Comments on: Ron Paul Introduces the Private Option Health Care Act (HR 5444)

By: Socialists don't like Capitalism

Socialists don't like Capitalism — Sat, 21 May 2011 16:12:43 +0000

JBS.org – ObamaCare 101: What the Healthcare Law Means to You Part 1 of 3 May 25, 2010 – “TheJohnBirchSociety’s Channel … takes you into the new healthcare law. He identifies a pattern of government broken promises, revealing that if something sounds too good to be true, then it probably is. Find out what’s really in the new law and what you can expect long term.” this and others at youtube-com
getlibertynow-org – “Are you tired of scrounging around for the latest ObamaCare happenings? Are you fed up with trying to filter through the muck to find what’s really happening?
ObamaCare was written in a maze of jargon designed to empower bureaucrats and confuse the people.
Remember how we had to pass a bill just to find out what was in it? Well, I have a solution for you . . . ObamaCare Watcher. ObamaCare Watcher is a unique tool we at Americans for Limited Government have created to keep you up to the minute on the latest news to defund ObamaCare and the schemes bureaucrats are implementing to micromanage our healthcare.
We do the hard work for you by acquiring only the most useful new articles on ObamaCare and also provide our own technical insight.”
- examiner-com Sources say smackdown of Obama by Supreme Court may be inevitable! July 9 2010
- yahoo-com Op-Ed: Republican calls for patient-centered wellness Nov 2, 2009 “… The heart of patient-centered wellness for our people-powered world is prudent, targeted, multi-track reforms that reduces costs by leveraging the communications revolution and market forces to increase the supply of health care amid rising demand. Immediate, obvious measures include reforming medical liability laws; ending exclusions for pre-existing conditions; expanding health savings accounts; providing tax credits for purchasing private health insurance; allowing association health plans; permitting health insurance purchases across state lines; encouraging individuals to insure against changes in health status; incentivizing preventative health care; and applying information technology to enhance transparency and increase efficiencies. All this can be achieved without trillions in new spending, taxes and government-dictated, radical changes to Americans’ current health care…”
- aei-org (American Enterprise Institute for Public Policy Research) – excellent resource for researching nearly any subject, also youtube-com, and articlesbase-com
Art Thompson, CEO of The John Birch Society,
Takebackmedicine-com Enslavement by Health Insurance August 30, 2010 by By: Richard Amerling, MD
“You load sixteen tons, what do you get,
another day older and deeper in debt,
Saint Peter don’t you call me ’cause I can’t go,
I owe my soul to the company store”
—-“Sixteen Tons” Merle Travis
“According to Wikipedia, the “company store” in this classic country song refers to the “truck system” where employees are paid in substitute currency, known as “scrip.” This limits employees’ ability to choose how to spend earnings, generally to the benefit of the employer. In closed economic systems, such as existed in various mining towns, workers had little choice but to buy from the company store, which often led to significant indebtedness, limiting their ability to leave the system. This created a form of indentured servitude, prompting legislation that made payment in other than legal tender illegal.”
- socialsecurityinstitute-com February 03, 2011 ENOUGH IS ENOUGH “…The Welfare State Establishment will squeal and whine and bluster about how such “draconian spending cuts” will mean an end to the welfare state as we know it. Oh, but were that only true. What spending cuts of this magnitude would really mean is Congress has taken just the first step toward restoring fiscal sanity. But, we’ve got to begin somewhere. If not now, when; if not here, where?”
- *forbes.com blogs Are Republicans Going All Wobbly On Spending? Feb. 14 2011 “We are less than 60 days into the new Congress, and already the newly reinvigorated Republican Party appears to be going all wobbly over spending. [*]This clever video illustrates the problem far better than any wonkish prose can convey…The Congressional Budget Office says the federal budget deficit will rise to $1.5 trillion, or almost 10% of GDP, this year — the highest since World War II and ten times the Administration’s estimate for this year when President Obama came into office. Beyond 2011, CBO projects the deficit plummeting to $703 billion in 2013, falling in percentage terms to just over four percent of GDP in 2014 and to less than 3 percent of GDP in 2018 ($610 billion). That’s whistling past the graveyard, and it only encourages Congress to remain in denial about the need to cut federal spending drastically…”
- hosted-ap.org – Big legal setback for Obama’s health care overhaul Dec 13,
“ …Obama aides said implementation would not be affected, noting that the individual insurance requirement and other major portions of the legislation don’t take effect until 2014.
Underscoring the potential for Hudson’s ruling to become a political cudgel for the new Republican House majority, incoming House Speaker John Boehner, R-Ohio, quickly cautioned states against “investing time and resources in Obamacare’s implementation now that its central mandate has been ruled unconstitutional.”

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By: Socialists don't like Capitalism

Socialists don't like Capitalism — Sat, 21 May 2011 16:10:44 +0000

After doing some research, the following questions may be worth finding answers to – Here are a couple to ask your Reps during their town-hall meetings:
“Can you honestly answer exactly WHO wrote the House Health care Bill; all 1,000+pages of it…within 6 months of Obama taking office? Who specifically are the “community organizations” mentioned on pages 469-472?”
“Did Waxman/Hartley actually write the Cap and Trade bill; or did the Blue-Green Alliance Or the Alliance for Climate Protection?”
TaxedEnoughAlready people are not the radicals- research shows this far left administration is radical – freedomworks-org helps explain that people are concerned and need answers.
-mountainwestmilitia-com America transformed (Cloward-Piven Strategy)
- demint.senate-gov The American Option: A Jobs Plan That Works January 29, 2009
- *Congressman Paul Ryan – Creating Jobs and Generating Economic Growth – “Roadmap for America’s Future”
-Many Senators will accept e-mail outside of their constituents’ area.
-*At Thomas-gov website click on House of Representatives/Congress to get e-mail, phone, address of reps for zip code entered.
- humanevents-com/UncommonKnowledge – Four part video – interesting comparison of US to Europe
AMERICA IS BLESSED – They don’t know how lucky they are – nearly no alternative/conservative media in Europe – TEA people will not be found in Europe – covers stimulus, health”care”, unions, etc. – also much information about healthscare tax/fine

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By: mildearth

mildearth — Sat, 12 Jun 2010 12:53:52 +0000

It doesn’t mean it’s free, it means you get a tax deduction write-off when tax time comes and you don’t have to give them as much of your own earned money because you are making sure to take care of yourself.

Paul’s idea is more of paying into a health care fund or savings account for oneself. Some businesses do this with their employees and sometimes pitch in to help fill the pot. There are other ins and outs of this system that you could find if you looked into it. I know that Whole Foods uses this type of health care account and I do believe it is appreciated by their employees.

Also, when you’re paying into an account like that straight out of your pay it comes out before taxes so your taxable income decreases as well.

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By: B.D.Harper

B.D.Harper — Sat, 05 Jun 2010 05:24:35 +0000

Stop relying on your assumptions and actually read the bill. It’s clear that you haven’t, and if you did we would not be having this debate.

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By: B.D.Harper

B.D.Harper — Sat, 05 Jun 2010 05:21:05 +0000

After reading the bill I can assure you it’s nothing similar to Canada’s system.
This bill makes it so that instead of giving money to the federal government through your income taxes, your income taxes (as well as social security payouts) can be used directly to pay off your medical expenses, be they for procedures or insurance you wish to purchase.

Furthermore, neoconservatives and libertarians have almost nothing in common. I don’t understand why or where from you’re drawing such parallels.

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By: kramer

kramer — Fri, 04 Jun 2010 15:23:25 +0000

Hey Dave, have you had a chance to read the full text of the bill? The credit is limited:

(b) Limitation- The credit allowed by subsection (a) for the taxable year shall not exceed the sum of–
‘(1) the taxpayer’s net income tax for the taxable year, plus
‘(2) the taxpayer’s Social Security taxes (as defined in section 24(d)) for such taxable year.

So doesn’t that make a difference for what you are talking about?
http://www.govtrack.us/congress/billtext.xpd?bill=h111-5444

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By: Chajnantor

Chajnantor — Wed, 02 Jun 2010 23:22:40 +0000

Yeah, it’s good, very useful, thanks

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By: Dave Burton

Dave Burton — Wed, 02 Jun 2010 20:43:58 +0000

Matt, you are certainly correct about the health care bill which was just passed, but you are just as certainly wrong about Ron Paul’s bill. His press release doesn’t say “100% deductible.” It says fully refundable tax CREDIT for 100% of health care expenses.

That means the federal government will refund to you ALL of your health care expenditures, regardless of whether you pay any taxes or not.

Please don’t take my word for it. Google the term “tax credit,” or go to a dictionary site like http://www.onelook.com and search for it. There’s a lot of misinformation being spread around by the Ron Paul supporters here, don’t be deceived.

Do you remember President Reagan’s motto when dealing with the Soviets? “Trust But Verify!” I don’t ask that you trust me more than Reagan trusted the Soviets. But please take the time to consult a dictionary before accusing me of misunderstanding the terminology.

Dave

“Liberty is not the freedom to do what you wish; it is the freedom to do what you ought.” -Lord Acton

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By: Dave Burton

Dave Burton — Wed, 02 Jun 2010 19:46:53 +0000

Claim:
“Provides all Americans with a tax credit for 100% of health care expenses. The tax credit is fully refundable against both income and payroll taxes”

Translation:
“All health care is gonna be free! The federal gov’t will pick up 100% of the tab!”

That’s very similar to the Canadian system, except without the paperwork reduction. No wonder Ron Paul is buddies with left-wing nutters like Ralph Nader & Cynthia McKinney, even to the point of advising his supporters to vote for Baldwin, Nader or McKinney rather than McCain/Palin in 2008.

Ron Paul is one of the big reasons we’re in this mess. And if you want a preview of just how big a mess it’s going to be in 30-40 years, just take a peek at Canada’s mess. (It is now ~42 years after their gov’t took over health care.) If you think Canadian health care is not a mess, here’s a Canadian web site which will clear up your confusion:

http://www.TimelyMedical.ca/

Dave

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By: Dave Burton

Dave Burton — Wed, 02 Jun 2010 19:35:06 +0000

ckhg, you have confused “tax credit” with “tax deduction.”

A tax deduction is a dollar amount which you subtract from your taxable income. So, if you are in a 25% tax bracket, a $100 tax deduction will save you $25.

A tax credit is a dollar amount which you subtract from you taxes. So, it doesn’t matter what bracket you are in: a $100 tax credit will save you $100.

A “fully refundable tax credit” is a tax credit which you will receive in full regardless of how much taxes you would otherwise owe, in fact even if your tax bill otherwise was zero. If it makes your tax liability negative, you will receive a “refund.”

You don’t have to take my word for it, just ask any tax practitioner, or consult a legal or financial dictionary, such as any of these:
http://research.lawyers.com/glossary/tax-credit.html
http://www.moneyglossary.com/?w=Tax+Credit
http://www.bloomberg.com/invest//glossary/bfglost.htm#tax_credit
http://www.investorwords.com/4888/tax_credit.html

Is that clear?

Dave

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