The 10 Terrible Provisions of Obamacare You May Not Have Heard Of

[Matthitjah]

((((((((families earning more than $250,000))))))))

"Beware, and be on your guard against every form of greed"

~Jesus

My wife and I don't even come close to $100,000 and our tax rate jumped from 5.6% last year to 9.9% this year. Last year we received a nice refund. This year we have to pay in a hefty amount. It is not just the rich they are targeting.

Wow. I paid 24% last year.

That's his Federal Rate. Add to that his State rate and other forms of taxation like gas taxes and his rate will probably exceed what you are paying.

I paid 35% plus 14% vat on everything except basic items that I purchased (which include bread and milk).Vat includes motor vehicles, and homes. I live in a country that employs a sliding scale system that tops out at about 45% for personal income tax, and is as high as 55% for business tax.

We are not bankrupt, we do not have massive debt, we have a banking system rated in the top 9 in the world, we have social security, medical which is nearly free to those who cannot afford it, etc.

We don't have easy credit (our banking regulations are among the toughest in the world), pay up to 11% interest on car loans and home loans, etc, and keep our cars for an average of 7 or so years.

In other words our banking system is based more on reality than fantasy (we weathered the financial collapse of 09 very well)

A sliding tax scale is not a scary thing, and I agree with Amor that it makes sense.

There is no such thing as a free lunch, and it is about time the world started realizing this...

That's sad Fez, that's not Liberty and it certainly isn't equity. It's enslavement to the State and would never be tolerated here.

[Fez]

((((((((families earning more than $250,000))))))))

"Beware, and be on your guard against every form of greed"

~Jesus

My wife and I don't even come close to $100,000 and our tax rate jumped from 5.6% last year to 9.9% this year. Last year we received a nice refund. This year we have to pay in a hefty amount. It is not just the rich they are targeting.

Wow. I paid 24% last year.

That's his Federal Rate. Add to that his State rate and other forms of taxation like gas taxes and his rate will probably exceed what you are paying.

I paid 35% plus 14% vat on everything except basic items that I purchased (which include bread and milk).Vat includes motor vehicles, and homes. I live in a country that employs a sliding scale system that tops out at about 45% for personal income tax, and is as high as 55% for business tax.

We are not bankrupt, we do not have massive debt, we have a banking system rated in the top 9 in the world, we have social security, medical which is nearly free to those who cannot afford it, etc.

We don't have easy credit (our banking regulations are among the toughest in the world), pay up to 11% interest on car loans and home loans, etc, and keep our cars for an average of 7 or so years.

In other words our banking system is based more on reality than fantasy (we weathered the financial collapse of 09 very well)

A sliding tax scale is not a scary thing, and I agree with Amor that it makes sense.

There is no such thing as a free lunch, and it is about time the world started realizing this...

That's sad Fez, that's not Liberty and it certainly isn't equity. It's enslavement to the State and would never be tolerated here.

We will just have to disagree on this. Many nations pay taxes on a proportional basis. I have very rich friends who live very, very well, and very poor friends who don't. The higher taxes for the upper echelons don't seem to affect the sumptuous lifestyles they live.

And with even this lack of "liberty", and "enslavement" is it not strange that we don't have massive debt, runaway unemployment, foreclosures by the thousands, and an economy that lies in ruins. (not that I judge the USA here, I am just using my perceptions garnered from quotes and comments by American citizens here on Worthy over the past year of two).

[Matthitjah]

((((((((families earning more than $250,000))))))))

"Beware, and be on your guard against every form of greed"

~Jesus

My wife and I don't even come close to $100,000 and our tax rate jumped from 5.6% last year to 9.9% this year. Last year we received a nice refund. This year we have to pay in a hefty amount. It is not just the rich they are targeting.

Wow. I paid 24% last year.

That's his Federal Rate. Add to that his State rate and other forms of taxation like gas taxes and his rate will probably exceed what you are paying.

I paid 35% plus 14% vat on everything except basic items that I purchased (which include bread and milk).Vat includes motor vehicles, and homes. I live in a country that employs a sliding scale system that tops out at about 45% for personal income tax, and is as high as 55% for business tax.

We are not bankrupt, we do not have massive debt, we have a banking system rated in the top 9 in the world, we have social security, medical which is nearly free to those who cannot afford it, etc.

We don't have easy credit (our banking regulations are among the toughest in the world), pay up to 11% interest on car loans and home loans, etc, and keep our cars for an average of 7 or so years.

In other words our banking system is based more on reality than fantasy (we weathered the financial collapse of 09 very well)

A sliding tax scale is not a scary thing, and I agree with Amor that it makes sense.

There is no such thing as a free lunch, and it is about time the world started realizing this...

That's sad Fez, that's not Liberty and it certainly isn't equity. It's enslavement to the State and would never be tolerated here.

We will just have to disagree on this. Many nations pay taxes on a proportional basis. I have very rich friends who live very, very well, and very poor friends who don't. The higher taxes for the upper echelons don't seem to affect the sumptuous lifestyles they live.

And with even this lack of "liberty", and "enslavement" is it not strange that we don't have massive debt, runaway unemployment, foreclosures by the thousands, and an economy that lies in ruins. (not that I judge the USA here, I am just using my perceptions garnered from quotes and comments by American citizens here on Worthy over the past year of two).

Yes, we will have to agree to disagree.

The reason we have massive runaway debt is because our Government is spending more than it takes in. We are all responsible because we have tolerated it for years. Yet, the average American knows full well that he can't write checks for income he doesn't have for very long. We are spending our children into poverty and enslavement much like you all have. This is not Righteous. The Government has no business taking anyones income at all. It's what we were founded on. We Rebelled against the British Monarchy and Government because of the exact same sentiment expressed here. We determined and resolved to be Free Men and to pursue happiness by limiting our Government. It cost those who resolved such their Mutual Lives, Fortunes, and Sacred Honor.

We are writing checks for Socialism, and worse a pathetic form of Nationalism that is anti-Colonial, written in Blood and I fear that this is what it's ultimately going to cost us. The Bible recognizes that the burden of Social Care and Giving falls on us, the individual, and not the State.

[amor]

((((((((families earning more than $250,000))))))))

"Beware, and be on your guard against every form of greed"

~Jesus

So those blessed with higher incomes shouldn't begrudge paying tax on a larger proportion of there income as tax than those on lower incomes. Progressive taxarion is fairer than flat rate taxation.

A rich person signs your paycheck bud. Don't forget that. Why should the rich be punished for being rich? Most of them worked for it. What a communistic crock.

And my labour makes them rich. Paying tax isn't a punishment it ensbles the stable society in which their businesses operate and they live.

That's envy my dear friend and totally unbiblical;

Jas 1:9

Let the brother of low degree rejoice in that he is exalted:

I'm not envious of anyone least of all managers. I do find it irritating the way you try and claim that your political postion is Biblical and mine isn't particularly the way you use one decontextualised line of scripture to back up your argument. As I said before i have no problem in paying tax in a civilized and democratic society. i don't object to taxation with representation.

Here is that line from James in a slightly broader context

9But the brother of humble circumstances is to glory in his high position; 10and the rich man is to glory in his humiliation, because like flowering grass he will pass away. 11For the sun rises with a scorching wind and withers the grass; and its flower falls off and the beauty of its appearance is destroyed; so too the rich man in the midst of his pursuits will fade away.

It should perhaps be noted that james is possibly a little more critical of the rich than BoldBeliever

[Fez]

We are spending our children into poverty and enslavement much like you all have.

You need to come here for a visit

Don't you see that from my outside eyes, just as your comment judges my country from outside eyes, and the various posts, links, and discussions here on Worthy, to the uninitiated it would already seem that you are the enslaved?

[Matthitjah]

We are spending our children into poverty and enslavement much like you all have.

You need to come here for a visit

Don't you see that from my outside eyes, just as your comment judges my country from outside eyes, and the various posts, links, and discussions here on Worthy, to the uninitiated it would already seem that you are the enslaved?

A man or business paying in excess of 49% of their income in taxation is enslaved to the State. He is working half the time to feed the mandates of another.

[Matthitjah]

((((((((families earning more than $250,000))))))))

"Beware, and be on your guard against every form of greed"

~Jesus

So those blessed with higher incomes shouldn't begrudge paying tax on a larger proportion of there income as tax than those on lower incomes. Progressive taxarion is fairer than flat rate taxation.

A rich person signs your paycheck bud. Don't forget that. Why should the rich be punished for being rich? Most of them worked for it. What a communistic crock.

And my labour makes them rich. Paying tax isn't a punishment it ensbles the stable society in which their businesses operate and they live.

That's envy my dear friend and totally unbiblical;

Jas 1:9

Let the brother of low degree rejoice in that he is exalted:

I'm not envious of anyone least of all managers. I do find it irritating the way you try and claim that your political postion is Biblical and mine isn't particularly the way you use one decontextualised line of scripture to back up your argument. As I said before i have no problem in paying tax in a civilized and democratic society. i don't object to taxation with representation.

Here is that line from James in a slightly broader context

9But the brother of humble circumstances is to glory in his high position; 10and the rich man is to glory in his humiliation, because like flowering grass he will pass away. 11For the sun rises with a scorching wind and withers the grass; and its flower falls off and the beauty of its appearance is destroyed; so too the rich man in the midst of his pursuits will fade away.

It should perhaps be noted that james is possibly a little more critical of the rich than BoldBeliever

I don't live in your Marxist fantasy land and I hope I never do.

Regardless, please point to scripture that indicates that we are to render unto Caesar to alleviate us from our Obligations in the Kingdom.

[~candice~]

((((((((families earning more than $250,000))))))))

"Beware, and be on your guard against every form of greed"

~Jesus

My wife and I don't even come close to $100,000 and our tax rate jumped from 5.6% last year to 9.9% this year. Last year we received a nice refund. This year we have to pay in a hefty amount. It is not just the rich they are targeting.

Wow. I paid 24% last year.

That's his Federal Rate. Add to that his State rate and other forms of taxation like gas taxes and his rate will probably exceed what you are paying.

I paid 35% plus 14% vat on everything except basic items that I purchased (which include bread and milk).Vat includes motor vehicles, and homes. I live in a country that employs a sliding scale system that tops out at about 45% for personal income tax, and is as high as 55% for business tax.

We are not bankrupt, we do not have massive debt, we have a banking system rated in the top 9 in the world, we have social security, medical which is nearly free to those who cannot afford it, etc.

We don't have easy credit (our banking regulations are among the toughest in the world), pay up to 11% interest on car loans and home loans, etc, and keep our cars for an average of 7 or so years.

In other words our banking system is based more on reality than fantasy (we weathered the financial collapse of 09 very well)

A sliding tax scale is not a scary thing, and I agree with Amor that it makes sense.

There is no such thing as a free lunch, and it is about time the world started realizing this...

That was just my income tax. I pay a 10% GST, a petrol surcharge, "registration" etc etc. I believe that 45% of my income is returned to the state. I agree with you Fez, it isn't that scary.

[~candice~]

We will just have to disagree on this. Many nations pay taxes on a proportional basis. I have very rich friends who live very, very well, and very poor friends who don't. The higher taxes for the upper echelons don't seem to affect the sumptuous lifestyles they live.

And with even this lack of "liberty", and "enslavement" is it not strange that we don't have massive debt, runaway unemployment, foreclosures by the thousands, and an economy that lies in ruins. (not that I judge the USA here, I am just using my perceptions garnered from quotes and comments by American citizens here on Worthy over the past year of two).

Yeah . I don't know why fiscal regulations and socialised health care are judged so harshly... we have it, and we also got through the financial crisis without going into recession, we don't have runaway unemployment and a massive subprime mortgage sector. We aren't slaves to our government, we merely have taxation with representation, and it works for us.

The Americans here are happy to say they are going down the drain fiscally, morally, with a dictator - socialist for a President... until you say "hey! Look what we have, and it's working" then all of a sudden we are worse than them and Obama doesn't seem so bad . Cracks me up every time.

[Matthitjah]

We will just have to disagree on this. Many nations pay taxes on a proportional basis. I have very rich friends who live very, very well, and very poor friends who don't. The higher taxes for the upper echelons don't seem to affect the sumptuous lifestyles they live.

And with even this lack of "liberty", and "enslavement" is it not strange that we don't have massive debt, runaway unemployment, foreclosures by the thousands, and an economy that lies in ruins. (not that I judge the USA here, I am just using my perceptions garnered from quotes and comments by American citizens here on Worthy over the past year of two).

Yeah . I don't know why fiscal regulations and socialised health care are judged so harshly... we have it, and we also got through the financial crisis without going into recession, we don't have runaway unemployment and a massive subprime mortgage sector. We aren't slaves to our government, we merely have taxation with representation, and it works for us.

The Americans here are happy to say they are going down the drain fiscally, morally, with a dictator - socialist for a President... until you say "hey! Look what we have, and it's working" then all of a sudden we are worse than them and Obama doesn't seem so bad . Cracks me up every time.

You misunderstand the American experience. You do not have it worse than us because what follows with Obama is far worse than a servile Socialist State.