robbing the middle class to pay the insurance premiums.. SCOTUS will decide..

[healthmyths]

Where Does the Money Come From?
Besides the Individual Mandate penalty/tax, there are numerous NEW or INCREASED taxes and fees to fund all that is required by this law.

• +.9% Increase in Medicare Tax Rate (plus next item…) this means your paycheck will be less !
• 3.8% New Tax on unearned income for high-income taxpayers= $210.2 billion ($200,000 for individual and $250,000 for joint filers) (Hey... these people will continue to move money offshore!)

• New Annual Fee on health insurance providers = $60 billion (For calculation - Sec 9010 (b) of the PPACA.)[1] (Wow... another way of saying "INCREASE HEALTH INSURANCE PREMIUMS)
• 40% New Tax on health insurance policies which cost more than $10,200 for an individual or $27,500 for a family, per year = $32 billion (inland tax as opposed to an importation tax) Who pays this???
• New Annual Fee on manufacturers and importers of branded drugs = $27 billion (For calculation - Sec 9008 (b) of the PPACA)[2] Who pays this???
• 2.3% New Tax on manufacturers and importers of certain medical devices = $20 billion
• +2.5% Increase (7.5% to 10%) in the Adjusted Gross Income floor on medical expenses deduction = $15.2 billion If you are a senior or retired,your floor has been raised! Won't be able to deduct as much!

• Limit annual contributions to $2,500 on flexible spending arrangements in cafeteria plans (plans that allow employees to choose between different types of benefits) = $13 billion (Once again idiots who's ONLY solution is to raise taxes! there is an estimated $22.8 billion held in HSA accounts amongst 11.8 million HSA accounts. If you have one of the 11.8 million accounts see it reduced. Health savings account - Wikipedia the free encyclopedia

• All other revenue sources = $14.9 billion
  • 10% New Tax imposed on each individual for whom “indoor tanning services” are performed. Now guess what folks this is such a BIG BIG deal!!! All the while the lawyers including Obama laughing all the way to the bank on the $270 BILLION that could be taxed at 10% like tanning salons and would simply without ANY other changes paid the premiums for the truly 4 million that are uninsured....while at the same time REDUCING the FACT of the wasted $850 billion that 90% of doctors attest they bill insurance/medicare for DEFENSIVE MEDICINE! YES AND if this wasted $850 billion were reduced by 20% the majority of it would have gone to reduce premiums! But most ignorant idiots don't think that far and obviously you all want to protect Lawyers right???

• • 3.8% New Tax on investment income. Includes: gross income from interest, dividends, royalties, rents, and net capital gains. Investment income does not include interest on tax-exempt bonds, veterans’ benefits, excluded gain from the sale of a principle residence, distributions from retirement plans, or amounts subject to self-employment taxes. (The lesser of net investment income or the excess of modified Adjusted Gross Income over a the dollar amount at which the highest income tax bracket, typically $250,000 for married filing jointly and $200,000 filing as an individual).

Obamacare s Funding Where the money comes from and where it goes Align America

So will there be $210 billion in tax revenue from those "wealthy high-income " that will be used to reduce premiums on subsidized policies? NOPE!
And here is one of several reasons WHY the USA will NOT see that $210 billion......


Still, the newly published names of individuals who renounced their U.S. citizenship or terminated long-term U.S. residency is up, with 576 for the quarter and 1,577 so far this year. The growing trend is a sad one, with record numbers of Americans renouncing their U.S. citizenship.

The tally was 2,999 for all of 2013, a 221% increase over the 932 who left in 2012. The Treasury Department is required to publish a quarterly list, a kind of public outing putting Americans on notice of who relinquished their rights. Consular expatriations, where people don’t file exit tax forms with the IRS, are apparently not counted.
Many Americans Renounce Citizenship Hitting New Record - Forbes