Who is Taxed? Who is Subsidized? Senate Version of ObamaCare
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No wonder this is an unpopular reform.
On picture is worth a thousand words. What more need to be said?
Although one picture is worth a thousand words, there’s alot missing from those pictures. How much will the increases actually be? Under 200K is a big and rather arbitrary range, considering the top 5 percent make 150K or more and 90% make 110K or less.
Half the cost of health reform is paid for by increased taxes, and most of that will come from people who definitely are not rich. I think that is what this graphic is illustrating.
If you remember the presidential campaign, Obama, Hillary and virtually every other Democratic candidate promised universal coverage paid for by taxes on the rich — not Medicare benefit cuts and taxes on the middle class.
Obama explicitly promised that no one earning less than $250,000 would pay higher taxes.
I agree with Joe. Obama has been totally dishonest about this from day one.
I don’t believe there are 82 million “status quo” returns. What about all those hidden taxes on medical supplies and devices? Surely these will eventually hit almost everybody.
I agree with Paul. I think a lot of those status quo folks are going to pay hidden taxes.
[...] Number of people who earn less than $200,000 who will see their tax bill rise (Joint Committee on Taxation) [...]