Obama’s way of Paying for Health Care (for all)

Obama and his liberal criminals -Pelosi,Dodd, Reid and Hoyer said they needed to go ahead and pass the health care reform act and then they will find out what is in it since no one read the bill except those being ”required” to pay for it.

Simply put, this is what you can expect starting in 2011 when tax time comes around.

Keep in mind that Obama said he would not raise taxes on anyone who makes less than $250K.  Remember also that when passed - purchasing health care from the government was not considered a “tax.” 

Now that the administration is having to explain itself in the courts in order to pass this POS-it has become a tax and not a “requirement” by the Federal Government. 

My uncle sent this too me and I thought it is worth passing around.

Title IX Revenue Provisions­Subtitle A:  Revenue Offset
“(Sec. 9002) Requires employers to include in the W-2 form of each employee
the aggregate cost of applicable employer-sponsored group health coverage
that is excludable from the employee’s gross income (excluding the value of
contributions to flexible spending arrangements).”
 
 
 Starting in 2011­ next year, ­the W-2 tax form sent by your employer will be
increased to show the value of whatever health insurance you are provided.

  
It doesn’t matter if you’re retired. Your gross income WILL go up by the amount
of insurance your employer paid for. So you’ll be required to pay taxes on a larger
sum of money that you actually received.

Take the tax form you just finished for 2009 and see what $15,000.00 or $20,000.00 additional gross income does to
your tax debt. That’s what you’ll pay next year.

For many it puts you into a much higher bracket.

This is how the government is going to buy insurance for fifteen (15) percent that don’t have insurance and it’s only part of the tax increases, but, again, it’s not really a “tax increase” as such,

it a redefinition of your taxable income.
 
Also, go to Kiplinger’s and read about the thirteen (13) tax changes for 2010 that
could affect you.

Related posts:

1. Final Health Care Bill May Require Proof of Insurance on Tax Returns
2. If You Think Health Care is Broken Now- Just Wait till Uncle Sam gets a hold of it!
3. Why do Liberals need the IRS for Health Care Reform enforcement?
4. Republicans say “No Tax” pledge will go away with Health Care Bill
5. Obama’s Welfare Health Care

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