1400 US households to receive 3.8 billion tax cut if ACA overturned

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1400 US households to receive 3.8 billion tax cut if ACA overturned

Post by PainRack »

https://www.google.com/amp/s/www.cnbc.c ... eport.html
The nation's top 0.001%, the 1,409 U.S. households with annual incomes over $53 million, would receive a combined $3.8 billion in tax cuts if the law is overturned, according to the report.

That's because overturning Obamacare would eliminate several taxes that were imposed to help pay for the law's expansion, including a 0.9% Medicare tax on single Americans who earn more than $200,000 a year or couples who make $250,000, the report said.

A ruling against the health law would also eliminate a 3.8% Medicare surtax on net investment income for high-income filers — $200,000 for single filers and $250,000 for joint filers.
Remember ,it's all about the money.
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Re: 1400 US households to receive 3.8 billion tax cut if ACA overturned

Post by Raw Shark »

A healthy society is a productive society. Fewer sick days means more work put in by the people who slave away to make the rich fuckwads rich.

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Re: 1400 US households to receive 3.8 billion tax cut if ACA overturned

Post by Broomstick »

A few years ago I would have said the super-rich don't care because if the native-born drop dead from overwork and lack of medical care they'd just import more people. But with the anti-immigrant stance of the current administration I don't think that would work.

I'm beginning to think they're just clueless, a bunch of folks squabbling about the quality of the gilt edging on the deck chairs of the Titanic
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Re: 1400 US households to receive 3.8 billion tax cut if ACA overturned

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Why would they need to import more people when everything is being automated? Nobody's had the balls to propose forcibly sterilising anyone who doesn't graduate highschool yet, but it's probably only a matter of time.
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Re: 1400 US households to receive 3.8 billion tax cut if ACA overturned

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I don't think a high school diploma is the cut off point anymore - I'm working in a retail big box store and easily half or more of us worker-bees have a four-year degree. The educated are being rendered obsolete as well as those who didn't finish high school.
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Now I did a job. I got nothing but trouble since I did it, not to mention more than a few unkind words as regard to my character so let me make this abundantly clear. I do the job. And then I get paid.- Malcolm Reynolds, Captain of Serenity, which sums up my feelings regarding the lawsuit discussed here.

If a free society cannot help the many who are poor, it cannot save the few who are rich. - John F. Kennedy

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Re: 1400 US households to receive 3.8 billion tax cut if ACA overturned

Post by MKSheppard »

Zaune wrote: 2019-11-14 11:47am Why would they need to import more people when everything is being automated?
Votes.
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Re: 1400 US households to receive 3.8 billion tax cut if ACA overturned

Post by Straha »

MKSheppard wrote: 2019-11-14 07:28pm
Zaune wrote: 2019-11-14 11:47am Why would they need to import more people when everything is being automated?
Votes.
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Re: 1400 US households to receive 3.8 billion tax cut if ACA overturned

Post by LaCroix »

Broomstick wrote: 2019-11-14 02:16pm I don't think a high school diploma is the cut off point anymore - I'm working in a retail big box store and easily half or more of us worker-bees have a four-year degree. The educated are being rendered obsolete as well as those who didn't finish high school.
It is and always has been a question of 'what diploma'. For example, a US high school diploma would not be considered acceptable for university enrolment in Germany, it is considered to be equivalent of an 10th year (we call it 'Middle school' ) diploma. You need to have pretty high SAT or ACT results in order to be considered equivalent to a standard German high school diploma.

A lot of kids are being dragged through high school these days without really being qualified in anything.
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Re: 1400 US households to receive 3.8 billion tax cut if ACA overturned

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Zaune wrote: 2019-11-14 11:47am Why would they need to import more people when everything is being automated? Nobody's had the balls to propose forcibly sterilising anyone who doesn't graduate highschool yet, but it's probably only a matter of time.
My genetic mother was only 15 years old. Probably terrified, carrying twins. That doesn't make her a bad person.

Being a bad person is our job. My sister and I have... done some bad things. But it's not our mothers' fault.

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Re: 1400 US households to receive 3.8 billion tax cut if ACA overturned

Post by Zaune »

If my post caused you or anyone else to believe I was even remotely okay with forcible sterilisation in any circumstances short of "this woman's life would be in danger if she tried to carry a child to term but she lacks capacity to give consent to the procedure due to disability and/or mental illness", I am sincerely sorry.
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Re: 1400 US households to receive 3.8 billion tax cut if ACA overturned

Post by Raw Shark »

No worries. Our extremely Catholic genetic mother unleashed two tornadodos of destruction upon this Earth. But that's on her. Lil' Sis and I do what we're gonna do. I can pretend to be all ethical in some ways, but when we get together... Well. We share the same sense of humor.

"Do I really look like a guy with a plan? Y'know what I am? I'm a dog chasing cars. I wouldn't know what to do with one if I caught it! Y'know, I just do things..." --The Joker
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