Sponsored Content




Intermarkets' Privacy Policy
Support


Donate to Ace of Spades HQ!



Recent Entries
Absent Friends
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





















Director of HHS: Hey, I've Got a Great Idea. Let's Offer Obamacare to Illegal Immigrant "Dreamers" | Main | Open Thread: Animals Indoors
November 14, 2014

Peter Orzag, Obama's Budget Director in 2009, Lauds "Cadillac Plan" Tax Chicanery As More "Viable" Than Other Possibilities

So Obama cannot claim he didn't know. Peter Orzag talks about Obamcare phasing out the health care exemption, through the deceptive means of indexing the "Cadillac Plan" threshold to slow-growing CPI rather than fast-moving (and accurate) rate of medical inflation.

He also states that they went about phasing out the health care exemption because certain people -- unnamed, but he means Obama -- had demagogued McCain's honest discussion of ending the exemption (replacing it with a tax credit), and, as Orzag says, to now embrace an honest plan like McCain's would be "awkward."

So instead they lied.

So this is what happened:

In the 2008 campaign, McCain took the gutsy step of arguing in favor of repealing the health care exemption -- gusty, because while most Pointy Heads agreed this would make the best policy, most people just say "You're gonna tax my health insurance?!"

And note McCain offered a $10,000 or so tax credit in the deal -- so that most people would not experience any negative tax consequences from the change in the law.

Obama ran against this and demagogued McCain on the issue. He promised he would not tax your health insurance.

As soon as he's elected, Obama begins scheming as to how he can tax people's health insurance -- this time, not bothering to offer the $10,000 tax credit, which would make people net-neutral on the deal. He wants to tax them more. So no tax credit.

And since he just got done demagoguing the issue, he has to do it secretly. So he gets together with Orzag and Gruber to repeal the exemption over the course of years, as the "Cadillac Plan" threshold fails to keep pace with actual inflation.

So where are we now? Well, according to Gruber, we are 20 years away from all plans being taxed at 40% rate, which means that most employers won't offer them, and will just dump people on to the government exchanges.

They'll give people some cash in lieu of health care-- which will be taxed (unlike the health care benefits, making the middle class triple losers on the deal).

And the MSM is embargoing this, instead choosing to talk about Kim Kardashian's asshole.


Thanks to MorgenR.






Recent Comments
Lincolntf: "Not really a hobby, but I have been consumed by a ..."

olddog in mo: "Not a pet, but a 10 point buck left 5 of his point ..."

Kindltot: "damned cats will bring in mice to play to death in ..."

Northernlurker : "This will sound terrible but I had flashbacks to O ..."

Ben Had: "Boswell, they are the highlight of my year. The ..."

Puddleglum, drive by meow: "Oops, gettin' late, have to go to work. Meow! ..."

CharlieBrown'sDildo: " I think they suck up a lot of water though. [i ..."

Ciampino - Space is filled witth cats ...: "Beloved NYC owl Flaco dies after colliding with Up ..."

Puddleglum, drive by meow: "57: Watched it. Cat looked chill, until it nipped ..."

Northernlurker : "8 J. J., So glad you are feeling better. Poste ..."

2009Refugee : "50-ish bottles of beer brewed and capped. Looks li ..."

PaleRider: "Magic may lose pet door privileges? Sometimes Tob ..."

Recent Entries
Search


Polls! Polls! Polls!
Frequently Asked Questions
The (Almost) Complete Paul Anka Integrity Kick
Top Top Tens
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)
Powered by
Movable Type 2.64