Skip to content
Catholic Online Logo

By Catholic Online (NEWS CONSORTIUM)

12/27/2013 (9 months 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 (9 months 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'


2014 - Distributed by THE NEWS CONSORTIUM

Pope Francis Prayer Intentions for October 2014
Peace:
That the Lord may grant peace to those parts of the world most battered by war and violence.
World Mission Day: That World Mission Day may rekindle in every believer zeal for carrying the Gospel into all the world.



Comments


More Politics & Policy

Are Ebola patients being 'disappeared?' Several sources warn 'yes' Watch

Image of What is the truth about this deadly disease and its presence in our country?

By Catholic Online (NEWS CONSORTIUM)

A news report published yesterday on the sensational website, "Infowars" asks if patients with Ebola are being "disappeared" to prevent panic in the United States. The claim cannot be dismissed because there are several matching reports from across the country. LOS ... continue reading


So this is how they win? Democrats caught red handed in Illinois voter fraud! Watch

Image of President Obama casting his early vote in Illinois for the 2014 midterm.

By Catholic Online (NEWS CONSORTIUM)

The city well known for its leftist-leaning voter corruption is at it again, after a Republican candidate found that all his votes were being handed to Democrats. LOS ANGELES, CA (Catholic Online) - Jim Moynihan, a Republican state representative candidate, ... continue reading


Blank 'green Obamacards' - up to 34 MILLION - issued prior to promised amnesty Watch

Image of Obama's high numbers of illegal immigration

By Catholic Online (NEWS CONSORTIUM)

Thirty-four million blank work permits and "green cards," which authorizes illegal immigrants to live and work in the United States are currently in the works. In the meantime, the White House prepares to issue an executive order after the November 4 midterm ... continue reading


North Carolina's Tillis stumbles during televised debate Watch

Image of While Thom Tillis has a dominant lead among whites (50 percent to Kay Hagan's 37), he is getting trounced among black voters: just seven percent are in his camp, compared with 83 percent for Hagan.

By Catholic Online (NEWS CONSORTIUM)

Congressional candidate State Legislature Speaker Thom Tillis stumbled badly during a televised debate with his Democratic rival Senator Kay Hagen earlier this month. During the televised debate on October 7, Tillis appeared at a loss for words when it came to ... continue reading


Houston: First Amendment Does not apply to Christian ministers? Interview with Keith Fournier Watch

Image of As at the tower of Babel, the confusion spreads until no progress is possible.

By Catholic Online (NEWS CONSORTIUM)

Houston officials fired a shot across the bow of Christian ministers, pastors and priests who they think may be encouraging their congregations to oppose the city's controversial "bathroom bill." The request is chilling and violates the First Amendment, but it also ... continue reading


New York law strips 34,500 law-abiding citizens of their lawful right to bear arms with ZERO due process Watch

Image of A New York law could be too restrictive and features virtually no due process.

By Catholic Online (NEWS CONSORTIUM)

A New York law may be infringing on the rights of many Americans and undermining mental health efforts in that state. The law, known as the Safe Act, requires, as part of its implementation, for mental health professionals to report the names of any people who could be ... continue reading


Why build a school when you can buy a senator! North Carolina race tops $100 million

Image of America is no longer for sale, it has already been bought.

By Catholic Online (NEWS CONSORTIUM)

The nation's most expensive Senate race in history is topping $100 million as the entire nation looks to a critical election in North Carolina. The money poured into the race reveals that elections are coming down to money and outside influencers have substantial ... continue reading


167,000 convicted criminal immigrants walk free within the United States Watch

Image of Deportations from the interior of the United States declined 34 percent this year from last.

By Catholic Online (NEWS CONSORTIUM)

With both Islamic State and Ebola posing an imminent threat to the United States through people entering the country illegally, it's distressing to note just how lax the nation's deportation laws have become. According to Breitbart, there remain nearly 167,000 ... continue reading


Obama is advancing 'brutal program' of forced abortions in China, lawmaker says Watch

Image of

By Catholic Online (NEWS CONSORTIUM)

President Barack Obama and his administration are not only ignoring China's totalitarian edict of "one family, one child" policy but are advancing the "brutal program." That's the words of Representative Chris Smith (R-N.J., who) spoke at the Heritage ... continue reading


Four Kurdish terrorists slipped across Obama's open Mexican border, Homeland Security chief admits Watch

Image of Four members the Kurdistan Workers' Party, known as the PKK, were arrested in September trying to enter the United States illegally from Mexico.

By Catholic Online (NEWS CONSORTIUM)

The bad news: Four known Kurdish terrorists crossed into the United States. This has been confirmed by Department of Homeland Security Jeh Johnson. The good news: Johnson says that the four were not affiliated with Islamic States. Which is good news, of a sort. ... 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, Ephesians 4:1-6
1 I, the prisoner in the Lord, urge you therefore to ... Read More

Psalm, Psalms 24:1-2, 3-4, 5-6
1 [Psalm Of David] To Yahweh belong the earth and all ... Read More

Gospel, Luke 12:54-59
54 He said again to the crowds, 'When you see a cloud ... Read More

Saint of the Day

Saint of the Day for October 24th, 2014 Image

St. Anthony Mary Claret
October 24: Claretian archbishop and founder. Anthony was born in Salient in ... 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