Much of the headlines regard the health care tax football being kicked around between the Senate and House, and whether or not enough support exists to force a government shutdown.
As for myself, I think Republicans would do best by backing off, let the law take effect, then sit back and watch as the Democrat party self-destructs. Because the legislation itself is likely not only the very worst ever written, the public’s yet to really face how much it’s going to cost them. And when the tax bills actually come due is when I think the roof will come off.
Here are a couple of examples of things not fully grasped yet by the tax-paying public
Chris Conover, a Forbes Contributor via Drudge reports that when campaigning the incumbent promised: “In an Obama administration, we’ll lower premiums by up to $2,500 for a typical family per year….. We’ll do it by the end of my first term as President of the United States.”
The truth, however, is that “Unfortunately, the experts working for Medicare’s actuary have (yet again reported that in its first 10 years, Obamacare will boost health spending by “roughly $621 billion” above the amounts Americans would have spent without this misguided law."
Consequently, “Between 2014 and 2022, the increase in national health spending (which the Medicare actuaries specifically attribute to the law) amounts to $7,450 per family of 4.”
And then, CBS DC on-line via Drudge reports that, “Alabamians hoping to find health insurance through a new federally developed insurance marketplace won’t get any details before October, when the insurance options are scheduled to go online.
The U.S. Department of Health and Human Services reports it is working on completing the list of health insurance plans that will be made public Oct. 1, when people can begin signing up for coverage that will start Jan. 1. That gives the uninsured a three-month window to comply with the Affordable Care Act’s mandate for individuals to have health insurance by Jan. 1 or face penalties at tax time in April.”
Now, it seems to me in view of the preceding articles, what everyone seems to be missing is how the world’s changed for most tax-paying citizens. Because in the past, most individuals prepared their taxes either by themselves, or with the help of professionals. Then they filed their forms, paying amounts owed or getting refunds. However, I doubt there was very much discussion with others about these kinds of private matters.
Today, though, there is the internet, Facebook, Twitter, as well as all kinds of websites with all kinds of information, with the media also providing detailed information about how folks can group together on common causes.
And that’s why I think that if the tax law is left alone to enact without changes, the public will certainly know it’s the Dems' that caused it. And then, they’ll form larger groups that can communicate and rebel together, forcing the IRS to deal with an insurmountable collection problem, which will likely lead to a restructuring, repeal or major adjustment of the legislation.
However, for Republicans the benefits will be greater than that, because for years to come folks will remember what was done to them by the Democrats, taking their revenge out at the polls all over the nation every chance they get.
That’s it for today folks.
Adios
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