Quote:
Originally Posted by buggyone
A couple of points here - Banks are still not paying any interest to speak of on savings. Definitely true but interest on loans and mortgages is at a very low point also. Remember under Carter that interest on savings was paying 10% but interest rates on mortgages was 15%? What is good for some is not good for others.
Lots of conservative posters here have been arguing that Obama should start arming rebels in Syria. Good idea or not? Time will tell. I say not.
Obamacare is not going to hurt you financially at all - and you will continue to get the same quality and timeliness of healthcare you get right now.
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I didnt read the arming of the rebels anywhere but assume it is true, just felt we should do something and not sure helping folks we dont know is correct.
BUT,,,what I would love for you to do is to read the abbreviated list of how we are to pay for Obama care...this is from the law itself and used by the CBO to cost it out (which cost continues to rise) and explain to me the certainty of these items so I can have your confidence that this will not hurt anyone financially.
1. .....Government payments to Medicaire advantage will be reduced by
132 Billion over 10 years
2. .....Medicaire payments for home health care will be reduced by 40 Billion
3. .....Extra social security taxes to be paid because of pay raised that folks
will receive in lieu of companies paying for health insurance
The above particular one intrigues me a lot..talk about maybe's
4. .....Medicaire payments for home health care will be reduced by 40 Billion
5. ..... A 3.9 tax on investment income for individuals over 200M and families over 250 M starting next year.
This next one is very intriguing...
6, .....Codification of the "economic substance doctrine" (Tax hike of $4.5 billion). This provision allows the IRS to disallow completely--legal tax deductions and other legal tax-minimizing plans just because the IRS deems that the action lacks "substance" and is merely intended to reduce taxes owed.
That is just a few of them.....but lets start with them....to me, it is a no brainer that the cost will continue to grow as time goes by...tell me again to relax.
This does not include the tax we will pay if we dont have insurance, nor a number of others.