Federal Poverty Level and you pay for insurance or pay the $600 a year tax. A single person making over $14,856 would have to pay for insurance (on $14,856, really?) or $600 tax. A married couple with no kids making over $20,122 a year would be required to pay for insurance for 2 or the tax for 2. A family of 4, 2 adults and 2 kids making over $30,656 a year would have to buy insurance for 4 or pay double the tax for the adults. I'm sure that'll make Obama and the Democrats popular in November.
Last edited by Prof. Peabody; 06-28-12 at 08:51 PM.
"Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passions, they cannot alter the state of facts and evidence." - John Adams
You're talking about Medicare taxes (and for those not following this vein, those are taxes on over-$200K filers).
Hopefully no other explanation is needed.
BTW, "google it" is lame.
BTW, you were "full of it" (yes, you were right on the taxes, but they are Medicare taxes).
no need to call it a giraffe..... calling a tax a tax is the honest thing to do.
politically speaking, it puts Obama in the position of having to answer for his ... untruthfulness.... and imposing a substantial tax increase .
there's a reason he argued that it's not a tax.. he didn't want to have to defend against a tax increase... so he called it a giraffe in hopes that folks won't know the difference.
Obama is a smart dude.... and there is no way in hell I believe that he didn't know this was a tax from the outset.
The ghost of Jack Kevorkian for President's Physician: 2016
But g'head, keep pretending like that wasn't a good ass-kicking. Your persistence only makes me laugh harder.