Posts Tagged ‘cnn’
Paul Watson’s Article About Obamacare: Taxing The American People Into Oblivion on Alex Jones Tv
Obamacare: Taxing The American People Into Oblivion
Steve Watson and Paul Watson
http://www.prisonplanet.com
Tuesday, March 23rd, 2010
H.R. 3590, The Patient Protection and Affordable Care Act, to give it its full title, is rammed full of tax increases which will further economically cripple Americans already laboring under the worst financial crisis since the great depression.
The partnering Reconciliation Act, currently in the Senate, also contains a raft of pork barrel and tax hikes, there to fund the trillion dollar cost of nationalizing medicine.
As reported by Bloomberg News today, analysis by the nonpartisan congressional Joint Committee on Taxation reveals that the bill will generate $409.2 billion in additional taxes by 2019.
In addition, the Congressional Budget Office states that the bill also levies almost $69 billion more in penalties for those who fail to meet mandates to buy insurance.
The Journal of Accountancy boils down some of the tax hikes and penalty fees in H.R. 3590 and the Reconciliation Act the highlights include:
Excise Tax on Uninsured Individuals Individuals who fail to maintain minimum essential coverage will be subject to a penalty equal to $750. The fee for an uninsured individual under age 18 is one-half of the adult fee.
Excise Tax on High-Cost Employer Plans The federal government would impose a 40% tax on the value of employer-sponsored health coverage exceeding certain thresholds. Those levels are projected to be $8,500 for self only and $23,000 for any other level by the year 2013. This excise was announced with fanfare by the White House and labor unions in January and remains in the final bill.
Increase in additional tax on distributions from Health Savings Accounts and Archer Medical Savings Accounts not used for qualified medical expenses An increase from 10% to 20% on taxes of money in a health savings account not used for qualified medical expenses. For Archer medical savings accounts, an increase from 15% to 20%.
Additional Hospital Insurance Tax on High-Income Taxpayers High income tax payers, making on a joint return over $250,000 and a standard return over $200,000, are required to pay an additional 0.5% of wages. This applies to both self-employed, and regularly employed individuals.
Fees on Health Plans A fee applied to all health insurance providers based upon net premiums and any third party fees associated with the administration of those programs. The fees will total $6.7 billion annually. This figure begins at $8 billion in the Reconciliation Act and rises to $14.3 billion by 2018.
Tax on Indoor Tanning Services The act imposes a 10% tax on amounts paid for indoor tanning services. Like a sales tax, the tax will be collected from the person tanning when payment for the tanning services is made.
Business Insider boils down 15 more tax hikes here highlights include:
Tax on individuals without acceptable health care coverage A 2.5% income tax on individuals who do not have health care coverage, limited to a cost less than the average national health care premium.
Excise tax on elective cosmetic medical procedures A tax of 5% is levied upon the am mount paid for any cosmetic surgery. This does not include the need for such surgeries created by trauma or a disfiguring disease. If the tax is not collected by that professional completing the procedure, their business is still liable for the requirement.
The Reconciliation Act also legislates for the following surcharges: 1% surcharge on individuals making more than $350,000, 1.5% surcharge on individuals making more than $500,000, 5.4% surcharge on individuals making more than $1 million.
Yet more tax provisions in the bill are highlighted by INvestors Business Daily in their piece titled 20 Ways ObamaCare Will Take Away Our Freedoms highlights include:
Taxes On Employers If you are a large employer (defined as at least 101 employees) and you do not want to provide health insurance to your employee, then you will pay a $750 fine per employee (It could be $2,000 to $3,000 under the reconciliation changes) (Section 1513).
Taxes on Pharmaceutical Companies The government will extract a fee of $2.3 billion annually from the pharmaceutical industry (Section 9008 (b)).
Taxes on medical device manufacturers The government will extract a fee of $2 billion annually from medical device makers (Section 1405).
Duration : 0:10:57
CNN 360 Anderson Cooper – Auto Insurance Part 1
Zombie Public Option Puts Stake In Heart of Health Care Costs?
HAPPY HALLOWEEN!
“The Colbert Report” this week found something a little ghoulish about the resurrection of the public option just in time for Halloween, though, as I argue in this video, the public option may be necessary to kill the real monster threatening the United States: rising health care costs.
The short clip from “The Colbert Report” I use in this video comes from a segment broadcast on Comedy Central on October 29, 2009, currently available in full at http://www.colbertnation.com/the-colbert-report-videos/253997/october-29-2009/threatdown—halloween-edition
The image of the bar graph comparing US health care spending to the spending in the other 29 member countries of the Organisation for Economic Co-operation and Development (OECD) is a public domain image available at http://upload.wikimedia.org/wikipedia/commons/a/a1/International_Comparison_-_Healthcare_spending_as_%25_GDP.png
The original source of that graph (along with a lot of other great information) is at http://www.whitehouse.gov/assets/documents/CEA_Health_Care_Report.pdf
The images from the 2004 article in Health Affairs titled “How Does The Quality Of Care Compare In Five Countries?” come from the document available online at http://content.healthaffairs.org/cgi/reprint/23/3/89
Duration : 0:2:36
Obama’s Health care plan – New world order
How stories are covered by different news stations
This is a video about an interview with John McCain in which he was asked if birth control should be covered by health insurance. As he stumbles through the question, he later realizes he wants to avoid the question. The purpose of this video is to show how different news stations covered the story. The news stations I chose were MSNBC, CNN, and FOX News.
Duration : 0:5:11
Alex Covers IRS to become Bounty Hunters for ObamaCare Law on The Alex Jones Show 1/8
Health Care Mandate to Be Enforced by IRS Bounty Hunters
Jim Kouri
Canada Free Press
March 22, 2010
The very nature of the program provides incentives for collectors to push the limits of legality to extract a little more revenue from their targets.
Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. It would be better to live under robber barons than under omnipotent moral busybodies. The robber barons cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience.—C. S. Lewis (1898 1963)
The Internal Revenue Service (IRS) will see its largest expansion since withholding taxes were first enacted during WWII to enforce the glut of new tax mandates and penalties included in the Democrats latest health care plan, according to Rep. Kevin Brady (R-TX)
A new analysis by the Joint Economic Committee and the House Ways & Means Committee minority staff estimates up to 16,500 new IRS personnel will be needed to collect, examine and audit new tax information mandated on families and small businesses in the reconciliation bill being taken up by the U.S. House of Representatives this weekend, according to Brady.
When most people think of health care reform they think of more doctors exams, not more IRS exams, says U.S. Congressman Kevin Brady, the top House Republican on the Joint Economic Committee. Isnt the federal government already intruding enough into our lives? We need thousands of new doctors and nurses in America, not thousands more IRS agents.
Scores of new federal mandates and fifteen different tax increases totaling $400 billion are imposed under the Democratic House bill. In addition to more complicated tax returns, families and small businesses will be forced to reveal further tax information to the IRS, provide proof of government approved health care and submit detailed sales information to comply with new excise taxes.
Scores of new federal mandates and fifteen different tax increases totaling $400 billion are imposed under the Democratic House bill. In addition to more complicated tax returns, families and small businesses will be forced to reveal further tax information to the IRS, provide proof of government approved health care and submit detailed sales information to comply with new excise taxes.
http://www.infowars.com/health-care-mandate-to-be-enforced-by-irs-bounty-hunters/
Duration : 0:10:56
Sanjay Gupta & Roy Blunt Whine and About Hurting the Health Insurance Industry
(Via Heather, http://crooksandliars.com ) CNN’s Rick Sanchez brings in Michael Moore basher Sanjay Gupta and Rep. Roy Blunt to lament the horrors of private insurance companies no longer being able to reap massive profits on the backs of United States citizens. If we did by some miracle actually ever get to universal health care in the U.S., it would not mean these companies are out of business completely. They would still be offering supplemental insurance to compliment the government plan. In the world of the Gupta’s and Blunt’s out there, that would be a tragedy.
Duration : 0:5:13
American People Oppose Health Care Bill, But Democrats Move Forward Anyway
Despite strong opposition from the American people and state governments, Democrats continue to push forward with partisan health care legislation filled with tax hikes, Medicare cuts, and premium increases.
Duration : 0:3:33
cnn – sen. max baucus on health care house bill: “good and balanced”
yeah, we shall see when the senate bill is presented.
Baucus on health care bill
Sen. Max Baucus: Health care bill is “a good … balanced bill.”
Duration : 0:2:24
http://www.usahealthinsurancequotes.net
Anderson Cooper story about questionable auto insurance practices.
Health care flow chart