The way I understand this, SCOTUS just allowed the administration to raise taxes on those who can least afford it.
The very poor and lower middle class, the 25-30 million un(der)employed who cannot afford to buy insurance (like myself) will now be taxed if they do not. Which they also cannot afford. And by ruling the states do not have to form low cost exchanges, give these people no affordable way to comply with the law even if they wanted to.
Meanwhile, the very wealthy, moderately wealthy, middle class and up ARE EXEMPT FROM PAYING THE TAX if they simply buy health insurance.
That's some weird class warfare going on there. I'd like to see OWS and Friends protest that. That their beloved Prez and hero of the poor just stuck it to the very people they claim to be championing and let the ones they are protesting off the hook.
Or maybe I'm missing something as well.
PASTORIUS CUTTING IN:
MR has a great point here, and this sets up an interesting conundrum for the Supreme Court, and even more specifically on the Liberals and Leftists of America. Because they have colluded in handing down a law with which they all will be compelled, eventually, to disagree.
If the tax is not applied to all, and if it is, therefore, applied only to those who are not wealthy enough to buy insurance themselves, then this is, essentially, a tax on poor people.
Additionally, I don't think people can be compelled to pay a tax on something they didn't do.
6 comments:
Hi Guys.
If you look at the predicted rising cost of 'obamacare' in the future, will taxes rise at the same rate?
To me that's the only way to keep the whole project afloat.
This state has already said that even with all the federal aid from DC there is NO WAY they could afford the medicaid expansion. There simply is not enough money.
All that just happened is I now face an increase in tax for nothing, ALONG WITH my wife being taxed for having cadillac insurance on a teacher's rural teaching salary, while I am on a fixed retirement income.
Thus our disposable income has been decreased while REAL inflation is about 10%.
Republicans NEED to outline a SPECIFIC plan allowing lower costs by allowing ALL INSURANCE COMPANIES TO COMPETE NATIONWIDE.
Otherwise a GROWING NUMBER OF PEOPLE will simply conclude that we might as well go to single payer and have done with it. And that will be the END of the kind of medical research we have always enjoyed.
Single-payer insurance. That's all Obama wanted to accomplish in the first place.
And, he has used Cloward-Piven to get us within a hair of it now.
Check (mate).
We've got to make sure he is rejected in Nov, and PRAY that the senate becomes repub.
Read My Lips. . .
AGAIN, MY SAME COMMENT APPLIES HERE AS IT DOES UNDER 'READ MY LIPS...'.
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