Thoughts for Friday

I am glad it's Friday! It's been a long week. Next week will be a short one as we get ready for Thanksgiving. What are you thankful for? I have alot to be thankful for. My wife and three little girls, my family, my job and my health just to name a few. I am happy with my life!

Watching the news last night I learned that the liberal estimate for the cost of the health care bill would be about 850 Billion. Then I change the channel and find out that is wrong and it will be 2.5 Trillion. If it passes, we will start paying taxes on it immediately and won't see it take effect until 2014.

Here is a list of SOME of the taxes we will be paying...

Excise tax on charitable hospitals
Tax on innovator drug companies
Medical device manufacturing
Tax Health insurance
Medicare payroll tax
Blue cross blue shield tax hike
Tax on cosmetic medical procedures
The medicine cabinet tax - You are no longer allowed to use health savings accounts or are no longer allowed to use flexible spending accounts or health reimbursement on pretax dollars to purchase nonprescription over-the-counter medicines except for insulin.
The employer mandate tax - If an employer does not offer health care coverage and at least one employee, at least one employee qualifies for a health tax credit the employer must pay an additional nondeductible tax of $750 for all full-time employees. FOR ALL EMPLOYERS REGARDLESS OF NUMBER OF EMPLOYEES

Then there is a tax that will hurt the most, the Income Surtax. If you are single in 2014 you pay an extra $95, in 2015 you will pay an extra $350 and in 2015 an extra $750.

If you are single plus one, 2015 you pay $700, and 2016 you will pay $1500. In an additional health care surtax.

Those are just the surcharges!

If you decide not to buy Government Health care you will pay an additional $2250.00 or 8% of your income.

We must stop this legislation. This plan will break America. The government can't even run Medicare correctly. How will they run it for everyone?

We won't be able to afford it as companies raise prices to cover all the new taxes they will be paying. We will be reduced to a impoverished country!

Let me ask you this. If your taxes go up by 1/3, groceries, gas, clothing and all services go up any at all and your employer starts cutting your hours to cover the extra they have to pay, just to stay in business, will you be able to afford it?