“The chief justice of the United States Supreme Court, John Roberts, said [about Obamacare], ‘It is not our job to protect the people from the consequences of their political choices.’ Not our job…. So Obamacare is nothing more than the largest tax increase in the history of the world…. We have the biggest tax increase in the history of the world right in the middle of one of this country’s worst recessions. In fact, as the vice president said yesterday, a depression for millions of Americans.” –Rush Limbaugh, June 28, 2012
The Supreme Court’s narrow 5-4 ruling on Obamacare effectively puts its seal of approval on the biggest tax increase in most Americans’ lifetime.
But as The Washington Times notes, on the campaign trail four years ago and since taking office, none other than Obama himself has said again and again that middle-class families will not see their taxes rise “a single dime” under his presidency.
The high court’s ruling leaves in place 21 tax increases in the health care law costing more than $675 billion over the next 10 years, according to the House Ways and Means Committee. Those 21 tax increases are:
- A 156% increase in the federal excise tax on tobacco
- Obamacare Individual Mandate Excise Tax
- Obamacare Employer Mandate Tax
- Obamacare Surtax on Investment Income
- Obamacare Excise Tax on Comprehensive Health Insurance Plans
- Obamacare Hike in Medicare Payroll Tax
- Obamacare Medicine Cabinet Tax
- Obamacare HSA Withdrawal Tax Hike
- Obamacare Flexible Spending Account Cap – aka “Special Needs Kids Tax”
- Obamacare Tax on Medical Device Manufacturers
- Obamacare “Haircut” for Medical Itemized Deduction from 7.5% to 10% of AGI
- Obamacare Tax on Indoor Tanning Services
- Obamacare elimination of tax deduction for employer-provided retirement Rx drug coverage in coordination with Medicare Part D
- Obamacare Blue Cross/Blue Shield Tax Hike
- Obamacare Excise Tax on Charitable Hospitals
- Obamacare Tax on Innovator Drug Companies
- Obamacare Tax on Health Insurers
- Obamacare $500,000 Annual Executive Compensation Limit for Health Insurance Executives
- Obamacare Employer Reporting of Insurance on W-2
- Obamacare “Black liquor” tax hike
- Obamacare Codification of the “economic substance doctrine”
For full details on each tax, go to Americans for Tax Reform.
Twelve of the Obamacare tax hikes will affect families earning less than $250,000 per year,including a “Cadillac tax” on high-cost insurance plans, a tax on insurance providers and an excise tax on medical-device manufacturers. According to the Congressional Budget Office & Joint Committee On Taxation, at least 75% of individual mandate penalties will fall on those making less than $250,000.
In addition, medical insurance providers are not fools. They will simply pass their Obamacare tax onto the insured, which means high-, middle-, and low-income Americans. All of which, of course, is a clear violation of Obama’s pledge that he would not increases the taxes of low- and middle-income taxpayers.
After the Supreme Court’s ruling yesterday, Obama gloated by twittering “Still a BFD.”
BFD is slang for “Big Fucking Deal.”
A President of the United States of America tweeted “Big Fucking Deal.”
Democrat strategists also are feeling emboldened that the Supreme Court under ostensibly conservative Chief Justice John G. Roberts Jr. has aided Obama’s agenda. Simon Rosenberg, president of NDN, a Democratic think tank in Washington, crowed: “The late decisions by the Supreme Court this summer leaves the GOP’s agenda in tatters. Their efforts to overturn two administration efforts — immigration and health care reform — have failed. Obama comes out of this week much stronger, the Republicans weaker. His first term will now be seen as consequential, their opposition feckless.”
Hold your horses, Mr. Rosenberg. Remember what the word “hubris” means in its Greek origin. The plain fact is that most Americans do not want Obamacare.
The latest Rasmussen Reports national telephone survey of June 23-24 shows that 54% of Likely U.S. Voters favor repeal of Obamacare, while 39% are opposed. This includes 43% who Strongly Favor repeal and 28% who are Strongly Opposed to it.
Seth Masket, an associate professor of political science at the University of Denver, found in a study that 13 House Democrats lost their seats in 2010 as a result solely of voting for Obamacare.
The Supreme Court’s wrong-headed ruling already has mobilized conservatives. Already, presumptive GOP nominee Mitt Romney’s campaign has garnered donations of at least $4.2 million since the ruling.
Now is the time for us to redouble our efforts. What our enemies want more than anything is for us to despair and become apathetic.
No one ever said being a democracy is easy.
I’m not giving up! Ever!