Skip to content
Catholic Online Logo

By Catholic Online (NEWS CONSORTIUM)

12/27/2013 (8 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 (8 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 August 2014
Refugees:
That refugees, forced by violence to abandon their homes, may find a generous welcome and the protection of their rights.
Oceania: That Christians in Oceania may joyfully announce the faith to all the people of that region.



Comments


More Politics & Policy

Of nearly 38,000 immigrant children in the U.S. - only 280 deported Watch

Image of Federal officials expect another huge surge of children from Honduras, El Salvador and Guatemala to begin shortly after the temperatures go down.

By Catholic Online (NEWS CONSORTIUM)

In a surprising bit of news, the Obama administration has quietly released a huge majority of the illegal immigrant children who poured over the U.S. Mexico border earlier this year. Furthermore, they're making their homes in very well-to-do American ... continue reading


Classic Cloward-Piven: Here's the simple reason why Obama is breaking the immigration system in the USA Watch

Image of Obama's Cloward-Piven strategy is showing.

By Catholic Online (NEWS CONSORTIUM)

You can't fix something unless you break it first. This appears to be what Obama has done to the U.S. immigration system. Political analysts now expect that Obama will use the current immigration crisis to overhaul the system into something he likes. But more ... continue reading


Stopping at nothing, Davos Man, Warren Buffett, donates staggering $1.2 billion to promote abortion Watch

Image of Obama awarding Buffett the Presidential Medal of Freedom.

By Marshall Connolly, Catholic Online (NEWS CONSORTIUM)

Warren Buffett has given $1.2 billion to fund abortion advocacy and "research." This startling conclusion comes from the New York Times, which is reporting that he donates hundreds of millions of dollars at a time to a foundation named after his late wife, Susan ... continue reading


Get ready America: Obama set to bypass Senate on international treaty Watch

Image of President Obama and his administration are getting ready to present a climate change treaty to the U.N. and are willing to ignore a Constitutionally required Senate approval to do so.

By Catholic Online (NEWS CONSORTIUM)

President Barack Obama is working to create a sweeping international climate change agreement to compel nations to cut fossil fuel emissions; however, he is seeking to do this without ratification from Congress. LOS ANGELES, CA (Catholic Online) - This agreement is ... continue reading


That was one costly Web site! In fact the most expensive in Internet history. The Cost of Healthcare.gov estimated $1.7 Billion Watch

Image of The 60 contracts related to the development and operation of the Federal Marketplace started between January 2009 and January 2014. The contracts ranged from health benefit data collection and consumer research, to cloud computing and Web site development.

By Catholic Online (NEWS CONSORTIUM)

That's one might expensive Web site! It's estimated that the Healthcare. Gove Web site, intended to facilitate health care reform, or "Obamacare," has cost U.S. Taxpayers about $1.7 BILLION dollars. That's not even the half of it, as the U.S. government is ... continue reading


Obama administration announces new HHS mandate rules Watch

Image of Sylvia Burwell, HHS secretary, said that the new rules will ensure access to free contraception,

By CNA/EWTN News

The Department of Health and Human Services issued on Friday new rules regarding its contraception mandate, after the Supreme Court ruled against its application to certain companies this summer. (CNA/EWTN News) - The rules create a new way for non-profit groups to ... continue reading


BEEN THERE: Attorney General Eric Holder shares personal experiences while in Ferguson Watch

Image of Attorney General Eric Holder shakes hands with Bri Ehsan, right, following his meeting with students at St. Louis Community College Florissant Valley.

By Catholic Online (NEWS CONSORTIUM)

In Ferguson, Missouri to investigate the officer-involved shooting of teenager Michael Brown, Attorney General Eric Holder shared personal stories of his own encounters with racial discrimination. "I am the Attorney General of the United States, but I am also a ... continue reading


One percent? Try the MORE THAN A THIRD in U.S. who rely on Welfare Watch

Image of Back in the

By Catholic Online (NEWS CONSORTIUM)

Back in the "Occupy Wall Street" days, protestors rallied around the concept of the United States' "One Percent," which referred to the people with power in the U.S. government. On the other side of the coin, more than ONE THIRD of all U.S. households are now ... continue reading


SMILE FOR THE CAMERA! Texas Governor Rick Perry cheerfully turns himself in Watch

Image of Under duress, Texas Governor Rick Perry maintained an upbeat and positive attitude. Arriving at the Travis County courthouse in Austin for booking and fingerprinting, Perry gave a warm smile for his mug shot.

By Catholic Online (NEWS CONSORTIUM)

Under duress, Texas Governor Rick Perry maintained an upbeat and positive attitude. Arriving at the Travis County courthouse in Austin for booking and fingerprinting, Perry gave a warm smile for his mug shot. He's charged with felony corruption charges ... continue reading


HIDDEN FROM VIEW: President Obama renders decision largely in private, despite claims of transparency Watch

Image of Facing charges of executive overreach, to allegations that he is presiding over opaque policy-making, U.S. President Obama has been making decisions typically behind closed doors

By Catholic Online (NEWS CONSORTIUM)

Facing charges of executive overreach, to allegations that he is presiding over opaque policy-making, U.S. President Obama has been making decisions typically behind closed doors. Unilateral action on such issues as immigration, gay rights and tax policy has ... 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, Jeremiah 20:7-9
7 You have seduced me, Yahweh, and I have let myself ... Read More

Psalm, Psalms 63:2, 3-4, 5-6, 8-9
2 Thus I have gazed on you in the sanctuary, seeing ... Read More

Gospel, Matthew 16:21-27
21 From then onwards Jesus began to make it clear to ... Read More

Reading 2, Romans 12:1-2
1 I urge you, then, brothers, remembering the mercies ... Read More

Saint of the Day

Saint of the Day for August 31st, 2014 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