How much new taxes will I pay under the Patient Affordable Care Act?

[LordBrownTrout]

Three new taxes will affect my company directly. To offset, we will layoff 4-6 employees to avoid absorbing the extra costs.

Hmm. Doing exactly the OPPOSITE of many "conservatives" here are saying you would do.

Interesting.

Its not interesting. Its taking the necessary steps to move the company forward while absorbing the new taxes and keeping steady growth.

 

[chikenwing]

That's the beauty of the ACA. It's free.

No hope here,there is NOTHING that is free!!

 

[chikenwing]

Creates Health Insurance Exchanges to Increase Bargaining Power and Reduce Administrative Costs
Status Quo: Small Businesses Have Little Bargaining Power, Face High Administrative Costs. Currently, small businesses face not only premiums that are 18 percent higher than large businesses pay, but also face higher administrative costs to set up and maintain a health plan. The premiums they pay have 3 to 4 times as much administrative cost built into them as plans in the large group market. They are also at a disadvantage in negotiating with insurance companies because they lack bargaining power.
Solution: Health Insurance Exchanges will Provide More Choice, Lower Prices, and Greater Bargaining Power for Firms with up to 100 Employees. Health reform will change this dynamic. Starting by 2014, firms with 100 or fewer workers will be able pool their buying power and reduce administrative costs by purchasing insurance through an exchange. According to CBO, coverage that small businesses purchased through an exchange “would have lower administrative costs, on average, than the policies those firms would buy under current law, particularly for very small firms.”
Ends Price Discrimination against Small Businesses with Sick Workers
Status Quo: Small Businesses with Sick Worker Face Higher Prices, Sudden Price Increases. Currently, small businesses with just one sick worker can face significantly higher premiums, and having a worker fall ill can lead to a precipitous price increase -- raising premiums just when insurance is needed most.
Solution: Ending Price Discrimination Based on Illness. Health reform will end this price discrimination. Starting in 2014, “community rating” rules will prohibit insurers from charging more to cover small businesses with sicker workers or raising rates when someone gets sick.
Increases Health Care Security to Unlock Entrepreneurship
Status Quo: Health Insurance Insecurity Creates “Job Lock,” which Inhibits Entrepreneurship. Our current health care system inhibits entrepreneurship and small business formation by locking workers -- especially those with families or with any sort of health problem --into jobs at large firms that offer family coverage and have a big enough risk pool to absorb the cost of covering pre-existing conditions. This “job lock” causes many workers to stay at large firms even if they would be more productive working at a small business or becoming an entrepreneur.
Solution: Health Security Empowers Entrepreneurship. By providing health security for every American and eliminating exclusions for pre-existing conditions and price discrimination against those who are sick, health reform will make it easier for small businesses to attract the best workers and easier for entrepreneurs to strike out on their own.
Reduces the Hidden Tax on Small Business Employees with Health Insurance
Status Quo: Hidden Tax Adds $1,000 to Every Premium. Currently, the cost of treating the uninsured adds a “hidden tax” of over $1,000 to every health care premium.
Solution: Reduce Hidden Tax by Dramatically Expanding Coverage. Health reform will significantly reduce this tax by covering an additional 32 million additional Americans by 2019.
Reduces Premiums in the Small Group Market.
Status Quo: Higher Premiums Mean Coverage Is Unaffordable for Small Businesses. In a recent national survey, nearly three-quarters of small businesses that did not offer benefits cited high premiums as the reason.
Solution: Health Reform Will Lower Costs, Making Coverage More Affordable. Taken together, the measures described above will significantly reduce premiums for small businesses. According to CBO, health reform will reduce the cost of a given plan in the small group market by 1-4 percent by 2016.

Six Ways Health Reform will Help Small Businesses | The White House

Whats significant?? not once as anyone put a real dollar amount,we here things like should,might,in the long run it will be less platitudes like that,mean nothing.

Our insurance perimiums for 1 healthy adult ,me 10k a year,own small business,its unaffordable,how will this significantly reduce costs and how much.

If a real amount can't be put forth then it all BULL SHIT!

 

[chikenwing]

Three new taxes will affect my company directly. To offset, we will layoff 4-6 employees to avoid absorbing the extra costs.

Hmm. Doing exactly the OPPOSITE of many "conservatives" here are saying you would do.

Interesting.

Its not interesting. Its taking the necessary steps to move the company forward while absorbing the new taxes and keeping steady growth.

Who would you like to be employee # 51 or 52 in a small company, you think you job will be safe?


Or a firm that has 45-49 employees,going to make expanding kinda hard.

 

[Quantum Windbag]

The right claims I will pay more taxes under the the Patient Affordable Care Act. So far they've failed to show me one I'd actually have to pay.

My wife and I file joint income of just over 100k. We have health insurance. We don't use tanning beds.

So which new taxes will I pay?

In other words, you are so stupid that I think you are exempt from taxes.

Medicare taxes will go up by 0.9%

If you have investments you will be charged a Medicare tax of 3.8% if your adjusted gross income exceeds $250,000. (Hint, don't sell your house.)

Do you have an FSA? If so you it will be capped at $2,500.

Itemized medical deductions will require a higher threshold, which will increase your taxes unless you are an idiot that doesn't itemize.

What ObamaCare Means for Your Taxes - SmartMoney.com

 

[bigrebnc1775]

The right claims I will pay more taxes under the the Patient Affordable Care Act. So far they've failed to show me one I'd actually have to pay.

My wife and I file joint income of just over 100k. We have health insurance. We don't use tanning beds.

So which new taxes will I pay?

In other words, you are so stupid that I think you are exempt from taxes.

Medicare taxes will go up by 0.9%

If you have investments you will be charged a Medicare tax of 3.8% if your adjusted gross income exceeds $250,000. (Hint, don't sell your house.)

Do you have an FSA? If so you it will be capped at $2,500.

Itemized medical deductions will require a higher threshold, which will increase your taxes unless you are an idiot that doesn't itemize.

What ObamaCare Means for Your Taxes - SmartMoney.com

Youwhoooooo

Americans for Tax Reform : Comprehensive List of Tax Hikes in Obamacare

 

[bigrebnc1775]

What does the Supreme Court's health-care ruling mean for me? - The Washington Post

 

[Katzndogz]

The top ten most expensive taxes in obamatax

The Top 10 Most Expensive Obamacare Taxes and Fees

Notice that "high income" gets significantly lower as long as the obamatax is in effect. The so-called ‘high-income’ thresholds will have effectively ratcheted down to $152,000 and $190,000 in today’s dollars

 

[Jackson]

The right claims I will pay more taxes under the the Patient Affordable Care Act. So far they've failed to show me one I'd actually have to pay.

My wife and I file joint income of just over 100k. We have health insurance. We don't use tanning beds.

So which new taxes will I pay?

over 2k

 

[Pho_King]

Bunch of damn Eeyores on this site. Obamacash is comin, either in the form of a check, lower taxes, or more bang for the buck. That's why it's called the AFFORDABLE Care Act.

 

[Luddly Neddite]

The right claims I will pay more taxes under the the Patient Affordable Care Act. So far they've failed to show me one I'd actually have to pay.

My wife and I file joint income of just over 100k. We have health insurance. We don't use tanning beds.

So which new taxes will I pay?

Figured mine, $0.00! I guess the righties are up in arms because they've been freeloading so far. They'll try to tell you it's the principle of the thing, but we know what that's code for.

Me too. Only 2% will pay any tax and then it will be about one percent of your income.

Nutter rw's refuse to educate themselves and instead, rely on fux for their Lies du Jour.

 

[Greenbeard]

Sometime in 2020:

AIDE: Congratulations on your election, Governor!

GOVERNOR: Thank you. So...this is Day One. Whattya got for me?

AIDE: Er...bad news, sir. Six years ago, our great state enrolled an additional three million people in Medicaid. The extra cost was subsidized by the federal government under Obama. Remember him?

GOVERNOR: And?

AIDE: Well, that subsidy has gone away, but the three million people have not.

GOVERNOR: So all that cost is now ours?

AIDE: Yes. And we don't have it. This is an extinction event. We have a state constitution which requires a balanced budget.

Perhaps the governor should find a new aide--one familiar with the law. The FMAP for the expansion population is 90% in perpetuity.

No state ever pays more than 10 cents on the dollar for the medical costs of any Medicaid beneficiary who became eligible under the ACA. The feds are responsible for 90 percent of those costs forever (after the initial phase-in period where the feds pay a higher percentage than that).

 

[Luddly Neddite]

Oh those pesky little facts ...

 

[bigrebnc1775]

Oh those pesky little facts ...

Yes those pesky little facts
Americans for Tax Reform : Comprehensive List of Tax Hikes in Obamacare

What does the Supreme Court's health-care ruling mean for me? - The Washington Post

 

[Quantum Windbag]

Sometime in 2020:

AIDE: Congratulations on your election, Governor!

GOVERNOR: Thank you. So...this is Day One. Whattya got for me?

AIDE: Er...bad news, sir. Six years ago, our great state enrolled an additional three million people in Medicaid. The extra cost was subsidized by the federal government under Obama. Remember him?

GOVERNOR: And?

AIDE: Well, that subsidy has gone away, but the three million people have not.

GOVERNOR: So all that cost is now ours?

AIDE: Yes. And we don't have it. This is an extinction event. We have a state constitution which requires a balanced budget.

Perhaps the governor should find a new aide--one familiar with the law. The FMAP for the expansion population is 90% in perpetuity.

No state ever pays more than 10 cents on the dollar for the medical costs of any Medicaid beneficiary who became eligible under the ACA. The feds are responsible for 90 percent of those costs forever (after the initial phase-in period where the feds pay a higher percentage than that).

What if Congress cuts funding? Or are you still living in the delusion that anything passed last year is binding on future Congresses? You do know that the Constitution specifically prohibits any allocation of money for more than tow years, don't you?

 

[OohPooPahDoo]

The right claims I will pay more taxes under the the Patient Affordable Care Act. So far they've failed to show me one I'd actually have to pay.

My wife and I file joint income of just over 100k. We have health insurance. We don't use tanning beds.

So which new taxes will I pay?

Americans for Tax Reform : Comprehensive List of Tax Hikes in Obamacare

I didn't ask for a comprehensive list. I want to know what new taxes I - a person with health care - will be responsible for paying out my account. Its a pretty simple question - just tell me what new amounts will be added to "total tax owed" on my 1040.

 

[OohPooPahDoo]

So you will certainly see your taxes go up.

By how much?

None. This debacle gets repealed in January.

That's not necessary, as its getting overturned in June, remember?

 

[OohPooPahDoo]

One other giant lie of omission from Obama:

ObamaCare is actually at least three acts of legislation. The ACA was just one part of several moving parts. And Obama was only speaking of the ACA when he said "not one dime".

He left out that the other moving parts are going to cost you.

How much?

 

[OohPooPahDoo]

Three new taxes will affect my company directly. To offset, we will layoff 4-6 employees to avoid absorbing the extra costs.

??? How does that answer my question at all? Do you know what words mean? I asked how much new tax I would pay. Now you confuse yourself with me? Wow.

 

[Rozman]

By the time the Libs figured out they'd been had
Michelle and Barack will be living in their villa
on the French Riviera.