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Obama Supporters: Do you feel the knife in your back?

  1. nicomp profile image59
    nicompposted 7 years ago

    Here's your 'change'. A fine is not a tax, therefore no tax increase. Taxes in the name of 'responsibility' are not taxes.

    Obama Goes Toe-To-Toe With Stephanopoulos On "Tax Increases":

    On "This Week," George Stephanopoulos and President Obama have a colorful discussion over Obama's health care reform proposal.

    Stephanopoulos takes issue with a mandate that obligates Americans to purchase health insurance, or risk being fined as much as $900. "How is that not a tax?"

    "A responsibility to get health insurance is not a tax increase," Obama said.

    Stephanopoulos then tells Obama that he looked up the definition of "tax" in Merriam Webster's dictionary.

    "The fact that you looked up... the definition of tax increase indicates that you're stretching a little bit right now," Obama responded.

    1. profile image0
      cosetteposted 7 years ago in reply to this

      well

      i don't see how looking up something is 'stretching'. i see it as precise journalism. like George Stephanopoulos doesn't know the definition. he was making a point. there are some people, like young college students, who are not on their parent's insurance but are very healthy and who may not think they need insurance.

      risky, i know, because accidents happen.

      but i don't like the idea of compelling - no, MANDATING people to purchase health insurance. if they can't afford health insurance, how on God's Green Earth are they going to be able to afford the president's penalty fines for it? some people's budgets are stretched at the seams as it is. and what happens if they DON'T pay their fines? is he going to have them arrested?

      1. profile image0
        Madame Xposted 7 years ago in reply to this

        Yeah, kind of like how the IRS puts you in jail if you don't pay your taxes.

      2. nicomp profile image59
        nicompposted 7 years ago in reply to this

        Don't pay the fine, get arrested, have a public defender appointed, go to trial, get convicted, go to federal prison...

        and you'll have free health care!!

        1. profile image0
          cosetteposted 7 years ago in reply to this

          haha...i just love life's little ironies...

      3. profile image78
        Plenopticposted 7 years ago in reply to this
  2. Eaglekiwi profile image73
    Eaglekiwiposted 7 years ago

    If disallowing large companies previous benefits like Company cars , travel write-offs, discounts on insurance ,property taxes,etc etc , plus all the nickel n dime freebies ( which to you an me are not nickel n time amounts) are no longer available , woohoooo , major savings for the country!!

    No wonder many are squealing and complaining , they only get one vacation now instead of 3 or 4 wink

    1. nicomp profile image59
      nicompposted 7 years ago in reply to this

      Be careful. The vaunted "Small Business" gets those write-offs as well. The Schedule C is a powerful tool for whittling down your tax obligation through all kinds of nifty deductions.

      By the way, corporations shouldn't pay taxes anyway.

      1. profile image0
        Madame Xposted 7 years ago in reply to this

        Yes they should. They're the only ones who should because their status is a privilege granted by the govt to exist as a corporeal entity.

        Besides, corporate perqs should only be decided by the corporation itself in a free market system - not a busybody govt.

        1. nicomp profile image59
          nicompposted 7 years ago in reply to this

          Corporations don't actually pay their taxes now. Their customers and employees pay them. Any corporate tax is an indirect tax on individual citizens.

          You have to understand where the profits go; any income left over after expenses (including taxes) is paid to the shareholders and employees or used to buy stuff, which creates more jobs.

      2. profile image0
        Poppa Bluesposted 7 years ago in reply to this

        Corporations DON"T pay taxes, they pass them along to you and me! Thanks Obama!

      3. Eaglekiwi profile image73
        Eaglekiwiposted 7 years ago in reply to this

        Why shouldnt they pay ?

        1. nicomp profile image59
          nicompposted 7 years ago in reply to this

          Please see my previous post in this thread.

        2. profile image0
          Madame Xposted 7 years ago in reply to this

          Yeah, why shouldn't they? Your previous post only explains how they do pay and where the money comes from.

          1. profile image0
            Poppa Bluesposted 7 years ago in reply to this

            Therein lies your answer. It's the nature of corporations and how they derive their income. They sell a product or service and determine after costs what profit margin they can obtain to determine a price. Those costs include their tax burden. Ultimately all taxes are paid by consumers that's what makes the current income tax system in the USA sooo evil, because it punishes labor, productivity, savings, investment and risk instead of rewarding those things, which I think we all can agree are GOOD things! This is why under Obama Americans will experience economic pain not seen since Jimmy Carter!

            1. profile image0
              Madame Xposted 7 years ago in reply to this

              Oooo, sing those blues baby smile

              1. profile image0
                Poppa Bluesposted 7 years ago in reply to this

                LOL

                "Woke up this moirning people, everything I had was gone
                Woke up this moirning people, everything I had was gone
                Uncle Same he came and, took away my farm!"

          2. nicomp profile image59
            nicompposted 7 years ago in reply to this

            Scroll up a little more and read my previous previous post. I explained it there. They are paying with money that you would otherwise earn.

            1. profile image0
              Madame Xposted 7 years ago in reply to this

              That doesn't mean they shouldn't pay. If there is anyone who shouldn't pay it's the individual. We aren't govt privilege-granted entities.

  3. profile image0
    Leta Sposted 7 years ago

    What a brilliant thread post!  Wow!

  4. rhamson profile image76
    rhamsonposted 7 years ago

    The idea of mandated health insurance is a novel idea but puts more of a strain on the working poor that they cannot bare.  If you switch jobs faily regularly due to your occupation or lay offs and you have a pre-existing condition such as hearts deseas or diabetes a practical ploicy you can afford cannot happen with out public option to lower the costs.

    If you think this is a far too slim example think again. We do not need some more feel good legislation but something that works and this cannot work.

  5. jiberish profile image79
    jiberishposted 7 years ago

    Just wait, Crap & Trade will make taxes go up ever further.

  6. bgpappa profile image85
    bgpappaposted 7 years ago

    I feel the right has done nothing and Congressional Democrats are weak.  Obama is bringing change, and everyone is fighting it.  No knife. Give it time

 
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