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Old 2012-06-30, 04:35 PM   [Ignore Me] #100
therandomone
Sergeant
 
Re: What a travisty


Originally Posted by Vecha View Post
That's been discussed the other side(conservatives) say it is necessary as you are driving on publicly owned roads.

The healthcare market is not the same in their eyes.
Well, with that logic then as long as you do not use publicly owned roads, state institutions and other things provided by the government then you shouldnt have to pay the tax, if you do decided to use those services though-pay it.

1. Revenue Act of 1942: 5.04 percent of GDP;

2. Revenue Act of 1961: 2.2 percent of GDP;

3. Current Tax Payment Act of 1943: 1.13 percent of GDP;

4. Revenue and Expenditure Control Act of 1968: 1.09 percent of GDP;

5. Excess Profits Tax of 1950: .97 percent of GDP;

And here are the top five tax increases from the "modern" era of 1968-2006:

1. Revenue and Expenditure Control Act of 1968: 1.09 percent of GDP;

2. Tax Equity and Fiscal Responsibility Act of 1982: .8 percent of GDP;

3(t): Crude Oil Windfall Profit Tax Act of 1980: .5 percent of GDP

3(t): Omnibus Budget Reconciliation Act of 1993; .5 percent of GDP;

5: Omnibus Budget Reconciliation Act of 1990; .49 percent of GDP.

Depending on your rounding, that would mean the tax increases resulting from the health care law would be about the size of tax increases proposed and passed in 1980 by President Jimmy Carter, in 1990 by President George H.W. Bush and in 1993 by President Bill Clinton.

The health care-related tax increases are smaller than the tax increase signed into law by President Ronald Reagan in 1982 and a temporary tax signed into law in 1968 by President Lyndon B. Johnson. And they are significantly smaller than two tax increases passed during World War II and a tax increase passed in 1961.


....so we're complaining why again?

Last edited by therandomone; 2012-06-30 at 04:46 PM.
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