Our elected representatives have extreme philosophical differences between the two major parties that occupy Congress and the ego-driven president is concerned that his “legacy” will be destroyed if Obamacare is dismantled. According to news reports, the government shutdown was affecting 17 percent of governmental operations while 83 percent were still working. It’s interesting to note that the majority of the 17 percent shutdown were those entities that are most conspicuous and create the greatest interference for our citizens.
Obama granted permission for a rally by illegal aliens on the Capital Mall but didn’t offer the same opportunity to our WWII veterans when they tried to visit the War Memorial that was shutdown. These decisions were politically motivated by the administration.
The president stated that it’s a small faction of Tea Party followers that are holding Congress hostage in an attempt to not fund the so-called Affordable Healthcare Act.
I’m not a Tea Party member but like millions of other Americans I support the efforts of the House of Representatives in attempting to derail the biggest tax and income redistribution scheme that has ever been crammed down the throats of Americans. I would like to see healthcare coverage for all Americans but not in the manner that the Affordable Healthcare Act provides.
Obamacare will increase numerous hidden taxes for all Americans, will stifle many businesses and have a negative effect on employment. Republicans are attempting to prevent these problems by not funding the Healthcare Act. According to the IRS Webpage, Affordable Care Act Tax Provisions, 10 new taxes are incorporated in the law and possibly more.
The new taxes include the following: 10 percent excise tax on indoor tanning services, 2.3 percent on medical devices, new excise tax on health insurance providers, new annual fee on branded pharmaceutical manufacturers, 3.8 percent net investment income tax for individuals, estates and trusts, a whopping 40 percent excise tax on so-called “Cadillac” health plans purchased by wealthy individuals, and the greatest tax for every wage earner is a .09 percent additional Medicare tax. If you make $50,000 annually that’s another $500 dollars you pay to the government.
According to information on the healthcare Webpages, this insurance will cost an average of $378 per month (about $4,500 annually) depending upon the plan you choose. What isn’t greatly advertised is the annual deductible that can be as high as $6,000 for an individual to as much as $12,000 for a family. Mr. President, you said this insurance would save the average family about $2,500 annually. Where’s the savings? Was that statement merely a misquote or just another of your many mistruths?
Like Nancy Pelosi said following the passage of the Affordable Health Care Act, “now that the bill has passed we can all read it and really find out what it says.” Well I read it and I don’t like it. I’m 70 years old and this bill, other than some additional hidden tax I might have to pay, won’t greatly impact me. My concern is for my children and grandchildren and the tax burdens and socialistic society we are imposing upon them.