TAX TSUNAMI #4, if you don't read my Tsunami 1-3 blogs, be sure you read this one. It's the worst yet because it will hit almost everyone.
Now, your employer paid health care will be reported as INCOME on your W-2's. I'll bet that all of you who supported Obama and were in favor of his takeover of health care will be astonished to hear about this little SURPRISE. Yes, buried in the "new and improved" Obamacare is this little known fact.
Starting in 2011 (next year, Folks, coming soon), your W-2 wage/tax form sent to you by your employer will be increased to include the value of whatever health insurance benefit you are given by your company. It does not matter if that's a private company or a government body. EVERYONE will get this little surprise.
If you're retired? If you're raising a family? If you're married or single?
So What!! Your gross will go up by the dollar amount of insurance you get from your employer.
All of us will be required to pay taxes on a very large sum of money that we have never seen.
If you want to know how this will affect you just take your tax return from 2009, add on $10,000 to $20,000 or whatever dollar amount your employer pays for you, and see what this additional gross does to your tax debt. That's what you will pay in taxes next year.
For many this will also put you into a new higher tax bracket so the situation is even worse that it appears.
Now we know how the government is going to buy insurance for the 15% of Americans who don't currently have it. They are doing it on the backs of every tax payer who has employer paid insurance.
This should make all of us scream and shout at anyone in Washington who voted for the travesty called Obamacare. Before you vote in November make sure you know how your representatives voted.
MERRY CHRISTMAS FROM BARACK AND THE CZARS.
Showing posts with label government day. Show all posts
Showing posts with label government day. Show all posts
Wednesday, September 15, 2010
Thursday, September 9, 2010
OBAMACARE TAB UP, NOT DOWN
So the news today is that health care costs will RISE under Obamacare, not go down as Obama continually told us. This information comes from our own GOVERNMENT, who has been studying Obamacare since its passage. This information shows that Obamacare didn't solve the cost problem in spite of Obama's promises.
The analysis found that health care spending will grow to nearly 20% of our economy. That is a HUGE amount of money and will surely affect the country's ability to spend money on other things, like education, research, transportation, or other programs.
Medical spending now accounts for about 17% of the economy, and most experts will tell that that even at 17%, it's too high. After all, wasn't that the purpose of Obamacare? To bring down the percent of money spent on health care?
But here is more sobering news.
By 2014 Medicaid will be opened up to millions more low-income people. Many doctors/clinics are already not accepting Medicaid patients because they lose money on every patient (due to federal mandated limits on coverage), and they can't afford to treat them, so that's one problem. The other is that for those who do get coverage, up goes our debt.
That same year insurers will have to accept all applicants, regardless of health problems. Who does Obama think is going to pay for that? Oh, the health coverage companies you say? The increased cost will just be passed on to the consumer, so up go our premiums.
Most Americans will be required to carry coverage or face a fine from the IRS. Yes, that's right, the Boogie Man IRS with their heavy handed tactics will be in control of assessing and collecting these fines. 17,000 more IRS agents are being hired. How much do you think 17,000 new federal employees will cost us? These costs were NOT included in the final cost estimates for Obamacare. Another scam on the American public. And up goes our debt again.
The report also shows that government is already becoming the dominant player in health care without fully enacting Obamacare. The biggest growth will come in Medicare and Medicaid (up 34% by 2014). Who is going to pay for this increase? Guess what, we are, and up goes our debt.
Do Obama backers get it yet? He lied again and again just to shove through his idea of what our health care should look like.
It's no wonder Obama wants to raise all taxes through not extending the Bush tax cuts. He has to pay for this travesty some way.
In the meantime, do you understand what Bankruptcy looks like? Get ready. We are already there.
The analysis found that health care spending will grow to nearly 20% of our economy. That is a HUGE amount of money and will surely affect the country's ability to spend money on other things, like education, research, transportation, or other programs.
Medical spending now accounts for about 17% of the economy, and most experts will tell that that even at 17%, it's too high. After all, wasn't that the purpose of Obamacare? To bring down the percent of money spent on health care?
But here is more sobering news.
By 2014 Medicaid will be opened up to millions more low-income people. Many doctors/clinics are already not accepting Medicaid patients because they lose money on every patient (due to federal mandated limits on coverage), and they can't afford to treat them, so that's one problem. The other is that for those who do get coverage, up goes our debt.
That same year insurers will have to accept all applicants, regardless of health problems. Who does Obama think is going to pay for that? Oh, the health coverage companies you say? The increased cost will just be passed on to the consumer, so up go our premiums.
Most Americans will be required to carry coverage or face a fine from the IRS. Yes, that's right, the Boogie Man IRS with their heavy handed tactics will be in control of assessing and collecting these fines. 17,000 more IRS agents are being hired. How much do you think 17,000 new federal employees will cost us? These costs were NOT included in the final cost estimates for Obamacare. Another scam on the American public. And up goes our debt again.
The report also shows that government is already becoming the dominant player in health care without fully enacting Obamacare. The biggest growth will come in Medicare and Medicaid (up 34% by 2014). Who is going to pay for this increase? Guess what, we are, and up goes our debt.
Do Obama backers get it yet? He lied again and again just to shove through his idea of what our health care should look like.
It's no wonder Obama wants to raise all taxes through not extending the Bush tax cuts. He has to pay for this travesty some way.
In the meantime, do you understand what Bankruptcy looks like? Get ready. We are already there.
Friday, September 3, 2010
New York Mosque Update
This is the latest. Fox 5 News has reported that the main financial backer of the Islamic mosque in NY once contributed to a terror group. The man is Egyptian born Hisham Elzanaty. It has been confirmed that he has made a "significant investment" in the development of the mosque near Ground Zero.
In 1999 Mr. Elzanaty sent money to Holy Land Foundation for Relief and Development, known as HLF. Two years later HLF was shut down by the federal government and designated as a global terrorist group. In 2008 five HLF leaders were convicted of providing material support to Hamas. The federal government had evidence proving that HLF was set up as the largest Muslim charity in the US but from its inception the group existed to support Hamas.
Suspicions of the group's ties to terror were well reported in the media prior to 1999. It seems logical to assume Mr. Elzanaty was aware of the group's ties to Hamas.
The other main man in the controversy (Mr. El-Gamal) has a lengthy criminal record.
So does anyone still think the building of the mosque at Ground Zero is all innocence and "bridge building?" Remember, Mayor Bloomberg and Obama are in favor of this project.
Where do you stand on the subject?
In 1999 Mr. Elzanaty sent money to Holy Land Foundation for Relief and Development, known as HLF. Two years later HLF was shut down by the federal government and designated as a global terrorist group. In 2008 five HLF leaders were convicted of providing material support to Hamas. The federal government had evidence proving that HLF was set up as the largest Muslim charity in the US but from its inception the group existed to support Hamas.
Suspicions of the group's ties to terror were well reported in the media prior to 1999. It seems logical to assume Mr. Elzanaty was aware of the group's ties to Hamas.
The other main man in the controversy (Mr. El-Gamal) has a lengthy criminal record.
So does anyone still think the building of the mosque at Ground Zero is all innocence and "bridge building?" Remember, Mayor Bloomberg and Obama are in favor of this project.
Where do you stand on the subject?
Tuesday, August 31, 2010
Stop The Obama Pelosi Train
November is crucial to our survival! The stakes are higher this year than ever before. We have the opportunity to stop the Obama/Pelosi train by electing conservative candidates to Congress.
And make no mistake, Obama just wrapped up a three-day fundraising swing raising millions of dollars to directly elect new Democrats or re-elect incumbents who will rubber stamp his disastrous agenda. You know the smears against conservatives will increase as November approaches. Any lie or half truth the Obama/Dems can come up with will be used to undermine opposition candidates.
Don't fall for the political lies, fabrications and exaggerations they will be trying to sell you. Don't lose sight of what the election is really about -- ever enlarging government, out of control spending that will bankrupt us, sleazy back door politics, buy outs, bail outs, vote buying, fraud, deceit, sky-high unemployment, a health care bill that few Americans wanted, stagnant economy, tax hikes, potential Cap and Tax, Card Check, the Apology Foreign Policy, you name it, we've got it or we're going to get it shoved down our collective throats. And America is on a course for disaster.
With Obama's failed leadership the next generation will inherit a very weakened country, drug cartels in Mexico murdering Americans in our border states, Tax cartels in Washington taking ever more of your hard earned dollars, and weak foreign policy that invites another 9-11.
And make no mistake, Obama just wrapped up a three-day fundraising swing raising millions of dollars to directly elect new Democrats or re-elect incumbents who will rubber stamp his disastrous agenda. You know the smears against conservatives will increase as November approaches. Any lie or half truth the Obama/Dems can come up with will be used to undermine opposition candidates.
Don't fall for the political lies, fabrications and exaggerations they will be trying to sell you. Don't lose sight of what the election is really about -- ever enlarging government, out of control spending that will bankrupt us, sleazy back door politics, buy outs, bail outs, vote buying, fraud, deceit, sky-high unemployment, a health care bill that few Americans wanted, stagnant economy, tax hikes, potential Cap and Tax, Card Check, the Apology Foreign Policy, you name it, we've got it or we're going to get it shoved down our collective throats. And America is on a course for disaster.
With Obama's failed leadership the next generation will inherit a very weakened country, drug cartels in Mexico murdering Americans in our border states, Tax cartels in Washington taking ever more of your hard earned dollars, and weak foreign policy that invites another 9-11.
Don't Let This Happen. Vote in November.
It's your right, It's your Duty.
Friday, August 20, 2010
Cost of Government Day
Do you know what Cost of Government Day is? That's the day on which the average American has earned enough money to pay off his/her share of the spending and regulatory burdens imposed by our governing and taxing entities at the federal, state and local level. Basically, it's your share of the taxes you have to pay to the governments in one way or another.
For 2010 the COGD fell yesterday on August 19. Isn't that pathetic?? You have worked 7 1/2 months to pay a myriad of taxes that cover the costs imposed by government. This year the COGD fell 8 days later than 2009 and a whopping 34 days later than 2008.
I will calculate it for you so you don't have to. That means in 2010 the cost of government consumed 63.41 percent of the income of you and every American.
Cost of Government Day serves as a stark reminder of the growing burden government places on Americans. For any Obama backers who insist the middle class has paid "no new taxes" under his reign, you are very wrong. Go to http://www.costofgovernmentday.com/ to read information on the various policies that have contributed to pushing this year's Cost of Government Day to August 19, 2010.
And then you can weep because at the rate Washington is spending money and with the additional debt being piled on us the Cost of Government Day will eventually have to be December 31.
For 2010 the COGD fell yesterday on August 19. Isn't that pathetic?? You have worked 7 1/2 months to pay a myriad of taxes that cover the costs imposed by government. This year the COGD fell 8 days later than 2009 and a whopping 34 days later than 2008.
I will calculate it for you so you don't have to. That means in 2010 the cost of government consumed 63.41 percent of the income of you and every American.
Cost of Government Day serves as a stark reminder of the growing burden government places on Americans. For any Obama backers who insist the middle class has paid "no new taxes" under his reign, you are very wrong. Go to http://www.costofgovernmentday.com/ to read information on the various policies that have contributed to pushing this year's Cost of Government Day to August 19, 2010.
And then you can weep because at the rate Washington is spending money and with the additional debt being piled on us the Cost of Government Day will eventually have to be December 31.
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