Thursday, April 15, 2010

Another day, another ObamaCare "benefit" discovered

We need to start keeping a running tally of all the little surprises, or if you prefer, unintended consequences, misrepresentations or outright lies that are revealed from within ObamaCare on a near-daily basis.

Maybe we'll put together a post and we'll update it periodically to reflect just what all is in this wondrous piece of legislation and we'll name it in honor of Madam Speaker who shares our sentiments in this journey of discovery - we'll call it Nancy's Nuances.

Today's find:

Currently, people with massive medical expenses -- more than 7.5 percent of their income -- can deduct them on their taxes. Under Obamacare, the threshold goes up to 10 percent in 2013 for younger taxpayers and in 2017 for older ones.

According to the Hill, this unnoticed tax hike will squeeze $15.2 billion out of 15 million very sick people, 99 percent of whom make less than $200,000 per year.

Call it what you will but don't call it a tax hike because that would be claiming a broken campaign promise and that would just be intemperate speech.

1 comment:

K T Cat said...

No one knows what's in this thing.

A link is forthcoming.