Friday, January 06, 2012

Passage of Obamacare well cost you


Robin's commentary --

"Congress was within its constitutional powers in requiring Americans to buy insurance by 2014 or pay a penalty"

Those words alone should put fear in your hearts as it opens a Pandora's box do something bigger and worse.

The Obama administration is currently going to court to defend the above statement which has been challenged by 26 of the 50 states.

Opponents of the measure also argue that with passage of Obamacare, the government could technically require everybody to eat broccoli in order to fight obesity or pay a penalty.

Historically... the government has been able to get around the requirement of mandates by calling it a tax e.g. the federal income tax. [Citation to follow]

The argument is that everybody should have health care... and I suppose that by mandating everybody to buy health care is their thinking is one solution.

The problem: is that people without healthcare would love to have health care IF THEY COULD AFFORD IT!

[Any moron can figure that one out...]

Well according to an article from Investor's Business Daily the OUT-OF-POCKET cost to you for FAILURE to have qualified health insurance will range from $695 or 2.5% of your household income.

As I've said many a time... you can kiss your tax refund good bye.

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