Quote:
Originally Posted by vrblackwell
Obama wants to double income taxes.
How do you think they would fund their socialized hospitalization they are wanting?
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First, Obama will not double income taxes, I’ve reviewed his plan. If you can demonstrate how this is so by providing sources, I’ll be glad to review them.
But let’s assume Obama will double income taxes. When I worked in the private sector I paid nearly $272.00 a month in Federal income taxes. In addition to this I paid about $460.00 as my health insurance premium. That’s a grand total of $732.00 a month just in taxes and health insurance premiums. Now…let’s assume Obama doubles my income taxes to pay for a national health insurance system. I pay about the same amount right now but let’s round it up to $280.00 a month in Federal income taxes. If he doubled my income taxes I’d pay $560.00 a month to cover their national health insurance program. But…I wouldn’t have to pay that $460.00 premium each month seeing that I’d be using the national health insurance. That means I’d save $172.00 a month. Yep…I’d actually have an additional $172.00 of my own money in my pocket if Obama doubled my income taxes to pay for a national health insurance program! LOL Remember, I’d also not be paying for co-pays, fees, or most prescription meds. Bro…I’d make out like a bandit. I certainly wish Obama could have been President when I was working in the private sector, I would have saved an additional $2,064.00 a year!
Most folks don’t crunch the numbers and factor in that their current health care expenses would be paid for by the adjustment. Let’s consider DT. He admitted to paying nearly $900.00 a month for health insurance. I wonder if the government doubled his income taxes and this $900.00 expense went away if he’d walk away making money or loosing money? Most likely, he’d bring home more of is own money too. Even if they increased his income taxes $900 a month...dt would break even and he would be essentially paying what he pays now. lol
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