The Liar’s Tax

By Alan Caruba | June 30, 2012 | Canada Free Press

It is a liar’s tax. It is a liar’s penalty. It is a liar’s plan to further bankrupt the nation

The most singular aspect of Obamacare is the way Democrats, from the President on down, consistently lied about the fact that it was a tax. Interviewed by George Stephanopolos on ABC News, September 2009, Obama was asked if he rejected the criticism that it was a tax increase. “I absolutely reject that notion,” was his reply.

No need to quote the others. They all lied. It took the Supreme Court and, in particular, Chief Justice Roberts, to call Obamacare a tax in the process of eliminating the Commerce Clause of the Constitution as a justification for imposing this burden on Americans.

As CNBC’s Larry Kudlow was quick to note, “Twenty new or higher taxes across the board are bad for economic growth, bad for job hiring, bad for investors, and bad for families,” adding that when “you tax something more, you get less of it.”

Most Americans have been repeatedly told that Obamacare would ensure more care for more people, but the fact is, with or without health insurance, Americans receive health care, even if the hospital emergency room is their last resort, even if they are homeless, and even if they have no way to pay for it.

The multi-millionaire former Speaker of the House, Nancy Pelosi, who told Americans that we would have to wait to know what was in Obamacare until after it was passed, reacted to the Supreme Court decision saying, “Call it what you will.” That is the equivalent of “Let them eat cake”, Marie Antoinette’s famed statement before the enraged citizens of France separated her head from her body.

Obamacare just became the single most important element of the November 6th national elections, followed by the economy. Both stink! Both are the direct result of Obama’s declared intention to “fundamentally transform America.” If he had even a schoolchild’s grasp of American history, he would know that Americans hate taxes. They declared their independence from England over the issue of taxation without representation.

What will emerge in the months between now and the elections is the fact that the Congressional Budget Office has projected that the implementation of Obamacare will cost $1.76 trillion over a decade, an increase of $820 billion over the initial estimate when it was first signed into law. A nation already $17 trillion in debt can hardly welcome such news, nor absorb such costs.

For most Americans, though, the realization that Obamacare contains twenty-one new taxes will likely tip the scales in November to the Republican candidate, Mitt Romney, who has promised to begin the repeal of the law the first day he takes office. Yes, it is an irony that he introduced Romneycare in Massachusetts when he was Governor there, but that is not going to affect the outcome of the election.

Among the many new taxes buried in the 2000-plus pages of Obamacare, there’s a 2.3% excise tax on U.S. sales of medical devices that observers believe would prove to be a $20 billion blow to an industry that employs an estimated 400,000.

There’s a 3.6% surtax on investment income from capital gains and dividends on those earning more than $250,000.

Obamacare imposes a $50,000 excise tax on charitable hospitals that fail to meet new “community health assessment needs”, whatever they are.

There’s a $2.6 billion-a-year tax on drug companies. A 10% excise tax on indoor tanning salons. An $87 billion hike in Medicare payroll taxes for employees, as well as the self-employed.

Between now and November voters are going to be reminded that Obama promised to fix the economy and then spent the first two years getting Obamacare through Congress. No Republican voted for it and, in 2010, voters replaced some sixty representatives and senators with Republicans.

Obama promised to create jobs. Instead he gave us a multi-billion “stimulus” that utterly failed. He promised to cut the deficit in half. And he promised that Americans could keep their current health insurance plans. The Congressional Budget Office estimates that as many as twenty million will lose theirs.

Lies! Lies! Lies!

In a thoughtful analysis of Obamacare, two senior fellows at Stanford University’s Hoover Institution were joined by the dean of the Columbia Business School who concluded that “In upholding the Affordable Care Act, the Supreme Court has allowed the President and Congress to put the country’s health policy on a path that will restrict individual choices, stifle innovation and sharply increase health-care costs.”

As that sinks in, the November elections will end the tyranny of Barack Obama and his minions in Congress. If you wonder what will replace it, just ask Congressman Paul Ryan (R-WIS) who has a plan in place to reform Medicare and Medicaid. If you haven’t heard much about it, you can thank the mainstream media and its slavish adoration of the President.

It is a liar’s tax. It is a liar’s penalty. It is a liar’s plan to further bankrupt the nation.

© Alan Caruba, 2012

View the original article here.

Trackbacks

  1. […] The Liar’s Tax (johnmalcolm.me) Share this:MoreLike this:LikeBe the first to like this. Filed Under: Progressivism, Uncategorized « Romania’s 20-Year Nightmare: Unraveling Socialized Health Care […]

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Of Dust & Kings

Empowering Faith. Transforming Culture.

Watts Up With That?

The world's most viewed site on global warming and climate change

Blasted Fools

During times of universal deceit, telling the truth becomes a revolutionary act - George Orwell

A TowDog

Conservative ramblings from a two-job workin' Navy Reservist Seabee (now Ret)

Oyia Brown

A WordPress site to share a smile; then an anthology showing how things really are.

Village of the Banned

A Voting American Site

The Grey Enigma

Help is not coming. Neither is permisson. - https://twitter.com/Grey_Enigma

The Daily Cheese.

news politics conspiracy world affairs

twitchy.com

Who Said What

A Design for Life

Scribblings of a twenty-something politically and socially-minded nomad

SOVEREIGN to SERF

Sovereign Serf Sayles

The Neosecularist

I Said That? Yeah, I Said That!

danmillerinpanama

Dan Miller's blog

TrueblueNZ

By Redbaiter- in the leftist's lexicon, the lowest of the low.

Secular Morality

Taking Pride in Humanity

WEB OF DEBT BLOG

ARTICLES IN THE NEWS . . . . . . . . . . . . . . . . COMMENTS, FEEDBACK, IDEAS

DumpDC

It's Secession Or Slavery. Choose One. There Is No Third Choice.

Video Rebel's Blog

Just another WordPress.com site

%d bloggers like this: