January 22, 2015
Ladies and gentlemen….gather around! I’m about to give you something extraordinarily special. It’s the gift that keeps on giving long after it should have died….but it will NEVER die…as long as there is a liberal in our midst who wakes up every single day believing that government is the end all, be all answer to our problems. As long as somebody out there in the fruited plain truly believes in their heart of hearts that business and corporations are evil and exist just to take advantage of the poor and the down trodden. As long as somebody in government has a breath with which to promote the Republican myth that government is best when it’s smaller, and leave the trouble shooting to private enterprise, where they can make money from it, we are going to be enjoying the fruits of that wonderous legal legacy known to one and all as “OBAMACARE!”
Now, with that in mind (no…I never worked as a carnival barker, nor did I ever sell Ginsu knives at the state fair), let’s take a look at Obamacare’s latest surprise. Because it’s really going to surprise a lot of people.
If you had health insurance last year…this doesn’t apply to you. But read on, it may in the future. If you didn’t have health insurance last year, then listen up. Remember that $95 penalty you’ll have to pay for NOT having insurance? You thought you were going to cheat the system, and pony up less than $100 to escape the ravages of Obamacare, didn’t you? Well, think again my friend. Actually the law says that the penalty the first year is AT LEAST $95 or 1% of your AGI (adjusted gross income), whichever is greater. That means for a couple making about the median income of $50,000, they don’t owe $95. They owe $500. And in 2015, it goes up even higher. A minimum of $325 or 2% of your AGI, whichever is greater.
It’s the latest “Gotcha” in a long list of Obamacare “Gotchas” that are going to suck as much money out of the American public as they possibly can. And it’s causing Democrats to have second thoughts about the bill.
Chuck Schumer, the Democrat senator from New York has already said that they Dems shouldn’t have passed Obamacare, but would have been wiser to fix the economy first. Tom Harkin, the newly-retired Senator from Iowa has also come out and said that they either should have passed Obamacare “the right way” (I’m assuming that’s something not in the dead of night over Christmas weekend?) or we shouldn’t have done it at all. Too bad these people didn’t have these bolt of lightning epiphanies five years ago! They could have saved us bunches of problems…because had just one of those two gentlemen not voted for Obamacare back then, we wouldn’t be discussing it now. And Bobo probably wouldn’t be going down in history as the worst president we’ve ever had. In fact, he probably would have fixed the economy itself with the trillion dollars plus that Obamacare cost, and would have gotten us out of the “Great Recession” a whole lot sooner than….when did it end? Has it ended? Instead, Bobo’s legacy is sealed in cement like a mafia hit being plunged into the East River.
Carry on world…you’re dismissed!
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