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Originally Posted by 12thMan
Federal tax rates are at a 30 year low. Revenues are the lowest we've seen in years. Yes, taxes need to go up. Not because of Obamacare, but for the sake of our fiscal future.
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Revenues are at an all time low because unemployment is at an all time high. Couple that with increased spending that this Administration and the last Administration did, and that is why our government is in the fiscal shape that it is currently in. Raising taxes is not the end all, be all solution to the problem, and those of us who are lucky enough to be employed cannot take more tax hikes.
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Originally Posted by 12thMan
As far as the bold portion of your statement, guess what, you and I are footing the bill right now for those without insurance every time they make an emergency room visit. You know that, right? I haven't seen one healthcare economist or insurance industry study that says your healthcare premiums will get jacked up to pay for someone else's healthcare plan. If you can show me ONE independent study reflecting that, I'm all ears.
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Well, supposedly Obamacare is modeled after Romneycare...just ask the good citizens of Mass. why they are paying the highest premiums for health insurance in the country.
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Originally Posted by 12thMan
You seem to either think or imply that I'm saying taxes need to go up to cover the costs of Obamacare. The healthcare law, by and large, pays for itself and is projected to be deficit neutral. I can't make that any more clear.
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It was originally supposed to be a net reduction of about $143 billion in the deficit, but the plan is actually costing $115 billion more than what was originally estimated. So yay, deficit neutral. Did the "Doc fix" ever go into play as well? If so, then you're looking at adding roughly about $84 billion to the deficit. Just because it might be "deficit neutral" doesn't mean taxes won't go up because of the law.