It Was Only A Matter Of Time Before This Began.......

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John Schnatter is a douche bag. I quite ordering his crappy pizzas the second I found out that he supported Romney. Schnatter sounds like just another Right-wing whiner that is joining the long list of sore losers that range from Ted Nugent to Chuck Norris to anyone on Fox News for a long loud ride in the whaaaaaaambulance. Boo Hoo!

 

BTW - It's the law of the land. Get used to it.

 

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It's the New Normal. Get used to it. It's been here for a while.

 

Besides, we already know what a bunch if Right-wingers think about Obamacare and we just don't care what they think. Is this all you have to whine about these days?

 

Do you think the CBO or its director, Douglas Elmendorf, are a "bunch of Right-wingers"?

And who are the "we" who just don't care?

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Full List of Obamacare Tax Hikes

Obamacare law contains 20 new or higher taxes on American families and small businesses​

Taxpayers are reminded that the President’s healthcare law is one of the largest tax increases in American history.​

Obamacare contains 20 new or higher taxes on American families and small businesses. ​

Arranged by their respective effective dates, below is the total list of all $500 billion-plus in tax hikes (over the next ten years) in Obamacare, where to find them in the bill, and how much your taxes are scheduled to go up as of today:​

Taxes that took effect in 2010:​

1. Excise Tax on Charitable Hospitals (Min$/immediate): $50,000 per hospital if they fail to meet new "community health assessment needs," "financial assistance," and "billing and collection" rules set by HHS. Bill: PPACA; Page: 1,961-1,971​

2. Codification of the “economic substance doctrine” (Tax hike of $4.5 billion). This provision allows the IRS to disallow completely-legal tax deductions and other legal tax-minimizing plans just because the IRS deems that the action lacks “substance” and is merely intended to reduce taxes owed. Bill: Reconciliation Act; Page: 108-113​

3. “Black liquor” tax hike (Tax hike of $23.6 billion). This is a tax increase on a type of bio-fuel. Bill: Reconciliation Act; Page: 105​

4. Tax on Innovator Drug Companies ($22.2 bil/Jan 2010): $2.3 billion annual tax on the industry imposed relative to share of sales made that year. Bill: PPACA; Page: 1,971-1,980​

5. Blue Cross/Blue Shield Tax Hike ($0.4 bil/Jan 2010): The special tax deduction in current law for Blue Cross/Blue Shield companies would only be allowed if 85 percent or more of premium revenues are spent on clinical services. Bill: PPACA; Page: 2,004​

6. Tax on Indoor Tanning Services ($2.7 billion/July 1, 2010): New 10 percent excise tax on Americans using indoor tanning salons. Bill: PPACA; Page: 2,397-2,399​

Taxes that took effect in 2011:​

7. Medicine Cabinet Tax ($5 bil/Jan 2011): Americans no longer able to use health savings account (HSA), flexible spending account (FSA), or health reimbursement (HRA) pre-tax dollars to purchase non-prescription, over-the-counter medicines (except insulin). Bill: PPACA; Page: 1,957-1,959​

8. HSA Withdrawal Tax Hike ($1.4 bil/Jan 2011): Increases additional tax on non-medical early withdrawals from an HSA from 10 to 20 percent, disadvantaging them relative to IRAs and other tax-advantaged accounts, which remain at 10 percent. Bill: PPACA; Page: 1,959​

Tax that took effect in 2012:​

9. Employer Reporting of Insurance on W-2 (Min$/Jan 2012): Preamble to taxing health benefits on individual tax returns. Bill: PPACA; Page: 1,957​

Taxes that take effect in 2013:​

10. Surtax on Investment Income ($123 billion/Jan. 2013): Creation of a new, 3.8 percent surtax on investment income earned in households making at least $250,000 ($200,000 single). This would result in the following top tax rates on investment income: Bill: Reconciliation Act; Page: 87-93​

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*Other unearned income includes (for surtax purposes) gross income from interest, annuities, royalties, net rents, and passive income in partnerships and Subchapter-S corporations. It does not include municipal bond interest or life insurance proceeds, since those do not add to gross income. It does not include active trade or business income, fair market value sales of ownership in pass-through entities, or distributions from retirement plans. The 3.8% surtax does not apply to non-resident aliens.​

11. Hike in Medicare Payroll Tax ($86.8 bil/Jan 2013): Current law and changes:​

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Bill: PPACA, Reconciliation Act; Page: 2000-2003; 87-93​

12. Tax on Medical Device Manufacturers ($20 bil/Jan 2013): Medical device manufacturers employ 360,000 people in 6000 plants across the country. This law imposes a new 2.3% excise tax. Exempts items retailing for <$100. Bill: PPACA; Page: 1,980-1,986​

13. High Medical Bills Tax ($15.2 bil/Jan 2013): Currently, those facing high medical expenses are allowed a deduction for medical expenses to the extent that those expenses exceed 7.5 percent of adjusted gross income (AGI). The new provision imposes a threshold of 10 percent of AGI. Waived for 65+ taxpayers in 2013-2016 only. Bill: PPACA; Page: 1,994-1,995​

14. Flexible Spending Account Cap – aka “Special Needs Kids Tax” ($13 bil/Jan 2013): Imposes cap on FSAs of $2500 (now unlimited). Indexed to inflation after 2013. There is one group of FSA owners for whom this new cap will be particularly cruel and onerous: parents of special needs children. There are thousands of families with special needs children in the United States, and many of them use FSAs to pay for special needs education. Tuition rates at one leading school that teaches special needs children in Washington, D.C. (National Child Research Center) can easily exceed $14,000 per year. Under tax rules, FSA dollars can be used to pay for this type of special needs education. Bill: PPACA; Page: 2,388-2,389​

15. Elimination of tax deduction for employer-provided retirement Rx drug coverage in coordination with Medicare Part D ($4.5 bil/Jan 2013) Bill: PPACA; Page: 1,994​

16. $500,000 Annual Executive Compensation Limit for Health Insurance Executives ($0.6 bil/Jan 2013). Bill: PPACA; Page: 1,995-2,000​

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(continued)...​

 

Taxes that take effect in 2014:​

17. Individual Mandate Excise Tax (Jan 2014): Starting in 2014, anyone not buying “qualifying” health insurance must pay an income surtax according to the higher of the following​

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Exemptions for religious objectors, undocumented immigrants, prisoners, those earning less than the poverty line, members of Indian tribes, and hardship cases (determined by HHS). Bill: PPACA; Page: 317-337

18. Employer Mandate Tax (Jan 2014): If an employer does not offer health coverage, and at least one employee qualifies for a health tax credit, the employer must pay an additional non-deductible tax of $2000 for all full-time employees. Applies to all employers with 50 or more employees. If any employee actually receives coverage through the exchange, the penalty on the employer for that employee rises to $3000. If the employer requires a waiting period to enroll in coverage of 30-60 days, there is a $400 tax per employee ($600 if the period is 60 days or longer). Bill: PPACA; Page: 345-346​

Combined score of individual and employer mandate tax penalty: $65 billion/10 years​

19. Tax on Health Insurers ($60.1 bil/Jan 2014): Annual tax on the industry imposed relative to health insurance premiums collected that year. Phases in gradually until 2018. Fully-imposed on firms with $50 million in profits. Bill: PPACA; Page: 1,986-1,993​

Taxes that take effect in 2018:​

20. Excise Tax on Comprehensive Health Insurance Plans ($32 bil/Jan 2018): Starting in 2018, new 40 percent excise tax on “Cadillac” health insurance plans ($10,200 single/$27,500 family). Higher threshold ($11,500 single/$29,450 family) for early retirees and high-risk professions. CPI +1 percentage point indexed. Bill: PPACA; Page: 1,941-1,956​

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Read more: http://atr.org/full-list-obamacare-tax-hikes-a6996#ixzz2C1Rjxa7Q​

Follow us: @taxreformer on Twitter​

 

You have listed a string of Right-wingers from crazy Tea Bagger DeMint to the always wrong Rasmussen Polling idiots. I have no doubt that Right-wing pukes and Right-wing organizations still want to paint the health care law as bad but the CBO also predicted 12 million new private sector jobs will be created in the next 4 years even with Obamacare in place. If it does kill any jobs, the jobs will most likely be in the health insurance industry since they can no longer fleece the rest of us for the sake of higher profits.

By "us" I mean people with brains in their heads that aren't stuck in the Right-wing echo chamber.

 

So much for "affordable", huh?

Why doesn't the left just go ahead and announce their goal & stop beating around the bush? They aren't going to stop until we have to turn all our money over to the gov't & let them give us back a little allowance.

 

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http://www.investingdaily.com/15482/staffing-companies-how-to-profit-from-obamacares-job-outsourcing

 

Hmmmmm... not really (unless you want to include Florida, Ohio, Iowa, New Hampshire, Colorado and Illinois in your "Right-wing echo chamber").

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http://politicalticker.blogs.cnn.com/2012/11/07/exit-polls-obamacare-remains-a-hot-button-issue/

 

Our share of the Obamacare taxes are higher too because LA, NE, Nancy Pelosi's constituents & the labor unions are exempted....just sayin'

 

Lying or just stupid? Probably both.

 

If you are talking about the legislation, as a whole, I would have to agree. It's stupid & lying was the only way to get it passed.

 

For companies facing the decision of decreasing employees' hours or initiating layoffs due to Obamacare, I would like to propose a possible solution for them.

Let's use Papa John's as an example.

1. Create a new company. For the sake of this discussion, we'll call it Papa Fred's.

2. An employee will work for Papa John's up to, but no more than, 29 hours per week.

3. At Hour 30, the employee will begin working for Papa Fred's (which is now Hour 1 at Papa Fred's).

All employees at both companies are part-time, the employer pays no increased Obamacare coverage, the business stays viable, the price of the product doesn't have to increase, no employees are laid off and the company stays in business.