Dr. Ben Carson, a nationally known Baltimore surgeon discusses the problems of Obamacare and his ideas on health care reform.
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Dr. Carson’s comments on Obamacare are enlightening, especially his opposition to the over-reach of the Federal government into health care. In a few short weeks, it’s time to pay the piper and Americans start to pay taxes to fund Obamacare, regardless of what happens with the Bush-era tax cuts. These taxes were already approved with the new law and most people are just coming to understand they are about to be implemented. High income Americans will be hit first, with a new 3.8% tax on the smaller of modified adjusted gross income or net investment income (married filing joint of more than $250,000 income and $200,000 for single filers). The second increase on high-wage earners is a 0.9% surtax on earned income–wages, compensation and self-employment income, at these same income levels. The increase effectively raises the employee portion of the Medicare tax from 1.45% to 2.35%.
Many other aspects of Obamacare are already being implemented or will be shortly, so there is much more to come, including government exchanges that will tell you which insurance companies you can buy from (being implemented in VT and DC soon), and we’ve all heard about being fined for opting not to buy or provide health insurance.