Some have called what is about to happen to us a gargantuan tax. Re Obama “I don’t want us to keep having a political arguments that are based on politics and not on facts—you mean like the Health Care bill!
Some are saying that his proposed increases will be the largest in the history of the planet. An analysis by Ira Stroll at Reason.com, Obama’s media courtiers are flat wrong. Flawed sources, an outdated, year-old treasury department paper which failed to adjust dollar value, and partisan hackery by the lefty Politifact website using pre-Roberts data that the CBO itself says it’s revising. OB care $525 billion tax increase would indeed be the largest in American history.
Dem’s promised that OB care would cost $940 billion when they rammed it through congress. The actual cost is around $2.6 billion in its first real decade—nearly three times as much a dem’s predicted.
Taxmageddon will hit the tax payer in three waves on 1/1/13, when the Bush cuts expire. If you’ve got health insurance you’re not getting hit by a tax according to Obama?
(Supreme Court ruling??)
But under this mandate the government is forcing people to spend money and fining them if they don’t. How is that not a tax increase people? The definition of a tax—a charge, usually of money imposed by authority on persons or property for public purpose—BINGO.
Obama still says that it is not a tax. The tax is a stealth tax on all Americans and nobody was told so officially until judge Roberts wrote his convoluted ruling.
It is a massive expansion of government, funded by the biggest tax increase in the history of the world, that makes the IRS Obama’s domestic army. A vast majority of 67% opposed the individual mandate, over 53% oppose the entire bill.
BUT OBAMA SAID HE WOULD LISTEN TO THE WILL OF THE PEOPLE