Real0ne
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Joined: 10/25/2004 Status: offline
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quote:
ORIGINAL: kalikshama You left this out: http://urbanlegends.about.com/od/government/a/Health-Care-Real-Estate-Tax.htm quote:
"High earners" are defined as individuals whose gross income is $200,000 or more, or married couples filing jointly with a combined gross income of $250,000 or more. Moreover, the tax doesn't apply to the first $250,000 of unearned income for individual taxpayers (or $500,000 for married couples filing jointly). Given that most taxpayers make less than $200,000 per year and most home sales don't clear profits exceeding $200,000, the vast majority of Americans won't be subject to this tax. So how is this pledge broken? quote:
“I can make a firm pledge. Under my plan, no family making less than $250,000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes,” ~President Obama, September 12, 2008 The Costly Consequences of Health Care 'Reform' A Review of Legislation as Enacted April 7, 2010 The Democratic health care legislation enacted last week will enlarge government, increase Federal spending, deficits, and debt, and create a dependence on the Federal Government at odds with America's historic commitment to individual liberty and personal responsibility. It was muscled through Congress on a purely partisan vote, and through an unprecedented abuse of a specialized budget process intended to control the size of government, not expand it. The principal consequences of the legislation include: It initiates a government takeover of the health care sector (one-sixth of the U.S. economy), intrudes in the doctor-patient relationship, and increases total spending by $2.6 trillion. It raises taxes by more than a half-trillion dollars over the next 10 years B the largest tax increase in American history. It cuts more than a half-trillion dollars from Medicare to finance a new entitlement, and includes a series of additional gimmicks that hide the true cost of the legislation. It adds to an already unsustainable rate of government spending growth that will overwhelm the Federal budget and sacrifice the Nation's future prosperity. Read the full report here. Print version of this document http://budget.house.gov/News/DocumentSingle.aspx?DocumentID=203348
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"We the Borg" of the us imperialists....resistance is futile Democracy; The 'People' voted on 'which' amendment? Yesterdays tinfoil is today's reality! "No man's life, liberty, or property is safe while the legislature is in session
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