national debt

Oct 30, 2009

Affordable Health Care For America Act?

H.R. 3962: Affordable Health Care for America Act is repressive rather than progressive. There was no referendum to pass this 1,990 page restructuring of 15.3% of our economy. If health care is the problem, insurance is not the cause, and bigger government is not the answer.

Fortune 500 shows that last year's profits for the ten largest private insurance companies in America were eight billion-altogether. Medicare lost to faud 20 times the profit of the most profitable insurance company

It has little to do with making health care affordable for Americans and great deal to do with usurping personal choices by empowering the American Government. It is health care being delivered by the U.S. Postal Service and administered by the Internal Revenue Service.

Do you want your medications delivered to you the way this government misdelivers the mail of other people to you. Do you want your health care administered by the IRS under the Department of the Treasury? If you like how the IRS determines deductions and hunts down taxpayers for missing payments, you will love how they determine benefits and demand premiums.

Imagine another 111 bureacracies that only ultimately must listen to the Secretary of the Treasury - another "service" of which is the IRS.


This huge bill was not created because of a lack of ideas from Republicans in readable segments with alternative bills. It is inspite of them. The Democrats do not fight corruption. They reward it with trillions of dollars in pork. Medicare is failing, but wait until they make it look like ACORN.

The REPUBLICAN Affordable Health Care For America Act would be MAKING HEALTH Care Affordable For EVERY AmeriCAN.

Besides the connection to all of H.3932 above, there are connections for detailed summaries and a comprehensive list of tax hikes at the end.

Just to start with, you can start and listen to the videos at the end while you read the this:


Affordable Health Care for America Act Section by Section Analysis

Detailed Summary of Affordable Health Care for America Act

AMERICANS FOR TAX REFORM has checked this for new taxes and found a:

COMPREHENSIVE LIST OF ALL TAX HIKES IN HOUSE GOVERNMENT HEALTH BILL

Employer Mandate Excise Tax (Page 275): If an employer does not pay 72.5 percent of a singleemployee’s health premium (65 percent of a family employee), the employer must pay an excise tax equal to 8 percent of average wages. Small employers (measured by payroll size) have smaller payroll tax rates of 0 percent (<$500,000), 2 percent ($500,000-$585,000), 4 percent ($585,000-$670,000), and 6 percent ($670,000-$750,000).

Individual Mandate Surtax (Page 296): If an individual fails to obtain qualifying coverage, he must pay an income surtax equal to the lesser of 2.5 percent of modified adjusted gross income (MAGI) or the average premium. MAGI adds back in the foreign earned income exclusion and municipal bond interest.

Medicine Cabinet Tax (Page 324): Non-prescription medications would no longer be able to be purchased from health savings accounts (HSAs), flexible spending accounts (FSAs), or health reimbursement arrangements (HRAs). Insulin excepted.

Cap on FSAs (Page 325): FSAs would face an annual cap of $2500 (currently uncapped). Increased Additional Tax on Non-Qualified HSA Distributions (Page 326): Non-qualified distributions from HSAs would face an additional tax of 20 percent (current law is 10 percent). This disadvantages HSAs relative to other tax-free accounts (e.g. IRAs, 401(k)s, 529 plans, etc.)

Denial of Tax Deduction for Employer Health Plans Coordinating with Medicare Part D (Page 327): This would further erode private sector participation in delivery of Medicare services. Surtax on Individuals and Small Businesses (Page 336): Imposes an income surtax of 5.4 percent on MAGI over $500,000 ($1 million married filing jointly). MAGI adds back in the itemized deduction for margin loan interest. This would raise the top marginal tax rate in 2011 from 39.6 percent under current law to 45 percent—a new effective top rate.

Excise Tax on Medical Devices (Page 339): Imposes a new excise tax on medical device manufacturers equal to 2.5 percent of the wholesale price. It excludes retail sales and unspecified medical devices sold to the general public.

Corporate 1099-MISC Information Reporting (Page 344): Requires that 1099-MISC forms be issued to corporations as well as persons for trade or business payments. Current law limits to just persons for small business compliance complexity reasons. Also expands reporting to exchanges of property.

Delay in Worldwide Allocation of Interest (Page 345): Delays for nine years the worldwide allocation of interest, a corporate tax relief provision from the American Jobs Creation Act.

Jobs Creation Act Limitation on Tax Treaty Benefits for Certain Payments (Page 346): Increases taxes on U.S. employers with overseas operations looking to avoid double taxation of earnings.

Codification of the “Economic Substance Doctrine” (Page 349): Empowers the IRS to disallow a perfectly legal tax deduction or other tax relief merely because the IRS deems that the motive of the taxpayer was not primarily business-related.

Application of “More Likely Than Not” Rule (Page 357): Publicly-traded partnerships and corporations with annual gross receipts in excess of $100 million have raised standards on penalties. If there is a tax underpayment by these taxpayers, they must be able to prove that the estimated tax paid would have more likely than not been sufficient to cover final tax liability.



OTHER ISSUES:

Page 94—Section 202(c) prohibits the sale of private individual health insurance policies, beginning in 2013, forcing individuals to purchase coverage through the federal government

Page 110—Section 222(e) requires the use of federal dollars to fund abortions through the government-run health plan—and, if the Hyde Amendment were ever not renewed, would require the plan to fund elective abortions


Page 111—Section 223 establishes a new board of federal bureaucrats (the “Health Benefits Advisory Committee”) to dictate the health plans that all individuals must purchase—and would likely require all Americans to subsidize and purchase plans that cover any abortion


Page 211—Section 321 establishes a new government-run health plan that, according to non-partisan actuaries at theHULewin GroupUH, would cause as many as 114 million Americans to lose their existing coverage

Page 225—Section 330 permits—but does not require—Members of Congress to enroll in government-run health care


Page 255—Section 345 includes language requiring verification of income for individuals wishing to receive federal health care subsidies under the bill—while the bill includes a requirement for applicants to verify their citizenship, it does not include a similar requirement to verify applicants’ identity, thus encouraging identity fraud for undocumented immigrants and others wishing to receive taxpayer-subsidized health benefits

Page 297—Section 501 imposes a 2.5 percent tax on all individuals who do not purchase “bureaucrat-approved” health insurance—the tax would apply on individuals with incomes under $250,000, thus breaking a central HUpromiseUH of then-Senator Obama’s presidential campaign

Page 313—Section 512 imposes an 8 percent “tax on jobs” for firms that cannot afford to purchase “bureaucrat-approved” health coverage; according to an HUanalysisUH by Harvard Professor Kate Baicker, such a tax would place millions “at substantial risk of unemployment”—Uwith minority workers losing their jobs at twice the rate of their white counterparts

Page 336—Section 551 imposes additional job-killing taxes, in the form of a half-trillion dollar “surcharge,” more than half of which will hit small businesses; according to a model developed by President Obama’s senior economic advisor, such taxes could cost up to 5.5 million jobs

Page 520—Section 1161 cuts more than $150 billion from Medicare Advantage plans, potentially jeopardizing millions of seniors’ existing coverage

Page 733—Section 1401 establishes a new Center for Comparative Effectiveness Research; the bill includes no provisions preventing the government-run health plan from using such research to deny access to life-saving treatments on cost grounds, similar to Britain’s National Health Service, which denies patient treatments costing more than £35,000

Page 1174—Section 1802(b) includes provisions entitled “TAXES ON CERTAIN INSURANCE POLICIES” to fund comparative effectiveness research, breaking Speaker Pelosi’s promise that “UWe will not be taxing [health] benefits in any bill that passes the HouseU,” and the President’s promise not to raise taxes on families with incomes under $250,000



Republican Response to Democrat Health Care Bill-10/29/09



SenJohnCornyn
Sen. Cornyn's Floor Speech on the Pelosi Health Bill and its Impact on Jobs




John Boehner quoting NTUF blog on the wording of the America's Affordable Health Choices Act

33 comments:

Anonymous said...
This comment has been removed by a blog administrator.
Anonymous said...

Sadly, "doing nothing" is superior to doing a bad thing.

In fact, making no new laws at all is one of the best thing the modern U.S. Government can possibly do.

Chris said...

Great blog. I could use you on my blog. Bruce is going a little wild on it. We are having fun with him though.

Anonymous said...

po po po

Anonymous said...

pomponneo

Unknown said...

Low-cost health care insurance strategies are working good need recent years many years, considering the results of international economic depression unquestionable around the world. Regardless of this, nevertheless, several people are already competent to conserve a great deal in their particular insurance plan bills through obtaining an easily affordable medical health insurance which enables them to continue to be shielded regarding mishaps or even unexpected health problems. There are Forms of Medical insurance Strategies available. You will find several varieties of helath insurance ideas in which people seeking pertaining to low-cost medical insurance program can buy. For instance , managing your health business (The hmo), favored supplier business (PPO), fee-for program, along with place associated with assistance programs (Point of sales). Cheap Health Insurance Quotes are available with all insurance coverage organization these days.

Unknown said...

Inexpensive health care insurance ideas have been around in excellent requirement recent years ages, considering the link between worldwide economic downturn unquestionable globally. Regardless of this, nonetheless, a lot of people are competent to preserve a good deal about their own insurance coverage bills by simply having a cost-effective medical insurance which permits them to continue being shielded regarding damages as well as unpredicted health problems. There are Kinds of Medical insurance Programs available. You'll find 4 forms of medical care insurance strategies in which people searching regarding inexpensive health care insurance strategy can buy. For instance , managing one's overall health business (The hmo), desired supplier firm (PPO), fee-for program, along with stage regarding program ideas (Fea). Cheap Health Insurance Quotes are accessible with all insurance organization in these days.

Unknown said...

Nice ideas on this page. It's rare these days to find sites with data you are seeking. I am delighted I found this page. I will certainly bookmark it or even register for your rss feeds simply to receive your new posts. Sustain the nice job and I'm sure some other people researching valued information can definitely stop by and use your web site for resources.
coughing up blood
Rush Poppers

Michal said...

get kamagra pills online .
Lovegra

kamagra said...

I was very encouraged to find this site. I wanted to thank you for this special read. I definitely savored every little bit of it and I have you bookmarked to check out new stuff you post.

buy kamagra said...

Hey,This is the most readable site,I am glad to read your article.Great article stuff.

E-Cigarette said...

Hello,

just found your blog in the world wide web (really wide :) ). I liked to read it (need to go for now)... and hope you'll keep going. Would like to read more from you. ;)

If you like you can read my blog (about electronic cigarettes) as well.

xanax on line said...

It is better to deal with this subject like you did instead of beating around the bush. I always like direct articles. Good job dude

order viagra said...

hey buddy,this is one of the best posts that I�ve ever seen; you may include some more ideas in the same theme. I�m still waiting for some interesting thoughts from your side in your next post.

Unknown said...

Hello,

Very Nice article has been shared here. it was very nice article has been posted on "Affordable Health Care For America Act?". it was fun reading your this article and also did get lots of good information from here. thanks for sharing such article here. it would be great to see if you can post some information related to Gastric Bypass India here in this article. keep on posting such article.

Thanks,

Anonymous said...

Calgary alarm companies-Calgary home security - 24/7 Safety Options is really a leader in Calgary safety methods Alarm Calgary safety methods, businesses safety alarm Calgary and so on. Our intention to offer safety of one's require for just about any facet.

Anonymous said...

Calgary alarm companies-Calgary home security - 24/7 Safety Options is really a leader in Calgary safety methods Alarm Calgary safety methods, businesses safety alarm Calgary and so on. Our intention to offer safety of one's require for just about any facet.

Anonymous said...

martial arts Calgary-Dynamicmma provides a variety of programs, Grappling, Wrestling, Cage Fighting, Kickboxing Calgary, Mix Martial Arts Calgary, MMA Gyms Calgary & ready to aid you with cannada fof any part of your training.

Anonymous said...

Kitchen cabinets Calgary-Dk Fine Woodwork Options provide to all kind of product to use of home decorating and inside design has pre-made cabinets for the entire house in canada, including the exteriors & interiors, bathrooms, kitchen, living spaces and much more. A complete resource for your Home renovations.

Anonymous said...

balloons Calgary-FANTASY FACES Face Painting & More offers a wide range of services such as Encounter Painting, Balloon Twisting, Airbrush, Henna and Glitter Tattoos. We also offer Costume Character Visits, Balloon grams, Balloon Decorating and Balloon Imprinting in canada. We cater to private, corporate and community events.

Anonymous said...

Garage builders Calgary-Silver Summit is a Calgary garage Building Business in canada specializing in building customized garage which match house or consumer specification.

SEO India said...

I am impressed. I don't think Ive met anyone who knows as much about this subject as you do. You are truly well informed and very intelligent. You wrote something that people could understand and made the subject intriguing for everyone. Really, great blog you have got here.

Web Development India said...

I really appreciate the fact that you took the time out for us. It's pretty nice that you aren't recommending things unless you have attempted to make them work yourself at one point.

Unknown said...

Criminal lawyer calgary-Mr. Gracia is an experienced Criminal Defence Lawyer. He practices criminal regulation exclusively. A previous Crown Prosecutor, he now successfully defends hundreds of customers on the wide array of criminal costs in Calgary, and all through Southern Alberta. Each customer receives powerful and expert illustration. Feel free to browse this informative site for more details about what Mr. Gracia can perform for you personally.

viagra testimonials said...

Thank You a ton for writing such a wonderful piece of information. Keep sharing such ideas in the future as well. This was actually what I was looking for, and I am glad to came here! Thanks for sharing the such information with us.

Anonymous said...

realtors calgary-Calgary Actual Estate Research Calgary house, realtors calgary, purchase house in Calgary & want Condominium for sale Calgary. Call us (403) 512- 0393 for Selling-Buying house in Calgary.

Anonymous said...

Home renovations Calgary-goldenacrerenovations has specializes in kitchen, bath, basement renovation and development in canada. Its deliver ideal options in each and every aspect in accordance your needs.

Maffick said...

anti aging products Paraben free Anti Aging Products for your skin Free shipping, 90 day money back guarantee medically developed antiaging products 877 789 2301 Start loving your skin!

Unknown said...

Masmusculo strong
Buy wholesale Sporternährung, Bodybuildingergänzungen und Protein-Shake Online optimale Ernährung Versand am selben Tag vernünftigen Preis an masmusculo.com.

Robert Smith said...

Interesting topic here, There are really a nice ideas on this blog....

natural skin care said...

Thanks for sharing this useful information with us. I really enjoy your blog....

Unknown said...

holdbar
omsorgsfull
hjelpsom
flink
yndlings

Unknown said...

Suffering from a long term disease and can't find a real solution for the disease by using pills or medicines just try some Home Remedies for that disease. Home remedies are the best way to get rid of any disease. Because home remedies have no side effects and you can take them regularly and treat the disease permanently.

PROGRESSIVISM THAT CAN BE RESPECTED

Republican Leaders in the Senate & House

Senator/ Republican Leader Mitch McConnell's official YouTube channel http://mcconnell.senate.gov The official YouTube channel of Senate Republican Leader Mitch McConnell http://mcconnell.senate.gov/ http://www.youtube.com/user/RepublicanLeader
Senator Jim DeMint's Official YouTube Account Following the November elections in 2006, the senator stood up against big spenders in Congress and stopped over 10,000 wasteful pork projects. Famed Washington journalist Robert Novak called him a "hero."He was recently ranked as the Senate's most conservative member by National Journal and as the No. 1 senator voting for responsible tax and spending policies by the National Taxpayers Union. DeMint understands the greatness of a country is found in its people and values, not in its government http://www.youtube.com/user/SenJimDeMint
Republican Leader of the House, John Boehner House Republican Leader and a staunch opponent of pork-barrel politics, John is fighting to eliminate wasteful spending, create jobs, and balance the federal budget without raising taxes. He has challenged Republicans in the 111th Congress to be not just the party of “opposition,” but the party of better solutions to the challenges facing the American people. Under the new House GOP leadership team John leads, House Republicans have formed “solutions groups” to develop principled alternatives on the issues that matter most to American families and small businesses, and launched the GOP State Solutions project, an initiative aimed at bringing reform-minded Republicans at the state and federal levels together to promote common-sense solutions from outside the Beltway.

"Gone" Barack Obama

Barack Obama Countdown widget brought
to you by www.obamacountdownwidget.com

Tracking