Wednesday, September 4, 2013

THE AFFORDABLE CARE ACT - THE REAL STORY


The GOP’s unprecedented attack on the Affordable Care Act – an idea Republicans actually created at the Heritage Foundation in 1989 – is about one thing and one thing only – it’s about the money – it always is!  It’s about the funding mechanism for the law.  US capital gains have been taxed at a measly 15% for years (compare that to your income tax rates!).  Under Obamacare, there will be an increase in the Medicare surtax on these dividend profits from 1.45% to 3.8%.  In addition, if you make more than $250,000 per year, you will pay an additional .9% in Medicare taxes. THAT’S IT FOLKS!  WE’RE TALKING ABOUT A .9% INCREASE IN THE MEDICARE TAX FOR THE WEALTHIEST AMONGST US!  AND WHEN YOU COMBINE THE SURTAX AND THE .9% INCREASE TOGETHER, WE’RE TALKING ONLY THE TOP 1% - THE ULTRA-RICH - THAT WILL BE AFFECTED.  THAT’S WHAT IT’S ALL ABOUT!  Yet, you have to remember these are the same people that have been funding and “running” the GOP for quite sometime. (Does the name Koch brothers ring a bell?)  THEY DON’T WANT YOU TO KNOW THE REAL STORY - GREED.  So, they concoct stories – all untrue - about evil socialism, runaway government, death panels, premium costs skyrocketing, not being able to choose your own doctor – all gulped down by the conservative base hook, line and sinker.  Do some unbiased (meaning non-Fox) research:  understand the benefits like child coverage on parents plan until 26 years of age – women’s healthcare now included as basic coverage - no coverage limits or termination – coverage guaranteed despite pre-existing conditions.  Understand insurance companies must use 80% of premiums toward healthcare – not profits for their stockholders – or be forced to give their customers rebates.  Understand that with 30 million new customers, premium costs are expected to go down and they already have in states that are cooperating with the federal government by implementing the competitive exchanges.  Understand insurance companies will no longer have to pass along the cost of emergency room usage by the uninsured to the rest of us.  Understand that small businesses throughout the country will actually benefit with sizeable tax breaks upon implementation of healthcare for their employees.  Understand that it is the big conglomerates like Walmart – not Main St. - who are threatening job creation by blaming the ACA when, in actuality, it has been their policy to limit employee hours to preclude benefit coverage for years now!  UNDERSTAND THAT FOR THE VAST MAJORITY OF US WHO ARE ALREADY COVERED, THERE WILL BE ABSOLUTELY NO CHANGE IN COVERAGE WHATSOEVER – EXCEPT MAYBE A REDUCTION IN RATES, BETTER GUARANTEED BENEFITS AND AN OCCASIONAL REBATE HERE AND THERE!  GOP doomsayers say it is “now or never” to defund Obamacare.  Well, they are absolutely correct because once the American people know the truth and see the benefits of the program, the top 1% will be forced to kiss a whole .9% more of their income goodbye!