As we gather together for Thanksgiving, we will likely be faced with political discussions about the affairs of the day with less-than-enlightened friends and family, Herewith, MCV PAC presents a cheat-sheet of fast facts for you to arm yourself for those inevitable knock-down, drag-out battles … er, cordial discussions.
The 9-page fact sheet is presented in a Q&A format as a downloadable PDF file and covers:
* Some Key Info
* Health Care
* National Debt
* Cap and Trade (Carbon Tax and Global Warming)
* Things You Can Do
Look at it …or… download a copy for your own use or handout …or… to file share with others
Bottom line: Analysis shows that your increased tax burden will be from $1300 to $2000 per year. The range depends on whether you are single or married and what forms Cap and Trade, forced healthcare purchases and penalties, and increased national debt/inflation ultimately take. Note that these are taxes that EVERYONE WILL PAY, since many of the taxes will be hidden in goods and services we purchase, or as taxes and fees collected by employers. Remember that the Obama-Biden campaign repeatedly stated that you would not pay one cent more in taxes if you earn less than $250,000 (or $200,000, or $150,000 depending on which speech it was).
Moreover, although allowing the Bush tax cuts to expire is not covered, Bush tax cuts to expire in 2010 will result in the loss of an additional one million jobs!
MCV PAC hopes this arms you for future debates, or at least puts all the facts you need in one convenient document and location. Thank you for all you do to preserve and spread Missouri’s conservative values.
MCV PAC wishes you and your family a safe and happy Thanksgiving.
Below is a list of the tax increases Congress and the Administration have proposed to finance health care reform. This list includes taxes in the bill passed by the House of Representatives, the bill the Senate is currently debating, and other taxes mentioned as a possible way to pay for health care reform. Both house and senate taxes are listed since all are fair game in the final consolidated bill.
An income surtax on taxpayers earning more than $500,000 a year,
An excise tax on high-cost “Cadillac” health insurance plans that cost more than $8,500 a year for individuals or $21,000 for families,
An excise tax on medical devices such as wheelchairs, breast pumps, and syringes used by diabetics for insulin injections,
A cap on the exclusion of employer-provided health insurance without offsetting tax cuts,
A limit on itemized deductions for taxpayers with a top income tax rate greater than 28 percent,
A windfall profits tax on health insurance companies,
A value-added tax, which would tax the value added to a product at each stage of production,
An increase in the Medicare portion of the payroll tax to 3.4 percent for incomes great than $200,000 a year ($250,000 for married filers),
An excise tax on sugar-sweetened beverages including non-diet soda and sports drinks,
Higher taxes on alcoholic beverages including beer, wine, and spirits,
A tax on individuals without acceptable health care coverage of up to 2.5 percent of their adjusted gross income,
A limit on contributions to health savings accounts,
An 8 percent tax on all wages paid by employers that do not provide their employees health insurance that satisfies the requirements defined by the Secretary of Health and Human Services,
A limit on contributions to flexible spending arrangements,
Elimination of the deduction for expenses associated with Medicare Part D subsidies,
An increase in taxes on international businesses,
Elimination of the tax credits paper companies take for biofuels they create in their production process–the so-called “Black Liquor credit,”
Fees on insured and self-insured health plans,
A limit or repeal of the itemized deduction for medical expenses,
A limit on the Qualified Medical Expense definition,
An increase in the payroll taxes on students,
An extension of the Medicare payroll tax to all state and local government employees,
An increase in taxes on hospitals,
An increase in the estate tax,
Increased efforts to close the mythical “tax gap,”
A 5 percent tax on cosmetic surgery and similar procedures such as Botox treatments, tummy tucks, and face lifts,
A tax on drug companies,
An increase in the corporate tax on providers of health insurance, and
A $500,000 deduction limitation for the compensation paid by health insurance companies to their officers, employees, and directors.
MCV PAC believes that instead of rushing through a badly conceived health care bill and raising taxes to pay for it, Congress should focus first on economic recovery by dropping all talk of tax increases and extending permanently the 2001 and 2003 tax cuts. That is the only way to increase the incentives to work, save, invest, and take on new economic risk that will pull the economy out of the “Great Recession” and get unemployed Americans back to work.
Threatening the companies and high income earners that create jobs and employ so many of us is not going to instill confidence in our economy, our freedom to work, our investments, or the future of our country.
Come discuss the upcoming Healthcare Debate in the Senate. We will have several experts discussing how the proposed bill will effect doctors, patients and the insurance industry.
Among the speakers will be local Doctor, and State Representative Rob Schaaf. After the speakers briefly discuss the bill and the changes it will cause they will take questions from the audience.
This is a free event that is sponsored by the MWSU College Republicans and Missourians for Conservative Values PAC.
If you have any questions please contact
Colin Hoffman,
816-261-7884
colinrhoffman@gmail.com
Roy uses the map to infer that congressional districts represented by Republicans are underinsured.
MCVPAC prefers to infer that a majority of the uninsured seem to be along the southern border where the illegal alien population (who coincidentally happen to be uninsured) tends to reside in large numbers.
Northwest Missouri Rep. Sam Graves has announced several listening-tour stops around the 6th district as a part of his “Main Street Matters Listening Tour”. According to a press release on his website, Rep. Graves will be discussing the issues that Congress has dealt with this session, including the Stimulus, Cap and Trade and Health Care Reform. As Ranking Member on the House Small Business Committee Graves has a particular interest in how the Obama/Pelosi policies will affect small businesses in Northwest Missouri.
Graves town hall meetings will most likely prove to be less exciting than the townhalls that have dominated the news cycle lately. This is mainly due to the fact the Sam Graves represents his constituents and their values and has consistently voted against the liberal policies that the citizens of his district strongly oppose. Graves has voted against all of the government bailouts, he voted against Cap and Trade and has vigerously opposed the Democrats healthcare and their “public option” that would lead to the end of private insurance. The list of stops on the listening-tour can be found at http://www.house.gov/list/press/mo06_graves/cont.shtml.
Maybe Missouri’s Claire McCaskill could learn from Graves, if you actually represent your voters they don’t feel like they must yell at you in order to be heard.
The 6th District is very privileged to have a strong representative who stands up for them in Washington. If you attend any of these listening-tour stops, please take time to thank Mr. Graves for his consistent support of Conservative values.
Below is a video showing Rep. Graves defending small business on House Floor last month.
Even with a loaded poll, readers of the St. Joseph News-Press say no to government run health care:
Do you support federal health care reform?
Yes. Things have to change.
41%
No. Keep government out.
58%
The reason MCVPAC feels this poll is biased? The response for ‘Yes’ includes the statement ‘Things have to change’. Most Americans will agree that things have to change, but they believe the federal government should stay out. The poll that should have been conducted is:
Do you support government administered health care?
Yes
No
But no matter how you spin it, people want government out of their lives, especially their health care..