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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: LindyBill who wrote (493939)	7/2/2012 6:09:43 PM
From: DMaA	Read Replies (1) \| Respond to of 793903

Plenty if money for the mother of all entitlement programs; not a dime to close the $trillion and a half deficit. It's like the whole country has forgotten about the deficit.

To: LindyBill who wrote (493939)	7/2/2012 7:11:25 PM
From: D. Long	1 Recommendation Read Replies (1) \| Respond to of 793903

Romney doesn't want to get tarred and feathered for Romneycare with that tax brush. It's a double-edged sword.

To: LindyBill who wrote (493939)	7/2/2012 7:38:25 PM
From: Brian Sullivan	1 Recommendation Respond to of 793903

To: LindyBill who wrote (493939)	7/2/2012 9:35:59 PM
From: t4texas	Read Replies (1) \| Respond to of 793903

i thought the most effective thing i saw today was joe kernen sitting in for kudlow on cbnc. they ran slowly (when that steve guy from the wsj was starting to talk) a list of the taxes that are contained in the obamacare tax law. it is quite an incredible list. when shown like that i feel sure about 90% of all americans will see a tax that will hit them, and they are not aware of it yet. it is up to romney and his campaign to call up this tax list at every stop. of course the economy is the first thing to talk about, and then he can explain how the obamacare taxes are going to put them even further behind.

To: LindyBill who wrote (493939)	7/2/2012 11:12:58 PM
From: Sr K	1 Recommendation Read Replies (2) \| Respond to of 793903

If a business buys the insurance for its employees, it's a tax deductible expense. If an individual buys the insurance, it's potentially deductible on Schedule A or C. Romney knows this is a deductible expense. There's no place on federal tax returns where you can deduct a federal income tax. so it's clearly not an income tax. End of debate. Those who think it should be called a tax, need to reconcile how businesses will treat it if they have a policy to reimburse employees who get charged the penalty. Some may choose to be subject to it, if that is cheaper or makes financial sense compared to buying insurance. In any event, the deductibility will encourage businesses to participate, and fewer and fewer will "opt" for the penalty. Seems like that was what Congress intended it to encourage.