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IRS tax return preparation invites a conflict of interest: http://t.co/oKvpIofu7Y
May 14, 2013 01:30 PM
taxreformer -
These destructive #Obamacare tax hikes will soon be implemented: http://t.co/opFkyf1guJ
May 14, 2013 01:01 PM
taxreformer -
"Saying the Marketplace Fairness Act is fair is like saying the Affordable Care Act makes health care affordable" -@MarshaBlackburn
May 14, 2013 12:30 PM
taxreformer -
"I can't believe #Obamacare led to higher health care costs," said no economist ever: http://t.co/J6dfnKqFYZ
May 14, 2013 12:01 PM
taxreformer -
#Obamacare's 10% tanning tax hits salon owners and customers, most of which are women: http://t.co/dJuaGAT9LE
May 14, 2013 11:01 AM
taxreformer -
Groups who advocated for the IRS to prepare tax returns sure look foolish these days: http://t.co/oKvpIofu7Y
May 13, 2013 06:30 PM
taxreformer -
"We don't need the federal government mandating additional taxes..." -@MarshaBlackburn on MFA: http://t.co/lAuLJtr5t3 #NoNetTax
May 13, 2013 06:00 PM
taxreformer -
Health insurers and businesses are already feeling the iron-clad grip of regulations in #Obamacare: http://t.co/J6dfnKqFYZ
May 13, 2013 05:30 PM
taxreformer -
Virginia Governor Bob McDonnell Signs Largest Tax Hike in Virginia History into Law http://t.co/Qd6KOFfaPv
May 13, 2013 03:46 PM
taxreformer -
Under #Obamacare, mothers have had a tougher time purchasing non-prescription, over-the-counter medicine: http://t.co/dJuaGAT9LE
May 13, 2013 02:01 PM
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PrintObama Care To Cost $2 Trillion
Michael Cannon, The Cato Institute's Health Care guru, has just completed his analysis of the cost of President Obama's Health Care Proposal, and the results are even more frightening than we thought.
His conclusion?
"In reality, the Democrats' health care bill is at least 50% more expensive than the $1.2 trillion estimate suggests."
So why is the number $1.2 trillion touted? Simple. Gimicks and trickery.
"When budgeting how it will spend your money, Congress looks out across a 10-year budget window. The current budget window runs from 2010 to 2019. A standard trick for making new government programs appear less expensive is to have them take effect not in the first year, but later in the budget window. If Congress launches a $100 million program in year one, its 10-year cost will be $1 billion. If Congress launches the program in year six, the 10-year cost is just $500 million. Delaying implementation just cut the cost of the program in half, right? Not quite. The program would still cost taxpayers $100 million per year.
That's exactly what House Democrats have done with their medical plan. Of the $1.2 trillion that the Congressional Budget Office estimates the legislation would cost between now and 2019, Democrats would spend only $200 billion in the first five years, but $1 trillion — more than 80% of the total — in the second five years. The Senate Democrats' medical plan includes new government spending that wouldn't even ramp up until beyond the 10-year window."
Is it any suprise that despite Obama’s promise not to raise taxes on families making less than $250,000 a year, Obama and Congressional have passed, or are considering signing, six different taxes on the poor and middle classes.
