate that is higher than all but seven of the 30 OECD countries."
Don't believe me? Here's the link.
-"The Senate version of President Obama's government health care overhaul contains a mandate that all businesses provide their employees with health insurance or pay a fine, unless the business employs fewer than 25 people. Critics say the 25-employee benchmark could stifle small business growth by prompting companies to limit themselves to 24 employees."
Don't believe me? Here's the link.
-"The Senate Health, Education, Labor and Pensions (HELP) Committee's health care legislation will give the Health and Human Services secretary the authority to develop "standards of measuring gender" -- as opposed tousing the traditional "male" and "female" categories -- ina database of allwho apply or participate in government-run or government-supported health care plans."
Don't believe me? Here's the link.
-"More than a million small business owners and about two-thirds of the profits earned byU.S. small businesses would behitbythe income taxincrease onthe "rich"that House Democratic leaders want to enact to pay for the health-care reform plan President Obama wants passed this summer, a taxpayer watchdog says."
Don't believe me? Here's the link.
-"A survey by the National Federation of Independent Business (NFIB) found that 20 percent of its respondents would simply shut down if they were faced with this choice of being forced to offer health insurance. They couldn't afford it. One out of four said they would replace full-time workers with part-time workers in order to avoid having to pay anything."
Don't believe me? Here's the link.
-"According to the National Tax Foundation, the top total tax rate on Americans -- that is, state, local and federal taxes -- will top 50% in 39 states" if the Democrats pass their healthcare legislation.
Don't believe me? Here's the link.
-"So we can all keep our coverage, just as promised -- with, of course, exceptions: Those who currently have private individual coverage won't be able to change it. Nor will those who leave a company to work for themselves be free to buy individual plans from private carriers."
Don't believe me? Here's the link.
-"A quick review of the legislation shows that it calls for two new government agencies, three trust funds, three advisory panels, two task forces, a research center, a medical device registry, an ombudsman and many pilot and demonstration programs."
Don't believe me? Here's the link.
