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28 July 2009 | 6 replies
:cool: A view at the numbers…Democrat Health “Reform†By the NumbersJuly 20, 2009—UPDATEDHere is a compiled a list of important numbers relevant to the House Democrats’ 1,018-page “America’s Affordable Health Choices Act:â€114 million—Number of individuals who could lose their current coverage under the bill, according to non-partisan actuaries at the Lewin Group4.7 million—Number of jobs that could be lost as a result of taxes on businesses that cannot afford to provide health insurance coverage, according to a model developed by Council of Economic Advisors Chair Christina Romer$818 billion—Total new taxes on individuals who cannot afford health coverage, and employers who cannot afford to provide coverage that meet federal bureaucrats’ standards$1.28 trillion—New federal spending in the next ten years, according to a Congressional Budget Office score of selected elements of the bill.6%—Percentage of all that new spending occurring in the bill’s first three years—representing a debt and tax “time bomb†in the program’s later years that will explode for future generations$88,200—Definition of “low-income†family of four for purposes of health insurance subsidies33—Entitlement programs the bill creates, expands, or extends—an increase from an earlier draft53—Additional offices, bureaus, commissions, programs, and bureaucracies the bill creates over and above the entitlement expansions—also an increase from the discussion draft1,683—Uses of the word “shall,†representing new duties for bureaucrats and mandates on individuals, businesses, and States—and an increase of 306 mandates from the discussion draft$10 billion—Minimum loss sustained by taxpayers every year due to Medicare fraud; the government-run health plan does not reform the ineffective anti-fraud statutes and procedures that have kept Medicare on the Government Accountability Office’s list of high-risk programs for two decadesZero—Prohibitions on government programs like Medicare and Medicaid from using cost-effectiveness research to impose delays to or denials for access to life-saving treatments2017—Year Medicare Hospital Insurance Trust Fund will be exhausted—a date unchanged by the bill, which re-directs savings from Medicare to fund new entitlements for younger Americans$2,500—Promised savings for each American family from health reform, according to then-Senator Obama’s campaign pledge—savings which the Congressional Budget Office has confirmed will not materialize, as the bill will not slow the growth of health care costs
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29 July 2009 | 0 replies
It is the Government's role to ensure you have a fair chance to earn the money to purchase these things, and more.With regards to all this Bailout Money and Stimulus, it is a complete waste of tax payer dollars.
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2 August 2009 | 9 replies
Oh, and the true cost per cart to taxpayers will probably be 20k per car, if not higher...
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14 September 2009 | 8 replies
Technically, which means contractually (on paper), the Qualified Intermediary must acquire the relinquished property from the taxpayer and then sell to the buyer, and then acquire the replacement property from the seller and transfer to the taxpayer in order to have a successful and valid 1031 Exchange.
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7 August 2009 | 31 replies
I don't see the use in comparing the greatest country in the world to other countries.You didn't dispute the fact of what the program is doing but you do seem to think that somehow printing more money, giving the bill to the tax payers and throwing away running cars is a good thing.
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23 August 2009 | 33 replies
I'd like to think there is a reform option that will allow health care to be affordable for everyone without incurring additional cost to the taxpayer.
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12 September 2009 | 11 replies
(CIC) plans to invest soon in U.S. taxpayer subsidized investment funds of toxic mortgage-backed securities, which it sees as a safer bet than buying into the Federal Reserve's Term Asset-Backed Securities Loan Facility (TALF).
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25 September 2010 | 12 replies
Can a taxpayer claim the first-time homebuyer credit if the purchase is pursuant to a seller financing arrangement (for example, a contract for deed, installment land sale contract, or long-term land contract), and the seller retains legal title to secure the taxpayer's payment obligations?
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9 June 2010 | 9 replies
However, there are certain circumstances, which require the taxpayer to claim the entire income amount.
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19 April 2010 | 6 replies
Tax payers are out about $45K per home sold.