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THE largest tax increase in history...that is the Obama Legacy! Especially on the Middle Class. Thank you democrats...
The tax increase described by drfrankt is primarily from penalties on those who refuse to get health care coverage. As long as you have coverage, you won't see any large increase in taxes. As far as the middle class is concerned, the Kaiser Foundation points out that in the CBO report there are $808 billion in tax credits to low-income and middle-class families to help them afford health insurance over the next 11 years. And on the plus side, in February 2011, the CBO estimated that Obama’s health-reform law would reduce the deficit by $210 billion over 10 years. We are going to hear a lot of breathless pronouncements from the right about the Affordable Care Act. Take them with a large grain of salt.
Republicans are really showing their stripes on this one. The people against this are people who think they're immortal and people with a ton of money who think they deserve more, at the expense of their workers well-being. (trickle down - yeah right) Oh yes, and multi-billion dollar insurance companies, often laughably calling themselves nonprofits. For all the rest of us it is a victory.
I hope Michelle is enjoying her FREE health insurance paid for by my tax dollars. Michelle does not pay any health care premiums, co-payments or deductibles. My tax dollars are paying for her free ride!
All I have heard all year is this is unconstitutional, but it is not. Should have come up with a plan instead of relying on the SCOTUS.
Explain to me how Canada, GB, France, Germany, and Australia all have single payer health care and all spend 1/2 per capita of what our country spends on health care, with equal-or better-outcomes. Those who think this plan will add costs may well be correct, and the answer is to join the rest of the developed world in single payer care if you are serious about health care costs.
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