Intermarkets' Privacy Policy Support
Donate to Ace of Spades HQ! Recent Entries
Saturday Overnight Open Thread (9/7/24)
Saturday Evening Movie Thread 09/07/2024 [TheJamesMadison] Hobby Thread - Sept 7, 2024 [TRex] Ace of Spades Pet Thread, September 7 Gardening, Puttering and Adventure Thread, Sept. 7 The "rules-based international order" vs. free speech? The Classical Saturday Morning Coffee Break & Prayer Revival Daily Tech News 7 September 2024 The Bric, The Brac, The Craic & All, Lets Call It An ONT TGIF Cafe Absent Friends
Bandersnatch 2024
GnuBreed 2024 Captain Hate 2023 moon_over_vermont 2023 westminsterdogshow 2023 Ann Wilson(Empire1) 2022 Dave In Texas 2022 Jesse in D.C. 2022 OregonMuse 2022 redc1c4 2021 Tami 2021 Chavez the Hugo 2020 Ibguy 2020 Rickl 2019 Joffen 2014 AoSHQ Writers Group
A site for members of the Horde to post their stories seeking beta readers, editing help, brainstorming, and story ideas. Also to share links to potential publishing outlets, writing help sites, and videos posting tips to get published.
Contact OrangeEnt for info:
maildrop62 at proton dot me Cutting The Cord And Email Security
Moron Meet-Ups
|
« Sean Hannity Responds to a Jon Stewart Criticism |
Main
| Director of HHS: Hey, I've Got a Great Idea. Let's Offer Obamacare to Illegal Immigrant "Dreamers" »
November 14, 2014
Oh Boy: In Jon Gruber's Newest (Sixth) Video, He Explains How Obama and Democrats Conspired to Get Rid of Tax Exemptions for All Insurance Plans Without Anyone NoticingThe guy who's been finding these said that the worst was yet to come. I've had my eyes out. Just to set the table here: It is widely, almost universally, acknowledged that not taxing insurance policies is a bad idea that leads to distortions and inefficiencies (and incidentally is a case of the government picking "winners and losers," and dictating what form employee payments should take). So as a general matter, I think we'd probably like to get rid of the tax exempt status for health care benefits. Note that McCain proposed doing just that in the 2008 election. His idea was that we would get rid of this exemption and instead give people an additional tax credit valued at the average cost of health insurance. Thus, people would be held harmless by the change, but we'd get rid of this government-made distortion in how employers pay their employees. Barack Obama, get this, demagogued that plan and accused McCain of wanting to increase taxes on people. And meanwhile, he schemed to achieve the same thing, except without that part about giving people an additional tax credit which would offset increased taxes, and, get this, without telling people he was getting rid of the tax exemption. Once again -- subverting democracy by completely destroying the concept of Consent of the Governed. What Gruber says Obamacare was meant to do is this: In its first few years, it will impose a massive -- 40% -- tax on "Cadillac plans," thus taxing them at a high rate. Thus getting rid of the exemption for such plans. Initially, only 8% of plans would be so affected. But here's the thing: The level at which you will be socked with this 40% tax will only go up, year by year, based upon the slow-moving CPI, rather than the fast-moving rate of medical inflation, which is of course what the yearly adjustment really ought to be pegged to, given that this is a medical expense, and not an ordinary consumer expense. Net result? As the years pass, more and more health insurance plans will be wacked by the 40% tax, because it will not be adjusted by much each year; and ultimately, virtually all plans will be subject to it. Thus, the health care plan tax exemption will be repealed. Not in the way McCain proposed -- which included Fair Warning to the voter, as well as a tax-credit offset which would hold taxpayers harmless in the change. No -- the health care plan tax exemption will be repealed by, get this, stealth and trickery. And that's coming. The law is already written. Every year, the "Cadillac plan" level will get lower and lower (well, it will go slowly upwards, but the costs of medical treatment will go up faster than it does), and more and more plans -- ordinary, run-of-the-mill plans -- will be deemed "Cadillac plans" and thus taxed at a 40% rate. And employers will, naturally, stop offering them. They don't want to pay a 40% rate. And thus, without the public ever agreeing to it, private medical insurance is effectively ended in the United States. And this was all part of the plan. Kept secret from you. "It turns out politically it's really hard to get rid of," Gruber said. "And the only way we could get rid of it was first by mislabeling it, calling it a tax on insurance plans rather than a tax on people when we all know it's a tax on people who hold those insurance plans." Incidentally, this will also be a backdoor tax hike on the middle class, even if employers stop providing insurance. Instead, employers will cancel insurance and pay them somewhat increased wages -- but those wages will be taxed, which their health plan benefits had not been. Armageddon. Armageddon. It's time to repeal this monstrosity cooked up by socialist serial liars. Huge Update: Where was Barack? Why, leading the discussions on how to kill the health care plan tax exemption, of course! | Access Comments | Recent Comments
San Franpsycho:
""The Taking of Pelham 123" 1974. I hated that film ..."
gp's Movie Laffs: "186 I'm drawing a blank too. ..." Eromero: "I've been up since 0400. This is a long day for mo ..." San Franpsycho: "I usually sleep through the last hour of [i]Rocky ..." no one of any consequence: ""The Taking of Pelham 123" 1974. I hated that fil ..." Just Some Guy: "Sitting here thinking about 'favorite' movie. The ..." Kamalahlah: "We can all be judges of what is best, unburdened b ..." hart: "Rocky Horror Picture Show is decadent insane trash ..." Kindltot: "Bullet Train was a good train movie. I despise Se ..." top picks reviews: "What's up friends, its fantastic article about tea ..." gp's Movie Laffs: ""I am not the arbitrator of what’s best." ..." ShainS -- If Your Independence Lasts Over 4 Hours, You May Have Been Red-Pilled [/b][/i][/s][/u]: "The "tracking shot" for the opening to "Touch of E ..." Recent Entries
Saturday Overnight Open Thread (9/7/24)
Saturday Evening Movie Thread 09/07/2024 [TheJamesMadison] Hobby Thread - Sept 7, 2024 [TRex] Ace of Spades Pet Thread, September 7 Gardening, Puttering and Adventure Thread, Sept. 7 The "rules-based international order" vs. free speech? The Classical Saturday Morning Coffee Break & Prayer Revival Daily Tech News 7 September 2024 The Bric, The Brac, The Craic & All, Lets Call It An ONT TGIF Cafe Search
Polls! Polls! Polls!
Frequently Asked Questions
The (Almost) Complete Paul Anka Integrity Kick
Primary Document: The Audio
Paul Anka Haiku Contest Announcement Integrity SAT's: Entrance Exam for Paul Anka's Band AllahPundit's Paul Anka 45's Collection AnkaPundit: Paul Anka Takes Over the Site for a Weekend (Continues through to Monday's postings) George Bush Slices Don Rumsfeld Like an F*ckin' Hammer Top Top Tens
Democratic Forays into Erotica New Shows On Gore's DNC/MTV Network Nicknames for Potatoes, By People Who Really Hate Potatoes Star Wars Euphemisms for Self-Abuse Signs You're at an Iraqi "Wedding Party" Signs Your Clown Has Gone Bad Signs That You, Geroge Michael, Should Probably Just Give It Up Signs of Hip-Hop Influence on John Kerry NYT Headlines Spinning Bush's Jobs Boom Things People Are More Likely to Say Than "Did You Hear What Al Franken Said Yesterday?" Signs that Paul Krugman Has Lost His Frickin' Mind All-Time Best NBA Players, According to Senator Robert Byrd Other Bad Things About the Jews, According to the Koran Signs That David Letterman Just Doesn't Care Anymore Examples of Bob Kerrey's Insufferable Racial Jackassery Signs Andy Rooney Is Going Senile Other Judgments Dick Clarke Made About Condi Rice Based on Her Appearance Collective Names for Groups of People John Kerry's Other Vietnam Super-Pets Cool Things About the XM8 Assault Rifle Media-Approved Facts About the Democrat Spy Changes to Make Christianity More "Inclusive" Secret John Kerry Senatorial Accomplishments John Edwards Campaign Excuses John Kerry Pick-Up Lines Changes Liberal Senator George Michell Will Make at Disney Torments in Dog-Hell Greatest Hitjobs
The Ace of Spades HQ Sex-for-Money Skankathon A D&D Guide to the Democratic Candidates Margaret Cho: Just Not Funny More Margaret Cho Abuse Margaret Cho: Still Not Funny Iraqi Prisoner Claims He Was Raped... By Woman Wonkette Announces "Morning Zoo" Format John Kerry's "Plan" Causes Surrender of Moqtada al-Sadr's Militia World Muslim Leaders Apologize for Nick Berg's Beheading Michael Moore Goes on Lunchtime Manhattan Death-Spree Milestone: Oliver Willis Posts 400th "Fake News Article" Referencing Britney Spears Liberal Economists Rue a "New Decade of Greed" Artificial Insouciance: Maureen Dowd's Word Processor Revolts Against Her Numbing Imbecility Intelligence Officials Eye Blogs for Tips They Done Found Us Out, Cletus: Intrepid Internet Detective Figures Out Our Master Plan Shock: Josh Marshall Almost Mentions Sarin Discovery in Iraq Leather-Clad Biker Freaks Terrorize Australian Town When Clinton Was President, Torture Was Cool What Wonkette Means When She Explains What Tina Brown Means Wonkette's Stand-Up Act Wankette HQ Gay-Rumors Du Jour Here's What's Bugging Me: Goose and Slider My Own Micah Wright Style Confession of Dishonesty Outraged "Conservatives" React to the FMA An On-Line Impression of Dennis Miller Having Sex with a Kodiak Bear The Story the Rightwing Media Refuses to Report! Our Lunch with David "Glengarry Glen Ross" Mamet The House of Love: Paul Krugman A Michael Moore Mystery (TM) The Dowd-O-Matic! Liberal Consistency and Other Myths Kepler's Laws of Liberal Media Bias John Kerry-- The Splunge! Candidate "Divisive" Politics & "Attacks on Patriotism" (very long) The Donkey ("The Raven" parody) |