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#3373870 - 09/25/13 12:19 PM Obamacare tax penalties for married couples
Crappie Luck Moderator
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Registered: 01/29/03
Posts: 60528
Loc: Smith Co.

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I covered two of them in my previous PJM column. The first is that, when combined with Uncle Sam’s current income and payroll tax regimes, the gradual expiration as income increases of Obamacare’s “tax credits” — which Kaiser’s model schizophrenically describes as “government tax credit subsidies” — will raise the portion of income taken by the government for each additional dollar of earnings to between one-third and one-half, effectively taxing most American workers at marginal rates usually limited to the planet’s highest income earners. The second is that its subsidy “cliffs” will cause middle-aged single people and married couples making as little as $45,960 and $62,040, respectively, to lose over $10,000 in subsidies — or “tax credits,” in the preferred language of OFA and the U.S. Supreme Court’s — when they earn just one additional dollar. These bugs, which jubilant “progressives” as seen above apparently believe are features, will crush incentives to work and to otherwise pursue financial self-improvement.



Lots of crazy info here. http://pjmedia.com/blog/the-wedding-tax/?singlepage=true

We are screwed.
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#3373873 - 09/25/13 12:20 PM Re: Obamacare tax penalties for married couples [Re: Crappie Luck]
Crappie Luck Moderator
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Registered: 01/29/03
Posts: 60528
Loc: Smith Co.

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Now would be a good time to congratulate the Homo's on their marriage victory \:\)
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--Voltaire

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#3373980 - 09/25/13 01:22 PM Re: Obamacare tax penalties for married couples [Re: Crappie Luck]
sgtwebb1
14 Point


Registered: 08/06/00
Posts: 9621
Loc: Ooltewah/Harrison TN, USA

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Yeah, "gay marriage".
What a joke.
Queers are more promiscuous than rabbits.
Make them jump thru the exact same hoops regarding divorce, alimony, child support, taxes, and everything else they now have no worries with, the bunny humpers will rapidly want to give their new "rights" back.
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#3374919 - 09/26/13 08:22 AM Re: Obamacare tax penalties for married couples [Re: sgtwebb1]
de novo
10 Point


Registered: 07/21/08
Posts: 4028
Loc: Middle TN

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Speaking of gay marriage, here's our former Republican Prez making a spectacle of a gay marriage recently. He calls it a private moment but allows the "couple" to have him officially witness the event and capture his approval on film for social media.

http://usnews.nbcnews.com/_news/2013/09/...ex-wedding?lite
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#3375513 - 09/26/13 02:56 PM Re: Obamacare tax penalties for married couples [Re: de novo]
Hunter 257W
10 Point


Registered: 10/04/12
Posts: 2934
Loc: Franklin County

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I saw that article. Very dissapointing. Hard to believe how fast it has become taboo to say being gay is wrong. Sounds like George W. Bush is still convinced that it is wrong by his declining to commment. Likely out of respect for his Father.

Well, regardless of what the majority says, it is wrong.

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#3375638 - 09/26/13 04:51 PM Re: Obamacare tax penalties for married couples [Re: Hunter 257W]
de novo
10 Point


Registered: 07/21/08
Posts: 4028
Loc: Middle TN

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 Originally Posted By: Hunter 257W
Sounds like George W. Bush is still convinced that it is wrong by his declining to commment. Likely out of respect for his Father.


So far his mom, dad, daughters, wife, and vice president have come out in support of it. I'm not sure of his present leanings but I would hope a principled leader would speak out about moral issues regardless of holding a current office.
_________________________
“Reality is what continues to exist whether you believe in it or not.” 

“The further a society drifts from truth the more it will hate those who speak it.”

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#3377269 - 09/27/13 08:48 PM Re: Obamacare tax penalties for married couples [Re: de novo]
Super8
8 Point


Registered: 07/15/12
Posts: 1452
Loc: USofA

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Married couples have been penalized Year after Year and it does not surprise me the assault continues.
Especially if you do not have children.

They have never made it a tax benefit to be married and operate like a normal family. They actually promote the opposite with the tax laws.
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#3378662 - 09/29/13 06:34 AM Re: Obamacare tax penalties for married couples [Re: Super8]
Steverino
6 Point


Registered: 07/01/13
Posts: 527
Loc: Giles Co

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Very true SS income became taxable years ago, thanks to RIPublicans and William Jefferson CLinton / AL Gore all champions of the middle class.

Each year I get to write a check to the government for my wife's social security disability income. Isn't that special.

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#3383400 - 10/01/13 07:41 PM Re: Obamacare tax penalties for married couples [Re: Steverino]
redblood
16 Point


Registered: 01/22/06
Posts: 14467
Loc: Lewisburg

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we have hadn't had a President since Reagan.
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#3383903 - 10/02/13 05:16 AM Re: Obamacare tax penalties for married couples [Re: redblood]
a retrohillbilly
6 Point


Registered: 09/16/09
Posts: 539
Loc: middle tn

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There is little to no outcry from the public on the healthcare law, most have no idea what it even does.
It is the single most destructive law in our lives. Job killer, growth killer, on the backs of young people who will bear the brunt. Get everybody on the big subsidies there will be no turning back until it collapses and the gubmnt takes over all health care.
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