I truly believe that Obamacare is meant to be a large new tax to soak the wealthy and the middle class taxpayers.
Obamacare as a "health service" is just nonsense. Every reputable doctor has said that Obamacare is terrible for patients and the health care industry. That's why doctors are retiring and dropping out in droves. Many doctors have also declared that they will only accept cash from now on for their services. The will take absolutely no insurance of any kind! That's actually good news for many people, because then we can simply go to a good doctor, receive good medical care, and pay as we go.
The terrible part for most of us is that in addition to all of the great points that you made, GZ, Obamacare will also soak investors and traders with another very large and brutal tax, making it harder and harder to earn money via investing in equities and trading. To be clear, Obamacare is a MAJOR investment deterrent. I'm confident that I will still make money, but my small trading business will have to hand over even more of it to the government now.
I have an entity set up exclusively as a trading business, and my tax attorney/advisory has warned us in great detail about the large weight that Obamacare will place on trading entities. Who knows how this will ultimately effect trading volume across the major equity markets. Anyway, that's another story, so back to my original point.
Obamacare is simply another large tax, just like Chief Justice "Obamacare" Roberts legislated from the bench. What that son-of-a-bit¢h did from the SCOTUS bench is what the entire U.S. legislature failed to do; declare Obamacare as a tax, which it is! It was unconstitutional for him to do that and highly illegal, but he did it anyway and correctly characterized it when he changed the word "fine" to "tax" and gave it his rubber-stamp. Chief Justice John Roberts; another bought-and-paid-for traitor and another minion in Obama's Muslim Brother hood Administration. -nfg- |
