- Sep 19, 2011
- 28,405
- 9,983
- 900
There are 1,300 health insurance companies THAT gasp... MAKE EVIL profits!!!
From these evil profits AFTER paying out 80% of income in claims.
With the remaining 20% these companies pay:
1) matching payroll taxes (SS/Medicare) for 400,000 employees that Obama wants to put out of work.
2) Buys computers, supplies, rent, i.e. increases the GDP.
3) Finally after deducting 16% in salaries, bonuses,etc. of the remaining 4% or profits..
Pays TAXES on the profits. (Part of the $100 billion companies pay in taxes)
Invests in building reserves.
Pays DIVIDENDS.
Out of the DIVIDENDS paid out to shareholders, SHAREHOLDERS PAY TAXES AGAIN on the dividends!
And Obama's plan is to destroy this $100 billion tax generator, 400,000 employees businesses.
And proof?
Obama has said:"I happen to be a proponent of a single payer universal health care program."
Obama's words exactly!!
This is what Obamacare is all about!
Proof that Obamacare is doing what Obama wants?
FACTS it is starting:
"At a February conference in Las Vegas, Aetna president Mark Bertolini told a crowd of thousands that
the end of insurance companies, the way weve run the business in the past, is here.
The End of Private Health Insurance In America - Forbes
From these evil profits AFTER paying out 80% of income in claims.
With the remaining 20% these companies pay:
1) matching payroll taxes (SS/Medicare) for 400,000 employees that Obama wants to put out of work.
2) Buys computers, supplies, rent, i.e. increases the GDP.
3) Finally after deducting 16% in salaries, bonuses,etc. of the remaining 4% or profits..
Pays TAXES on the profits. (Part of the $100 billion companies pay in taxes)
Invests in building reserves.
Pays DIVIDENDS.
Out of the DIVIDENDS paid out to shareholders, SHAREHOLDERS PAY TAXES AGAIN on the dividends!
And Obama's plan is to destroy this $100 billion tax generator, 400,000 employees businesses.
And proof?
Obama has said:"I happen to be a proponent of a single payer universal health care program."
Obama's words exactly!!
This is what Obamacare is all about!
Proof that Obamacare is doing what Obama wants?
FACTS it is starting:
"At a February conference in Las Vegas, Aetna president Mark Bertolini told a crowd of thousands that
the end of insurance companies, the way weve run the business in the past, is here.
The End of Private Health Insurance In America - Forbes
