The BoBo Files

2074 Pages!  Holy freakin’ hell people!  That bill is even bigger than the damned House version.  Here is just a short list of the taxes that are in this bill – hmm…I thought Obama promised no taxes on the middle-class?

5% Tax on Cosmetic Surgery

40% Tax on “Cadillac Plans” – If you’re single in the cost of your employer based plan is $8,500, and family plan is $23,000 – there will be a 40% tax.

Increase from 1.45 to 1.95% in Medicare tax

$4 Billion in Fees on Medical Device manufacturers (you don’t think this will be passed on to consumers?)

$5 Billion in Fees to pharmaceutical manufacturers (ditto above)

If you don’t have insurance and you “qualify” to be insured, if you’re single you will pay a$95 surchage in 2014 and it raises to $750 in 2016.  A family will have a surcharge of $2250 by 2016.

If an employer has at least 50 employees and does not offer an insurance plan, if they have at least 1 employee who “qualifies” to be insured, that employer will be fined $750 per employee.  That is a minimum penalty of $37,500 just to start off with for only 50 employees.  This will kill small businesses.

It eliminates HSA’s altogether.  It puts a cap on FSA’s at $2,500.  You can’t use your HSA account to pay for over-the-counter medication any longer…and..it raises the medical expenses tax deduction from 7% to 10% of AGI.

In addition, it takes $500 Billion out of Medicare funding.

UPDATE – Includes a monthly “abortion premium fee” to be assessed on everyone that is enrolled in the government run plan.

This is just a short list right now.  I will update this post through out the day as I learn or hear about more.  The word “tax” is mentioned in this bill 124 freakin times! And..just to show you that those idiots up there in Washington have no clue about how insurance works – they added this little piece:

They also would limit total out-of-pocket expenses and prevent insurance companies from denying coverage for pre-existing conditions.

Insurers under the Democratic plans would be barred from charging higher premiums based on a person’s gender or medical history.

They obviously don’t know how underwriting works.  This will either drive costs up for everyone because we will ALL be subsidizing those with chronic illnesses, or it will drive private insurers out of business because they can’t pay the claims because there is no money to cover the chronically ill.  Also, there is a HUGE difference between genders and health care costs.  To not be allowed to increase premiums to cover those costs is ludicrous.  There is no such thing as “one-size-fits-all” insurance coverage unless the premiums are skyhigh for all.

Oh – and did I mention it has a public option?  For cryin’ out loud already!  This bill has absolutely nothing to do with improving the health care system and providing for access to affordable health care.  This is simply the largest power grab by our government in the nation’s history.  This is AMERICA.  We are FREE people.  We do NOT want to live under an oppressive and socialist government.

I predict that if this bill passes – there will be an absolute huge tax revolt in this country.  I will be the first to stand up against it and tell our government – HELL NO! I’m not paying my damned taxes for them to fund something that 34% of this country wants! I believe we’re going to something that will eclipse the Boston Tea Party.  I don’t see any violence erupting – but – you can bet there will indeed be a revolution in this country.

The government gets their power from our taxes.  We can shut this thing, and them, down if we stop giving them our money.  Are they going to arrest 66% of this country if we all refuse to pay our taxes?  We don’t have to support our Federal government at all.  They are pushing things on us that are unconstitutional and we need to stand against it.  If this thing passes – it’s time for the Tea Parties to take it to the next level – a REAL Tea Party Tax revolt.

Tags: health care, Politics, Taxes

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