Skip to content
Catholic Online Logo

By Catholic Online (NEWS CONSORTIUM)

12/27/2013 (1 year ago)

Catholic Online (www.catholic.org)

It's no joke, your rent will actually go up. Here's why.

Americans hate hidden fees and taxes, but they're ubiquitous. Almost every purchase you make costs more than the price you see because of these fees and taxes. Your latest government-mandated purchase is no different. Obamacare comes with a whole list of fees and taxes that build atop already sky-high premiums.

Your rent will be among the increases you will face in 2014 thanks to Obamacare.

Your rent will be among the increases you will face in 2014 thanks to Obamacare.

Highlights

By Catholic Online (NEWS CONSORTIUM)

Catholic Online (www.catholic.org)

12/27/2013 (1 year ago)

Published in Politics & Policy

Keywords: Obamacare, rent, costs, socialized, Obama, prices, single payer


LOS ANGELES, CA (Catholic Online) - Obamacare comes with added fees and taxes. Those prices you saw when you picked your plan and signed up, aren't what you'll pay because those prices are too low. Instead, you're be adding several percent to them as part of Obama's plan to squeeze you for taxes so the non-working class can get their insurance for free.

It's another way to spread the wealth from the already-strapped middle class down to everyone else.

Your taxes are as follows:

Two percent for every health plan per month. That tax is expected to generate $8 billion for the government and will balloon to $14 billion over the next four years.

There's a $2 fee for every policy to fund the "Patient Centered Outcomes Research Institute." It's unclear just what this organization will actually do with its millions, despite its benevolent name.

Insurers will pass along a 3.5 percent "user fee" just for having listed their plan on the HealthCare.gov website.

You will pay a 2.3 percent "medical device tax" which will increase the cost of many medical devices some people need for daily use. Think pacemakers, prosthetic limbs and such. 

If you have high out-of-pocket medical expenses, you can deduct those from y our taxes. Except that allowance is going down as Obama takes away some of that money for his plan.

If you're doing okay out there, and you have $200,000 in income, you're going to get walloped by the new Medicare payroll tax that adds nearly 1 percent to your Medicare payroll deductions. You will also pay an additional 3.8 percent on what the government claims is "unearned" income, such as rents.

Of course, most of these increases will simply be passed on to the people who pay rent.

Yes, Obamacare will cause your rent to rise. It's not a joke or an exaggeration.

Likewise, premiums will rise as will the cost of everything. Obamacare is doing well now that it has been fixed, if by doing well we mean the sick and poor are signing up in droves. The healthy and uninsured, known as the "young invincibles" in the research data, and upon whom the entire scheme reply upon to pay premiums, aren't participating, at least not pas paying customers.

The people who are getting squeezed out of their insurance are the working, lower-middle class who are employed, but may not have employer-provided insurance, and who may qualify for federal subsidies, but still don't make enough to afford a steep monthly insurance premium.

Ultimately, there's growing suspicion that this plan is designed to fail because doctors are being squeezed for pay, insurance companies can't cover only the sick and make a profit, and government will scapegoat those same companies as they raise their rates to cover all the people the law makes them cover. Meanwhile, the young working citizens without insurance will simply find doctors who are willing to treat them for cash or will settle for non-qualifying plans. Most people will pay the penalties, which will be cheaper.

Next October, employers are expected to drop millions of Americans off their plans and accept government penalties for doing so. This will create a new crisis for the middle class.

Meanwhile, Obamacare will take literally billions of dollars out of the American economy and funnel it towards insurance companies and the government. As Americans pay hundreds of dollars per month extra for health insurance, they will have less to spend at restaurants, on shopping, on home improvement, children's activities, and more. There will be less consumer demand as insurance eats up family surpluses.

This will put pressure on employers to increase wages, especially among small businesses, who have barely survived the Great Recession and are not enjoying the banner years that Wall Street is reporting.

So what's next? In a year or so, this will become extraordinarily painful for Americans. Those in power know this, which is why they have done all they can to postpone full implementation for as long as possible. In particular, you will notice that full implementation will occur after the 2014 mid-term elections. That's deliberate.

As the lower middle class is crushed and pressure is put on small businesses, the people will cry for relief from Obamacare, and who will be there to provide it-but Obama himself?

Then, as he prepares to exit the White House in his last year, he can bestow his true legacy: a single payer, socialized healthcare system that will handle everything for everyone by eliminating choice and making everybody pay via tax increases. The system will take years to implement, but the downhill slide into it has already begun. Obama has already won; the great general first seeks victory, then seeks battle.

Now take your medicine.



---


Pope Francis: end world hunger through 'Prayer and Action'


Copywriter 2015 - Distributed by THE NEWS CONSORTIUM

Pope Francis Prayer Intentions for July 2015
Universal:
That political responsibility may be lived at all levels as a high form of charity.
Evangelization: That, amid social inequalities, Latin American Christians may bear witness to love for the poor and contribute to a more fraternal society.



Comments


More Politics & Policy

Are the Clintons mass murders? Death of British spy who hacked them raises old questions about the Clinton thuggery machine Watch

Image of They may be the most evil family in modern American politics.

By David Drudge, Catholic Online (NEWS CONSORTIUM)

The Clinton death toll is simply astounding. Approximately 100 people, directly associated with the Clinton family, have died under unnatural and mysterious circumstances since the early 1990s. It is considered possible that the Clinton family chooses to deal with ... continue reading


Obama's Clean Water Act blocked hours before taking effect Watch

Image of Obama's water pollution rule was blocked by a federal judge a few hours before its execution.

By Linky C. (NEWS CONSORTIUM)

A North Dakota federal judge blocked the Obama Administration's controversial water pollution rule just hours before taking effect. MUNTINLUPA CITY, PHILIPPINES (Catholic Online) - Judge Ralph Erickson of the District Court for the District of North Dakota discovered ... continue reading


Clinton compares Republicans to terrorists: Receives unsurprising backlash Watch

Image of

By Kenya Sinclair (NEWS CONSORTIUM)

Hillary Clinton compares conservative views on abortion and reproductive rights to terrorist groups. Republicans demand an apology while Republican and Democrat candidates agree Clinton's campaign is failing. LOS ANGELES, CA (Catholic online) - Hillary Clinton gave a ... continue reading


'The whole Bible is incredible': Donald trump ridiculed for not naming favorite Bible verse Watch

Image of Donald Trump claims the Bible is his favorite book.

By Kenya Sinclair (NEWS CONSORTIUM)

During an interview with Bloomberg's Mark Halerin and John Heilemann, presidential candidate, Donald Trump was asked to name his favorite Bible verse but refused to name one. LOS ANGELES, CA (Catholic Online) - Seven minutes into the interview, Halerin told Trump, "You ... continue reading


EVERY 93 SECONDS: Foreign children born on U.S. soil Watch

Image of Children of immigrants born on United States soil appear to be wearing out their welcome, according to recent polls.

By Catholic Online (NEWS CONSORTIUM)

Children of immigrants born on United States soil appear to be wearing out their welcome, according to recent polls. It is estimated that a child of illegal immigrants is born every 93 seconds in the U.S. According to a 2011 Rasmussen Poll, only 28 percent of likely ... continue reading


Univision anchor Jorge Ramos EJECTED from Donald Trump press conference Watch

Image of

By Catholic Online (NEWS CONSORTIUM)

"Go back to Univision," GOP presidential nominee Donald Trump told Univision news anchor Jorge Ramos at an Iowa press conference. Well regarded by his peers, there was no gravitas afforded Ramos at the event, as a security guard escorted him away. The occasion ... continue reading


The do-nothing Boehner is not only stupid, he's pro-Planned Parenthood - revealed by his incestuous political relationship with an abortion-affiliated adviser Watch

Image of Boehner makes a lot of money off Obamacare and other investments in the medical industry, thanks to his privileged position in Congress.

By Catholic Online (NEWS CONSORTIUM)

Charlotte Ivancic, Health Policy Advisor to Speaker John Boehner (R-Ohio), is leaving his office to work for a lobbying firm. Ivancic is the older sister of Cate Dyer, the CEO of StemExpress. Dyer was caught discussing the sale of aborted children on video by the ... continue reading


When it comes to illegal immigration, EVERYBODY WINS! Except you, of course you lose Watch

Image of Attitude is everything.

By David Drudge, Catholic Online (NEWS CONSORTIUM)

Americans tend to agree we need some kind of immigration reform, but they can't agree on how bad the problem is, or even what that reform should look like. Here is a story that will shock you into thinking harder about the problem. LOS ANGELES, CA (Catholic Online) - ... continue reading


It has happened before: President Bill Clinton PARDONED former CIA Director for home computer Classified Document mess Watch

Image of In truth, Hillary Clinton's current controversy over keeping sensitive, classified information on home computers had its basis in which her husband, former president Bill Clinton pardoned former CIA director John Deutch . who likewise kept classified material on unsecured, private computers.

By Catholic Online (NEWS CONSORTIUM)

In truth, Hillary Clinton's current controversy over keeping sensitive, classified information on home computers had its basis in which her husband, former president Bill Clinton pardoned former CIA director John Deutch who likewise kept classified material on ... continue reading


Federal judge states Hillary Clinton's private emails violated policy Watch

Image of

By Catholic Online (NEWS CONSORTIUM)

"We wouldn't be here today if this employee had followed government policy," U.S. District Judge Emmet Sullivan, in reference to Hillary Clinton's recent email fracas, said. Controversy continues to swell over Clinton's email. Some argue that she violated government ... continue reading


All Politics & Policy News

Newsletters

Newsletter Sign Up icon

Stay up to date with the latest news, information, and special offers

Daily Readings

Reading 1, First Thessalonians 4:13-18
13 We want you to be quite certain, brothers, about ... Read More

Psalm, Psalms 96:1, 3, 4-5, 11-12, 13
1 Sing a new song to Yahweh! Sing to Yahweh, all the ... Read More

Gospel, Luke 4:16-30
16 He came to Nazara, where he had been brought up, ... Read More

Saint of the Day

Saint of the Day for August 31st, 2015 Image

St. Raymond Nonnatus
August 31: Raymond was born at Portella, Catalonia, Spain. He was delivered ... Read More

Inform, Inspire & Ignite Logo

Find Catholic Online on Facebook and get updates right in your live feed.

Become a fan of Catholic Online on Facebook


Follow Catholic Online on Twitter and get News and Product updates.

Follow us on Twitter