62% Federal Tax rate??!!

[Riot]

Originally Posted by dellinger63

With blinks off..

[i]The CBO letter says that the health law spends $780 billion in the next decade and pays for it by raising taxes and fees by $410 billion, and by reducing future Medicare funding by $500 billion. The CBO argues that the law raises more money ($910 billion) than it spends, but that is hardly sufficient reason to keep it, or any law.

Obamacare makes money. It pays for itself, and it makes money.

Blinks off, Dell - right?

Projections from another federal agency—the Centers for Medicare & Medicaid Services (CMS)—fill in the grim picture on what ObamaCare will do. The CMS figures, released Sept. 9, show that if you buy your own health plan, you will have to pay more every year than you would have if the law hadn't passed.

A partisan right wing think tank comes out against CBO figures. Who to believe? Oh, it's so hard to look at who has the integrity here!

Amazingly, only 3% more people will have private health insurance in 2014 than would have it if the law hadn't passed.

Yeah, that's kind of the point of it, and the number of insured will continue to increase. We have 330 million people in the country, we have about 40 million uninsured, and we'll get about 30 million insured here. A good thing. Next.

But a staggering 85.2 million people will be on public insurance—Medicaid and the State Children's Health Insurance Program, or S-CHIP.

Yes, so what? We have alot of very, very poor people in this country. Getting them health care is good for all of us. Especially young children. We, as a society, don't want young children of the poor to be starving, or sick, or unvaccinated, do we? Do you, Dell?

If helping the poor doesn't give one warm fuzzies, go back to paragraph one, where it says that doing so will make us money.

The new health law is pushing the U.S. toward a European-style welfare state, making more people dependent on government, instead of on themselves, and undermining incentives to work.

Well, nonsense. And what "European-style welfare state" is the author referencing in particular? The imaginary one in his mind?

It is encouraging people to be responsible, rather than living off their neighbors.

C'mon Dell - at least come up with good, reasoned opinion articles to share. This is a ridiculous stretch made up of straw men.