As if there were not enough reasons to oppose Obamacare in the first place, here comes yet another. Although President Obama openly denied it, the health care reform bill that is in proposition at this time would impose harsh taxes on those in all income brackets. But wait, didn’t Obama PROMISE no new taxes on anyone making less than $250,000.00 a year?

Well, if passed, the health care bill would require that EVERYONE either purchases health care coverage or face, what is to most, large fines for not doing so. In fact, in the Senate finance version of the health care bill, those who choose not to purchase health care insurance would have to pay up to $1900.00 in fines per year! Of course, they see this as additional revenue coming in at an estimate of up to $20 billion, according to the Congressional Budget Office.

When President Obama was confronted about this on ABC’s “This Week” by George Stephanopoulos who suggested that fines levied for not complying with the mandate are a tax, he denied that it was any form of taxes. However, this is a lie, because it is even in the House and Senate written as a form of “taxes”.  As stated in NewsMax.com:

“One strong indicator: The mandate would become part of the Internal Revenue Code. Failing to pay the penalty would result in a misdemeanor crime punishable by a $25,000 fine and/or up to a year in jail. Also, both the House and the Senate versions of the bill refer to the mandate fines as a form of “taxes.”

As you can see, it is a tax. It is a tax on everyone, rich, poor, middle class, and everyone in between. The Democrats show themselves as being for “the working man” or “the little guy” but they are not. They will do what every is possible to gain more control and more money. So who does the President think he is fooling? Certainly not everyone. Not those of us who have bothered to look into the facts behind the Obama idol worshiping. I disagree with the statement made by News Max which said, “So Stephanopoulos was correct, and Obama was mistaken”. I do not think President Obama is an idiot. I think he knew beyond a shadow of a doubt that it is new taxes, he just did not want to admit that he has lied yet again.

Even more disturbing, is if we ask if we should expect even MORE new taxes. Well, when Wall Street Journal asked if there would be any on those with an income of less than $250,000 per year, the answer they received from OMB director Orszag was, “We’re in the midst of putting together the 2011 budget, and we’ll have more to say about that later.”

Source:

http://www.newsmax.com/headlines/stealth_tax_obama/2009/10/01/267430.html

http://online.wsj.com/article/SB125119686015756517.html

Advertisements