President Pivots on Taxing Benefits

[JD50]

Originally posted by: Mursilis

Originally posted by: Wreckem
We'll know something rather soon. Obama wants a Healthcare bill passed before the August recess.

If the dems decide to tax healthcare benifits they will have losses in 2012. There moderates will go down in flames just like the GOP moderates did in 2006 and 2008. Its would basically amount to one of the largest taxes increases to the middle class.

Which is why this probably won't pass. The Dems seem intent on passing a healthcare bill this year, but they'll probably just finance it w/ deficit spending, since no one here in credit card nation really cares about that, and not pass some unpopular tax. The Dems like to dole out the benefits, but are reluctant to ask people to pay for them - just put it on Uncle Sam's tab!

Paygo!

 

[Genx87]

Originally posted by: JD50

Originally posted by: Mursilis

Originally posted by: Wreckem
We'll know something rather soon. Obama wants a Healthcare bill passed before the August recess.

If the dems decide to tax healthcare benifits they will have losses in 2012. There moderates will go down in flames just like the GOP moderates did in 2006 and 2008. Its would basically amount to one of the largest taxes increases to the middle class.

Which is why this probably won't pass. The Dems seem intent on passing a healthcare bill this year, but they'll probably just finance it w/ deficit spending, since no one here in credit card nation really cares about that, and not pass some unpopular tax. The Dems like to dole out the benefits, but are reluctant to ask people to pay for them - just put it on Uncle Sam's tab!

Paygo!

That quietly disappeared after the 06 elections.

 

[Mursilis]

Originally posted by: Genx87

Originally posted by: JD50

Originally posted by: Mursilis

Originally posted by: Wreckem
We'll know something rather soon. Obama wants a Healthcare bill passed before the August recess.

If the dems decide to tax healthcare benifits they will have losses in 2012. There moderates will go down in flames just like the GOP moderates did in 2006 and 2008. Its would basically amount to one of the largest taxes increases to the middle class.

Which is why this probably won't pass. The Dems seem intent on passing a healthcare bill this year, but they'll probably just finance it w/ deficit spending, since no one here in credit card nation really cares about that, and not pass some unpopular tax. The Dems like to dole out the benefits, but are reluctant to ask people to pay for them - just put it on Uncle Sam's tab!

Paygo!

That quietly disappeared after the 06 elections.

Did it ever really exist in a substantive manner?

 

[Atreus21]

This will cost Obama politically if he proceeds.

On the other hand, Colin Powell did say that Americans want to pay more in taxes.

:roll:

 

[Atreus21]

DP.

 

[Mursilis]

Originally posted by: TruePaige

Originally posted by: Jeffg010
As a guy that only makes 50k a year this would really hurt. On Tuesday I had to get a chipped tooth fix cost me 1280 out my pocket with insurance. It was old injury I had when I was 15 2 teeth busted and after 23 years they had to be capped. I would love to had this paid for fully but in reality that not going to happen. I pay part of my health coverage each paycheck and all Obama's plain would jack that up each pay. My employer is not going to cover extra tax they just going to pass it off to me. It will be take it or leave it thing for me. Fuck this shit when come to money/tax/economy this government is fucking clueless.

Look at the big picture.

If we had universal health care everyone would get the treatments they need before they become huge problems,

That assumes rationality, which isn't always the norm.

lowering the burden to societies insured people (like yourself), so that in the future instead of 1280 out of pocket you'd pay something reasonable like 400 (and the government would pay that 400 for you because we'd have UHC, so you wouldn't pay a penny! It'd be free to get your basic tooth maintence. ). That is because they wouldn't have to jack it up to cover those who can't pay at all.

That also assumes demand won't explode now that health care is 'free'.

 

[Jeffg010]

Originally posted by: TruePaige

Originally posted by: Jeffg010
As a guy that only makes 50k a year this would really hurt. On Tuesday I had to get a chipped tooth fix cost me 1280 out my pocket with insurance. It was old injury I had when I was 15 2 teeth busted and after 23 years they had to be capped. I would love to had this paid for fully but in reality that not going to happen. I pay part of my health coverage each paycheck and all Obama's plain would jack that up each pay. My employer is not going to cover extra tax they just going to pass it off to me. It will be take it or leave it thing for me. Fuck this shit when come to money/tax/economy this government is fucking clueless.

Look at the big picture.

If we had universal health care everyone would get the treatments they need before they become huge problems, lowering the burden to societies insured people (like yourself), so that in the future instead of 1280 out of pocket you'd pay something reasonable like 400 (and the government would pay that 400 for you because we'd have UHC, so you wouldn't pay a penny! It'd be free to get your basic tooth maintence. ). That is because they wouldn't have to jack it up to cover those who can't pay at all.

And were is the money for that coming from? Obama's printing press? Ya that's right tax me now so I pay the 1280 in taxes instead of it as the bill :roll:

Jeff

 

[Genx87]

Originally posted by: Mursilis


Did it ever really exist in a substantive manner?

Only seemed to exist as a campaign slogan. Though I believe the democrats did pass some form of it but then neutered it to not apply to anything worth applying it to. In other words, no, it didnt exist.

 

[NaughtyGeek]

Originally posted by: Hayabusa Rider
We can all eat cake!

The cake is a lie!

 

[Mursilis]

Originally posted by: Genx87

Originally posted by: Mursilis


Did it ever really exist in a substantive manner?

Only seemed to exist as a campaign slogan. Though I believe the democrats did pass some form of it but then neutered it to not apply to anything worth applying it to. In other words, no, it didnt exist.

Of course not. Expecting the same types of peole who've caused the debt issues to solve the problem is sheer lunacy. [Cue Craig234 bleating on how the Democrats are historically fiscally-responsible; it's only the Republicans who spend money willy-nilly]

 

[Robor]

Originally posted by: RyanPaulShaffer
Wow, so not only did he lie (and smear his opponent on a premise he is now going to adopt), but he's also going to raise taxes...but wait...not claim to be raising taxes since technically, your income tax rate isn't going up.

I am flabbergasted...really...I mean, Obama as a good, moderate Democrat would never do anything like this!

Clearly it is BUSH'S FAULT!!!!!!!!!!

:|:thumbsdown:

:Q:frown::shocked::brokenheart::disgust:

Wrong! GWB made no mistakes and the situation this country is in had ABSOLUTELY NOTHING to do with his superb leadership.

Clearly it's CLINTON'S FAULT!!!!!!!

 

[NaughtyGeek]

The good news is, while it would cost me an extra $150 a month for a private policy over what I pay for employer group coverage now, with this plan I would save about $300 a month by purchasing my own plan instead of using the company provided plan. While I'm sure that doesn't apply to everyone, I imagine it will likely be the rule rather than the exception. So, when all of us "younger" people drop out of our employers group policies, how are the "older" employees going to be able to afford the increased rates? Not only are they going to be hit with the taxes, but the premiums will likely raise 20 to 30 percent when the 40 and below crowd opts out of the group policy.

 

[Jaskalas]

Originally posted by: Genx87

Originally posted by: JD50
Paygo!

That quietly disappeared after the 06 elections.

After the 00 elections.

 

[irwincur]

lowering the burden to societies insured people (like yourself), so that in the future instead of 1280 out of pocket you'd pay something reasonable like 400 (and the government would pay that 400 for you because we'd have UHC, so you wouldn't pay a penny! It'd be free to get your basic tooth maintence. ). That is because they wouldn't have to jack it up to cover those who can't pay at all.

Hahahaha - like Dental work will be covered. Look at England, the model - dental work is obviously not covered. Not to mention they have pretty much said already that health care does not include dental care as per this plan.

Plus, why the hell would you assume that the costs would be lower. Give me one instance where the government pays less for something that the average person does. Once everything hits the red tape - costs explode. And no one does red tape like the government, not even the insurance companies.

 

[piasabird]

I dont think UHC will pass through the Senate.

Part of the problem is UHC will be paying for all the undocumented workers who do not deserve free healthcare.

 

[Strk]

Originally posted by: piasabird
I dont think UHC will pass through the Senate.

Part of the problem is UHC will be paying for all the undocumented workers who do not deserve free healthcare.

This isn't UHC. Hell, I don't think it even counts as universal coverage.

 

[Thump553]

If health care benefits were taxable there would be enormous pressure to push down health care costs. We'd all be winners-except those with gold plated health benefits, usually because they are a governmental employee or under a union contract.

Excellent idea in my view. But I'm biased as I pay 100% of my health care coverage already.

 

[spidey07]

Originally posted by: Thump553
If health care benefits were taxable there would be enormous pressure to push down health care costs. We'd all be winners-except those with gold plated health benefits, usually because they are a governmental employee or under a union contract.

Excellent idea in my view. But I'm biased as I pay 100% of my health care coverage already.

Don't kid yourself. They'd tax that as well or make it no longer deductible. The real deal here is Obama is taxing EVERYTHING more.

 

[Strk]

Originally posted by: Thump553
If health care benefits were taxable there would be enormous pressure to push down health care costs. We'd all be winners-except those with gold plated health benefits, usually because they are a governmental employee or under a union contract.

Excellent idea in my view. But I'm biased as I pay 100% of my health care coverage already.

At least you're honest about that one, but that will probably get taxed too.

 

[heyheybooboo]

Originally posted by: spidey07

Originally posted by: Thump553
If health care benefits were taxable there would be enormous pressure to push down health care costs. We'd all be winners-except those with gold plated health benefits, usually because they are a governmental employee or under a union contract.

Excellent idea in my view. But I'm biased as I pay 100% of my health care coverage already.

Don't kid yourself. They'd tax that as well or make it no longer deductible. The real deal here is Obama is taxing EVERYTHING more.

You can deduct only the amount of your medical and dental expenses that is more than 7.5% of your adjusted gross income....

Example.

Your adjusted gross income is $40,000, 7.5% of which is $3,000. You paid medical expenses of $2,500. You cannot deduct any of your medical expenses because they are not more than 7.5% of your adjusted gross income.

Insurance premiums are 'medical expenses'.

 

[TruePaige]

Originally posted by: Mursilis

Originally posted by: TruePaige

Originally posted by: Jeffg010
As a guy that only makes 50k a year this would really hurt. On Tuesday I had to get a chipped tooth fix cost me 1280 out my pocket with insurance. It was old injury I had when I was 15 2 teeth busted and after 23 years they had to be capped. I would love to had this paid for fully but in reality that not going to happen. I pay part of my health coverage each paycheck and all Obama's plain would jack that up each pay. My employer is not going to cover extra tax they just going to pass it off to me. It will be take it or leave it thing for me. Fuck this shit when come to money/tax/economy this government is fucking clueless.

Look at the big picture.

If we had universal health care everyone would get the treatments they need before they become huge problems,

That assumes rationality, which isn't always the norm.

lowering the burden to societies insured people (like yourself), so that in the future instead of 1280 out of pocket you'd pay something reasonable like 400 (and the government would pay that 400 for you because we'd have UHC, so you wouldn't pay a penny! It'd be free to get your basic tooth maintence. ). That is because they wouldn't have to jack it up to cover those who can't pay at all.

That also assumes demand won't explode now that health care is 'free'.

I don't really know how much demand could increase, I wouldn't be sick any more often if healthcare was free, and I wouldn't go any more often for little things if it was either.

Nobody wants to miss work to go to the doctor, because you need work to make money to live (and you might even live a little longer because now you have UHC!)

 

[TruePaige]

Originally posted by: Jeffg010

Originally posted by: TruePaige

Originally posted by: Jeffg010
As a guy that only makes 50k a year this would really hurt. On Tuesday I had to get a chipped tooth fix cost me 1280 out my pocket with insurance. It was old injury I had when I was 15 2 teeth busted and after 23 years they had to be capped. I would love to had this paid for fully but in reality that not going to happen. I pay part of my health coverage each paycheck and all Obama's plain would jack that up each pay. My employer is not going to cover extra tax they just going to pass it off to me. It will be take it or leave it thing for me. Fuck this shit when come to money/tax/economy this government is fucking clueless.

Look at the big picture.

If we had universal health care everyone would get the treatments they need before they become huge problems, lowering the burden to societies insured people (like yourself), so that in the future instead of 1280 out of pocket you'd pay something reasonable like 400 (and the government would pay that 400 for you because we'd have UHC, so you wouldn't pay a penny! It'd be free to get your basic tooth maintence. ). That is because they wouldn't have to jack it up to cover those who can't pay at all.

And were is the money for that coming from? Obama's printing press? Ya that's right tax me now so I pay the 1280 in taxes instead of it as the bill :roll:

Jeff

The money is going to come from your taxes, haven't you been following?

Then your taxes will act as a giant group policy and we will all benefit from a "discount" of sorts from economies of scale, more efficiency in health care, insurance companies forced to be more reasonable, more realistic billing, and people not waiting until they need triple bypass surgery to go to the E.R.

It's okay, UHC is coming to help us all.

 

[Mursilis]

Originally posted by: TruePaige

Originally posted by: Mursilis
That also assumes demand won't explode now that health care is 'free'.

I don't really know how much demand could increase, I wouldn't be sick any more often if healthcare was free, and I wouldn't go any more often for little things if it was either.

Nobody wants to miss work to go to the doctor, because you need work to make money to live (and you might even live a little longer because now you have UHC!)

You look at 'sick' as a binary thing; you're either sick or you're not. However, it's not like that, at all. As people age, their bodies just begin to break down, so for most of us, there's probably going to be a reason to go to the doctor on a pretty frequent basis, especially if there's no cost attached. I expect demand to go up considerably. The VA used to offer free healtch care to all veterans, but had to scale that back because of swelling demand. UHC will result in the same.

And as for missing work, not everyone works.

 

[JD50]

Originally posted by: TruePaige

Originally posted by: Mursilis

Originally posted by: TruePaige

Originally posted by: Jeffg010
As a guy that only makes 50k a year this would really hurt. On Tuesday I had to get a chipped tooth fix cost me 1280 out my pocket with insurance. It was old injury I had when I was 15 2 teeth busted and after 23 years they had to be capped. I would love to had this paid for fully but in reality that not going to happen. I pay part of my health coverage each paycheck and all Obama's plain would jack that up each pay. My employer is not going to cover extra tax they just going to pass it off to me. It will be take it or leave it thing for me. Fuck this shit when come to money/tax/economy this government is fucking clueless.

Look at the big picture.

If we had universal health care everyone would get the treatments they need before they become huge problems,

That assumes rationality, which isn't always the norm.

lowering the burden to societies insured people (like yourself), so that in the future instead of 1280 out of pocket you'd pay something reasonable like 400 (and the government would pay that 400 for you because we'd have UHC, so you wouldn't pay a penny! It'd be free to get your basic tooth maintence. ). That is because they wouldn't have to jack it up to cover those who can't pay at all.

That also assumes demand won't explode now that health care is 'free'.

I don't really know how much demand could increase, I wouldn't be sick any more often if healthcare was free, and I wouldn't go any more often for little things if it was either.

Nobody wants to miss work to go to the doctor, because you need work to make money to live (and you might even live a little longer because now you have UHC!)

Quick example. I run a lot and my ankle has been kind of sore for the past couple of weeks. It'll probably work itself out so there's really no need for me to spend the money to go to the Dr. and then possibly be referred to a specialist, it's a waste of money. However, if healthcare was "free", I wouldn't hesitate going to the doctor on my day off, I've got nothing to lose if he just says to let it heal on it's own.

 

[JD50]

Originally posted by: Mursilis

Originally posted by: TruePaige

Originally posted by: Mursilis
That also assumes demand won't explode now that health care is 'free'.

I don't really know how much demand could increase, I wouldn't be sick any more often if healthcare was free, and I wouldn't go any more often for little things if it was either.

Nobody wants to miss work to go to the doctor, because you need work to make money to live (and you might even live a little longer because now you have UHC!)

You look at 'sick' as a binary thing; you're either sick or you're not. However, it's not like that, at all. As people age, their bodies just begin to break down, so for most of us, there's probably going to be a reason to go to the doctor on a pretty frequent basis, especially if there's no cost attached. I expect demand to go up considerably. The VA used to offer free healtch care to all veterans, but had to scale that back because of swelling demand. UHC will result in the same.

And as for missing work, not everyone works.

And people that do work have days off.