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Thread: House blocks funding for health care law

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    Re: House blocks funding for health care law

    yes, and you do so with a great deal of self respect

    i sincerely feel uplifted by your conduct

    thanks, stay up

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    Re: House blocks funding for health care law

    Quote Originally Posted by Catawba View Post
    Correction: we used to have a progressive tax system until it was slashed by Reagan and Bush.
    You don't call this progressive taxation?

    Tax Rate.......Married Couples Filing Jointly...........Most Single Filers
    10%...................Not over $17,050....................Not over $8,525
    15%..................$17,050 $69,300..................$8,525 $34,650
    25%..................$69,300 $139,850................$34,650 $83,900
    28%.................$139,850 $235,550...............$83,900 $194,150
    36%.................$235,550 $380,500..............$194,150 $380,500
    39.6%..................Over $380,500........................Over $380,500

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    Re: House blocks funding for health care law

    You still aren't understanding the roles of the varying branches of Gov.

    ALL spending originates in the House....they haven't "killed" or "repealed" anything...they can't...but NEITHER can the Bamster get any money for it now

    In short, at this point it's finished, and the SC will rule against it.

    BTW, the the majority of Amercicans DID/DO not want the Public Option



    Quote Originally Posted by Sgt Meowenstein View Post
    No, I'm not. I'm saying the House can vote to kill it all they want. But until it passes the Senate and gets signed by Obama, the spending bill goes nowhere. Is this really that hard to understand? The House passes a bill. It then goes to the Senate. If the House and Senate can agree and draft a final bill, it then goes to the president to sign or veto. In its present form this bill will not only die in the Senate, but even if by some miracle it gets passed the Senate, Obama will veto it. Do you really believe that Obama will not veto a bill that essentially kills his signature legislation?

    You can wish all you want that the SCOTUS will strike down the law, but that doesn't make it so.
    Obama is NOT 50 feet tall, he is ONE inch deep.
    Mark Levin

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    Re: House blocks funding for health care law

    Quote Originally Posted by reefedjib View Post
    You don't call this progressive taxation?

    Tax Rate.......Married Couples Filing Jointly...........Most Single Filers
    10%...................Not over $17,050....................Not over $8,525
    15%..................$17,050 $69,300..................$8,525 $34,650
    25%..................$69,300 $139,850................$34,650 $83,900
    28%.................$139,850 $235,550...............$83,900 $194,150
    36%.................$235,550 $380,500..............$194,150 $380,500
    39.6%..................Over $380,500........................Over $380,500

    It is only really progressive for the bottom 20% of income earners. After that, it starts to level off thanks the Reagan/Bush tax cuts for the top tax brackets.
    "Citizens for Tax Justice, a research group that's been studying tax issues from its offices in Washington since 1979, provides the information we need. When all taxes (not just income taxes) are taken into account, the lowest 20% of earners (who average about $12,400 per year), paid 16.0% of their income to taxes in 2009; and the next 20% (about $25,000/year), paid 20.5% in taxes. So if we only examine these first two steps, the tax system looks like it is going to be progressive.
    And it keeps looking progressive as we move further up the ladder: the middle 20% (about $33,400/year) give 25.3% of their income to various forms of taxation, and the next 20% (about $66,000/year) pay 28.5%. So taxes are progressive for the bottom 80%. But if we break the top 20% down into smaller chunks, we find that progressivity starts to slow down, then it stops, and then it slips backwards for the top 1%.
    Specifically, the next 10% (about $100,000/year) pay 30.2% of their income as taxes; the next 5% ($141,000/year) dole out 31.2% of their earnings for taxes; and the next 4% ($245,000/year) pay 31.6% to taxes. You'll note that the progressivity is slowing down. As for the top 1% -- those who take in $1.3 million per year on average -- they pay 30.8% of their income to taxes, which is a little less than what the 9% just below them pay, and only a tiny bit more than what the segment between the 80th and 90th percentile pays."
    Who Rules America: Wealth, Income, and Power

    The Reagan/Bush tax cuts slashed the tax rates for the top earners. It is easy to see just how much less progressive our tax rates are today for the top income earners in this graph:


    Top Marginal Tax rates since 1913 & Great Depression (Designing better futures)
    Last edited by Catawba; 02-19-11 at 09:25 PM.
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    Re: House blocks funding for health care law

    Quote Originally Posted by MrVicchio View Post
    The President isn't King, the Senate has a slim majority for the Dem's and Obama will be forced to shut down the gov't or sign the bill.
    If they shut down, I hope Obama never signs the bill... Then we can throw all their @sses out and start from scratch.

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    Re: House blocks funding for health care law

    Quote Originally Posted by Sgt Meowenstein View Post
    Again, you're assuming that it will make it passed the Senate in its present form. Dems may have a slim majority in the Senate, but it's still a majority. Of course the president isn't king. But he has that veto pen. The one granted to him by the Constitution. A gov't shutdown won't necessarily be viewed by the public as the fault of Obama. Look what happened in the 90s. Republicans got blamed for it and lost big time in 96.
    Did the GOP get their demands then?

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    Re: House blocks funding for health care law

    They have blocked funding...and yes...not much Bammy can do ...it's going to be interesting.

    Quote Originally Posted by SheWolf View Post
    Did the GOP get their demands then?
    Obama is NOT 50 feet tall, he is ONE inch deep.
    Mark Levin

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    Re: House blocks funding for health care law

    Quote Originally Posted by Amazed View Post
    You still aren't understanding the roles of the varying branches of Gov.

    ALL spending originates in the House....they haven't "killed" or "repealed" anything...they can't...but NEITHER can the Bamster get any money for it now
    And the gov't will shut down because Obama will veto the bill in its present form.

    In short, at this point it's finished, and the SC will rule against it.
    You hope the SC rules against it.

    BTW, the the majority of Amercicans DID/DO not want the Public Option
    BTW, bull ****.

    Most support public option for health insurance, poll finds - washingtonpost.com

    Tuesday, October 20, 2009
    A new Washington Post-ABC News poll shows that support for a government-run health-care plan to compete with private insurers has rebounded from its summertime lows and wins clear majority support from the public.

    On the issue that has been perhaps the most pronounced flash point in the national debate, 57 percent of all Americans now favor a public insurance option, while 40 percent oppose it. Support has risen since mid-August, when a bare majority, 52 percent, said they favored it. (In a June Post-ABC poll, support was 62 percent.)

    If a public plan were run by the states and available only to those who lack affordable private options, support for it jumps to 76 percent. Under those circumstances, even a majority of Republicans, 56 percent, would be in favor of it, about double their level of support without such a limitation.

    Fifty-six percent of those polled back a provision mandating that all Americans buy insurance, either through their employers or on their own or through Medicare or Medicaid. That number rises to 71 percent if the government were to provide subsidies for many lower-income Americans to help them buy coverage. With those qualifiers, a majority of Republicans say they support the mandate.
    Most in U.S. want public health option: poll | Reuters

    Just under 60 percent of those surveyed said they would like a public option as part of any final healthcare reform legislation, which Republicans and a few Democrats oppose.

    Here are some of the results of the telephone survey of 2,999 households called from November 9-17 as part of the Thomson Reuters PULSE Healthcare Survey:

    * Believe in public option: 59.9 percent yes, 40.1 percent no.

    * 86 percent of Democrats support the public option versus 57 percent of Independents and 33 percent of Republicans.
    Poll: Most Back Public Health Care Option - CBS News

    A clear majority of Americans -- 72 percent -- support a government-sponsored health care plan to compete with private insurers, a new CBS News/New York Times poll finds. Most also think the government would do a better job than private industry at keeping down costs and believe that the government should guarantee health care for all Americans.
    Last edited by Sgt Meowenstein; 02-19-11 at 11:49 PM.


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    Re: House blocks funding for health care law

    budget chair kent conrad, august, 09:

    Democratic senator: Public health insurance option dead - CNN

    late september, 09, the gatekeeper, max baucus of finance, kills it in committee:

    Senate panel votes down public option for health care bill - CNN

    there were 60 dems upstairs at the time

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    Re: House blocks funding for health care law

    Quote Originally Posted by Catawba View Post
    It is only really progressive for the bottom 20% of income earners. After that, it starts to level off thanks the Reagan/Bush tax cuts for the top tax brackets.
    Good. Since the bottom is paying 16% and the top is paying 30%, after deductions - which spur investment - I really don't see the problem. If you are seriously suggesting that the delta percentage between the various quintiles should be the same, rather than be steep initially and leveling off subsequently - I don't know if that would be termed logarithmic - would in some way be more "fair", I don't know who it would be more "fair" to. Flat tax is the way to go. You are already stealing from the rich to pay for programs for the poor. We don't have enough money to pay for the programs you have promised the poor. The problem is not that you are not stealing enough from the rich, the problem is you are spending too much money on the poor. Debt interest and entitlements suck up the entire federal revenues and all other federal spending is deficit. The only thing to do is cut entitlements. We didn't have them before WW I and people were responsible for taking care of themselves. We need to switch back to that way of thinking.




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