OBAMATAX: 75% of Obamacare Costs Will Fall on the Backs of those Americans making less than $120,000 a Year … So Much for Obama’s no Tax on Families Making Less than $250K (VIDEO)

 

Barack Obama, read my lips no new taxes on families making under $250,000 …

Stephen Moore, Senior Economics Writer with the Wall Street Journal, told FOX and Friends Friday that nearly 75% of Obamacare costs will fall on the backs of those Americans making less than $120,000 a year. Democrats want to call it a penalty on freeloaders. But what if some one chose not to buy insurance and paid for their medical bills out of pocket? However, it was the US Supreme Court who ruled that Obamacare was Constitutional as a tax.

What happened to Barack Obama’s promise that he would not raise taxes on families making over $250,000? That would seem to have been an Obama broken promise and a lie to “We the People”. White House Chief of staff Lew tried his best to lie his way through the difficult task of saying that Obamacare was not a tax. However, it is pretty difficult when Obama’s own solicitor general argued before the Supreme Court it was one, and it was ruled Constitutional only because of Congress’s ability to tax.

From the non-partisan CBO, Congressional Budget Office, that Obama loved to quote when discussing the benefits and costs of Obamacare, comes the following analysis that no one in the Obama administration wants to address.Not to mention, who oversees Obamacare to see whether individuals have bought healthcare, the IRS of course. If it looks, walks and talks like a tax, its a tax.

Obama promises to not raise any taxes on families making under $250,000

Good luck defending this tax increase in the 2012 elections when people are out of work, losing their homes and are struggling. This tax increase will affect families and businesses. How could a tax increase create job growth? So why can’t Democrats call Obamacare for what it actually is, a tax? When have Democrats ever been ashamed of raising taxes?



If you liked this post, you may also like these:

  • Republican Weekly Address: We Will Repeal Obama’s So-Called Healthcare Law Better known as a Massive ObamaTax (VIDEO)
  • THE LYING KING: Barack Obama & Democrats Lied to Americans that Obamacare Was not a Tax … Then Obama Marched His Attorney’s to the SCOTUS and Argued Obamacare was a Tax
  • Mitt Romney Voices His Disagreement with SCOTUS Decision on Obamacare (ObamaTax) … 21 Tax Increases in the Health Care Law Costing more than $675 Billion … “To Get Rid of Obamacare, We Have to get Rid of Obama” (VIDEO)
  • What Sequestration … BP Joe Biden to Take Third Vacation of the Year
  • The Ever Changing Obama Tax Threshold ($250,000? $200,000? $150,000) … How Low Will it Go and include All?




  • Comments

    8 Responses to “OBAMATAX: 75% of Obamacare Costs Will Fall on the Backs of those Americans making less than $120,000 a Year … So Much for Obama’s no Tax on Families Making Less than $250K (VIDEO)”

    1. A Texas Grandfather on July 2nd, 2012 9:40 am

      I watched the interview with Mr. Lew as it took place. I kept looking for the body signals that indicated he knew he was lying. He is very good at concealment. While he didn’t fool those that are aware, he could fool many.

      This whole Affordable Care Act was never about providing real health care for the people. It was always about taxing and controling the people and the delivery of health care. It is and always was a method of socialist takeover. It must be repealed as soon as possible.

    2. PublicEnemy2u on July 2nd, 2012 11:07 am

      this is a no brainer, even for this site… a tax credit for those making less than 250k and a tax increase for billionares and multi-millionaires, you might not like it to be so easy but it is… except for the party of NO,

    3. rightknight on July 2nd, 2012 4:42 pm

      This Soetoro Regime is nothing more than a bunch
      of Public Employees that have decided to mutiny.
      The attempt is to reduce the population to responsive
      slaves whilst the ‘Regime’ lives like kings. Drastically
      ‘Un-American’ and reeks of Marxism. The concentration
      of Government Power is NOT a good thing…..ever!

    4. Tamikosmom on July 2nd, 2012 6:42 pm

      Tax or penalty? Romney, others still honing message on ObamaCare fine
      Published July 02, 2012

      The Romney campaign attempted Monday to clarify the candidate’s position on what consequence Americans will face for failing to buy health insurance under the Affordable Care Act, saying the candidate considers the fine an “unconstitutional penalty” rather than a tax.

      The campaign took the position despite efforts by some Republicans to label the controversial fine a tax — after the Supreme Court took that position in its ruling last week upholding the law.

      Read More:
      http://www.foxnews.com/politics/2012/07/02/romney-others-still-honing-message-on-obamacare-tax-or-penalty/

      Read more: http://www.foxnews.com/politics/2012/07/02/romney-others-still-honing-message-on-obamacare-tax-or-penalty/#ixzz1zVqNJfwx

    5. Tamikosmom on July 2nd, 2012 8:09 pm

      Rep. Allen West: ‘Life, Liberty & Pursuit of Happiness Got Struck Down’ by Supreme Court
      June 28, 2012

      … But West also said that the Supreme Court ruling Thursday upholding Obamacare and the individual mandate as a tax on people was a “dangerous precedent” that gives the government unwarranted power

      “Now we have a federal government that has unlimited taxing authority and power based upon the precedent that was just established by the Supreme Court,” West said, “So that if I want to tell you that all runners in the United States of America must buy New Balance running shoes and if you don’t buy New Balance running shoes, I’ll tax you for it.”

      West said that there is now literally “nothing that the government cannot do” by imposing a tax.

      Read More:
      http://cnsnews.com/news/article/rep-allen-west-life-liberty-pursuit-happiness-got-struck-down-supreme-court

    6. Moi on July 2nd, 2012 9:43 pm

      Is there anyone out there who doesn’t drink Koolaid for breakfast, lunch, and dinner who believes anything that comes out of Zero’s mouth? Friend of ours today said Obamacare needs to have it’s title changed to ObamaDoesn’tCare. I like it. Close to the truth as anything I’ve heard.

    7. PublicEnemy2u on July 3rd, 2012 8:41 am

      I like this version better:
      This Wall Street cabel is nothing more than a bunch of Anti-Public Employees silver spooners that have decided to mutiny. The Anti-Public employees attempt is to reduce the population to responsive slaves whilst the ‘Corporate Regime’ lives like kings. Drastically ‘Un-American’ and reeks of Capitalism. The concentration of wealth is NOT a good thing…..ever!

    8. super dave on July 3rd, 2012 3:31 pm

      PUBLIC : as Thomas Jefferson wrote, when you take away from those who work and give to those who don’t, democracy ceases to exist. looks like your party doesn’t really want a democracy but a dictatorship. it’s hard for me to believe that you guys still can’t separate yourselves from the democrat plantation. capitalism breeds jobs, obamanism kills them.

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