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Pop Quiz...

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  • BennyBeaver
    BennyBeaver Member Posts: 13,346
    I hate it when I loose my insurance.
  • YoureAFuckingJelly
    YoureAFuckingJelly Member Posts: 49
    PPACA is a health care reform law that requires individuals to buy and maintain insurance or pay a penalty/tax. The law is funded in part by this penatly/tax and also by increased taxes on other health and non-health related items and services.

    Where Does the Money Come From? Besides the Individual Mandate penalty/tax, there are numerous NEW or INCREASED taxes and fees to fund all that is required by this law.
    +.9% Increase in Medicare Tax Rate (plus next item…)
    3.8% New Tax on unearned income for high-income taxpayers= $210.2 billion ($200,000 for individual and $250,000 for joint filers)
    New Annual Fee on health insurance providers = $60 billion (For calculation - Sec 9010 (b) of the PPACA.)[1]
    40% New Tax on health insurance policies which cost more than $10,200 for an individual or $27,500 for a family, per year = $32 billion (inland tax as opposed to an importation tax)
    New Annual Fee on manufacturers and importers of branded drugs = $27 billion (For calculation - Sec 9008 (b) of the PPACA)[2]
    2.3% New Tax on manufacturers and importers of certain medical devices = $20 billion
    +2.5% Increase (7.5% to 10%) in the Adjusted Gross Income floor on medical expenses deduction = $15.2 billion
    Limit annual contributions to $2,500 on flexible spending arrangements in cafeteria plans (plans that allow employees to choose between different types of benefits) = $13 billion
    All other revenue sources = $14.9 billion
    10% New Tax imposed on each individual for whom “indoor tanning services” are performed.
    3.8% New Tax on investment income. Includes: gross income from interest, dividends, royalties, rents, and net capital gains. Investment income does not include interest on tax-exempt bonds, veterans’ benefits, excluded gain from the sale of a principle residence, distributions from retirement plans, or amounts subject to self-employment taxes. (The lesser of net investment income or the excess of modified Adjusted Gross Income over a the dollar amount at which the highest income tax bracket, typically $250,000 for married filing jointly and $200,000 filing as an individual).
  • YoureAFuckingJelly
    YoureAFuckingJelly Member Posts: 49
    TheGlove said:

    I hate it when I loose my insurance.

    We need more presidents like Reagan, GHWB, GWB, and Ossai who never broke a promise while in office.

    Quit whining about losing your shitty insurance that does not meet the standard set forth by the ACA.

    You may now resume your circle jerk tea party
  • dnc
    dnc Member Posts: 56,855

    TheGlove said:

    I hate it when I loose my insurance.

    We need more presidents like Reagan, GHWB, GWB, and Ossai who never broke a promise while in office.

    Quit whining about losing your shitty insurance that does not meet the standard set forth by the ACA.

    You may now resume your circle jerk tea party
    whoooooooooooooooooooooooooooooooosh
  • TierbsHsotBoobs
    TierbsHsotBoobs Member Posts: 39,680
    TheGlove said:

    I hate it when I loose my insurance.

    Your a looser.

  • TierbsHsotBoobs
    TierbsHsotBoobs Member Posts: 39,680

    TheGlove said:

    I hate it when I loose my insurance.

    We need more presidents like Reagan, GHWB, GWB, and Ossai who never broke a promise while in office.

    Quit whining about losing your shitty insurance that does not meet the standard set forth by the ACA.

    You may now resume your circle jerk tea party
    CollegeDoog, mcd, Boobs, Harv, or HNMT?
  • Kaepsknee
    Kaepsknee Member Posts: 14,919

    TheGlove said:

    I hate it when I loose my insurance.

    We need more presidents like Reagan, GHWB, GWB, and Ossai who never broke a promise while in office.

    Quit whining about losing your shitty insurance that does not meet the standard set forth by the ACA.

    You may now resume your circle jerk tea party
    Yes. Yes. The lofty standards of the ACA.

    You must not have read what you cut and pasted in the post before in regards to where and how the boondoggle is "paid for". Becuase if you are actually a tax payer, there are some disturbing sources and tax hikes in there.

    And No I'm not talking about the stick it to whitey tax increases either.

    I'm guessing you're just another Collegedoog-esque idealist though with another handle. Either still an undergrad or wasting Mommy, Daddy or your 2 Daddy's and my money in some BS humanities grad program.

    Abundance.
  • Swaye
    Swaye Moderator, Swaye's Wigwam Posts: 41,741 Founders Club
    Side note: I would have been more excited about this thread if it was titled "Poop Quiz."
  • YoureAFuckingJelly
    YoureAFuckingJelly Member Posts: 49
    salemcoog said:

    TheGlove said:

    I hate it when I loose my insurance.

    We need more presidents like Reagan, GHWB, GWB, and Ossai who never broke a promise while in office.

    Quit whining about losing your shitty insurance that does not meet the standard set forth by the ACA.

    You may now resume your circle jerk tea party
    Yes. Yes. The lofty standards of the ACA.

    You must not have read what you cut and pasted in the post before in regards to where and how the boondoggle is "paid for". Becuase if you are actually a tax payer, there are some disturbing sources and tax hikes in there.

    And No I'm not talking about the stick it to whitey tax increases either.

    I'm guessing you're just another Collegedoog-esque idealist though with another handle. Either still an undergrad or wasting Mommy, Daddy or your 2 Daddy's and my money in some BS humanities grad program.

    Abundance.
    It was 2 moms and they let me watch.