CBO Says Obamacare Will Shrink The Deficit: Where's the kudos from the Right?

Discussion in 'Healthcare/Insurance/Govt Healthcare' started by ConservaDerrps, Jul 25, 2012.

  1. ConservaDerrps
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    ConservaDerrps BANNED

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  2. Stephanie
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    Stephanie Diamond Member Supporting Member

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    yeah, where are you fools who believe this?
     
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  3. RDD_1210
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    RDD_1210 Forms his own opinions

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    This must be one of those instances where the "CBO is a left wing partisan group"
     
  4. RDD_1210
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    RDD_1210 Forms his own opinions

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    Speaking of fools. How much are YOUR taxes going up because of Obamacare?

    I'll try to contain my laughter while I wait for your detailed response. :eusa_silenced:
     
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  5. Norman
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    Norman Gold Member

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    Yeah, increasing taxes and reducing some of the spending does decrease the deficit. Most of this could have been done independent of the other portions of the bill though.

    However we have to remember that this also relies on current predictions. A lot of people may shelve their insurance knowing fully well that they can get one if they ever get sick. That will also increase the cost of insurance making even more people take the same route.

    Even though what I presented would make economic sense for many, we will se what actually happens. It's quite hard to predict.
     
  6. Katzndogz
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    Katzndogz Diamond Member

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    Uh huh

    CBO to employers: Obamacare has $4B more in taxes than expected | WashingtonExaminer.com

    Business owners will pay $4 billion more in taxes under President Obama’s Affordable Care Act (ACA) than the Congressional Budget Office had previously expected.

    “According to the updated estimates, the amount of deficit reduction from penalty payments and other effects on tax revenues under the ACA will be $5 billion more than previously estimated,” the CBO reported today. “That change primarily effects a $4 billion increase in collections from such payments by employers, a $1 billion increase in such payments by individuals, and an increase of less than $500 million in tax revenues stemming from a small reduction in employment-based coverage, which will lead to a larger share of total compensation taking the form of taxable wages and salaries and a smaller share taking the form of nontaxable health benefits.”

    In short, CBO revised the Obamacare tax burden upward by $4 billion for businesses and $1 billion to $1.5 billion for individual workers.
     
  7. Oddball
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    Oddball BANNED Supporting Member

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    And, of course, they score it statically, purposefully overlooking the fact that when you tax something you get less of it.
     
  8. Stephanie
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    Stephanie Diamond Member Supporting Member

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    you people were duped..how does it feel?
     
  9. California Girl
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    California Girl BANNED

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    If you believe the CBO, that's your issue. Got nothing to do with skin color. But you're a racist so everything is about color to you.
     
  10. RDD_1210
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    RDD_1210 Forms his own opinions

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    Baaaah, says the Sheep who "knows" her taxes are going up but just can't quite say how much. Duped!
     

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