healthmyths
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- Sep 19, 2011
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The below chart shows the largest single deduction from Taxable Income is the $248 billion in 2013 paid by employers for employees' health insurance.
And Obama says that this $248 billionis his!
This is what Obamacare is after and what Gruber said the "stupidity of the American Voter" allowed to happen when ACA was passed.
He says if employers weren't provided this tax deduction there would be an additional $248 billion a year in federal revenue...to pay for the truly 4 million uninsured and not the phony 46 million!
And so recognizing the stupidity of the American voter, Obama,Gruber,et.al. are going after this with ACA.
In their elitists' minds they think they can run your health care better.
They want to take over the employer sponsored plans.
In 2000, approximately 170.5 million Americans were enrolled in Employer-Sponsored health Insurance
(ESI) or 1 out of every 2 Americans.
Number of Americans Obtaining Health Insurance Through an Employer Declines Steadily Since 2000 - Robert Wood Johnson Foundation
Obama wants to eliminate this entirely so as the government can keep the $248 billion that is deducted from employers' federal income taxes.
NOTE the operative words in the below title:..."Major Tax Expenditures".
The government says WE AMERICANS have NO income! It is the government's.
The government ALLOWS these deductions (Expenditures--tax loopholes to the stupid..) and as such the government isn't getting enough of THE GOVERNMENT'S MONEY...hence the target is the $248 billion, the largest single "expenditure" the government allows American tax paying employers to take off their taxes.
Do you understand?
Government accounting considers ALL INCOME their INCOME... and they let
US keep some of it by allowing us to DEDUCT Expenditures...tax deductions.
Pure and simple a grab from our pockets.
So for all you idiots that blame big corporations for "HUGE TAX LOOPHOLES"???
Here is the biggest and it benefits YOU idiots that work for employers who have taken these deductions.
Where will you idiots go to get your insurance then?
Government exchanges will give some of you subsidies that will depend on eliminating the $248 billion deduction.
What an absolute WASTE! What an absolute circle jerk!
Thanks to the "Stupidity of the American Voter"!!!
https://www.cbo.gov/sites/default/files/43768_DistributionTaxExpenditures.pdf
And Obama says that this $248 billionis his!
This is what Obamacare is after and what Gruber said the "stupidity of the American Voter" allowed to happen when ACA was passed.
He says if employers weren't provided this tax deduction there would be an additional $248 billion a year in federal revenue...to pay for the truly 4 million uninsured and not the phony 46 million!
And so recognizing the stupidity of the American voter, Obama,Gruber,et.al. are going after this with ACA.
In their elitists' minds they think they can run your health care better.
They want to take over the employer sponsored plans.
In 2000, approximately 170.5 million Americans were enrolled in Employer-Sponsored health Insurance
(ESI) or 1 out of every 2 Americans.
Number of Americans Obtaining Health Insurance Through an Employer Declines Steadily Since 2000 - Robert Wood Johnson Foundation
Obama wants to eliminate this entirely so as the government can keep the $248 billion that is deducted from employers' federal income taxes.
NOTE the operative words in the below title:..."Major Tax Expenditures".
The government says WE AMERICANS have NO income! It is the government's.
The government ALLOWS these deductions (Expenditures--tax loopholes to the stupid..) and as such the government isn't getting enough of THE GOVERNMENT'S MONEY...hence the target is the $248 billion, the largest single "expenditure" the government allows American tax paying employers to take off their taxes.
Do you understand?
Government accounting considers ALL INCOME their INCOME... and they let
US keep some of it by allowing us to DEDUCT Expenditures...tax deductions.
Pure and simple a grab from our pockets.
So for all you idiots that blame big corporations for "HUGE TAX LOOPHOLES"???
Here is the biggest and it benefits YOU idiots that work for employers who have taken these deductions.
Where will you idiots go to get your insurance then?
Government exchanges will give some of you subsidies that will depend on eliminating the $248 billion deduction.
What an absolute WASTE! What an absolute circle jerk!
Thanks to the "Stupidity of the American Voter"!!!
https://www.cbo.gov/sites/default/files/43768_DistributionTaxExpenditures.pdf