Comments on: Major tax increases in the Reid health care bill http://keithhennessey.com/2009/11/18/reid-tax-increases/ Your guide to American economic policy Wed, 17 Mar 2010 19:57:44 -0400 http://wordpress.org/?v=abc hourly 1 By: The Absurd Report » Healthcare Treachery – By Jim Mc http://keithhennessey.com/2009/11/18/reid-tax-increases/comment-page-2/#comment-13891 The Absurd Report » Healthcare Treachery – By Jim Mc Fri, 18 Dec 2009 12:46:43 +0000 http://keithhennessey.com/2009/11/18/major-tax-increases-in-the-reid-health-care-bill-2/#comment-13891 [...] is supposed to be the primary reason for doing this). * It will cost trillions of dollars and impose crushing tax hikes on taxpayers and small businesses in the middle of a severe recession. * What few genuine [...]
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]]> By: Keith Hennessey http://keithhennessey.com/2009/11/18/reid-tax-increases/comment-page-1/#comment-13556 Keith Hennessey Sun, 29 Nov 2009 23:24:25 +0000 http://keithhennessey.com/2009/11/18/major-tax-increases-in-the-reid-health-care-bill-2/#comment-13556 Yeah, I struck this line. Tobacco, too. <div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('13556','Keith Hennessey'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('13556','Keith Hennessey','Yeah, I struck this line. Tobacco, too. '); return false;">Quote</a></div> Yeah, I struck this line. Tobacco, too.
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]]> By: Major tax increases in the Reid health care bill | PowerTowneDistro.com http://keithhennessey.com/2009/11/18/reid-tax-increases/comment-page-2/#comment-13484 Major tax increases in the Reid health care bill | PowerTowneDistro.com Tue, 24 Nov 2009 06:19:54 +0000 http://keithhennessey.com/2009/11/18/major-tax-increases-in-the-reid-health-care-bill-2/#comment-13484 [...] http://keithhennessey.com/2009/11/18/reid-tax-increases/ Share and Enjoy: [...]<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('13484','Major tax increases in the Reid health care bill | PowerTowneDistro.com'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('13484','Major tax increases in the Reid health care bill | PowerTowneDistro.com','[...] http:\/\/keithhennessey.com\/2009\/11\/18\/reid-tax-increases\/ Share and Enjoy: [...]'); return false;">Quote</a></div> [...] http://keithhennessey.com/2009/11/18/reid-tax-increases/ Share and Enjoy: [...]
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]]> By: Ian Duncan http://keithhennessey.com/2009/11/18/reid-tax-increases/comment-page-2/#comment-13446 Ian Duncan Sun, 22 Nov 2009 20:20:25 +0000 http://keithhennessey.com/2009/11/18/major-tax-increases-in-the-reid-health-care-bill-2/#comment-13446 Can someone tell me if Keith's interpretation of Medicare Taxes (Actually the Part A, Hospital Insurance Taxes) is right? Right now I pay 7.65% on income up to the $106,000 phase out, and 1.45% above that level. And, of course the employer match, which makes it up to 2.9% in total. But that is paid without limitation already. So Keith's comments on SS taxes dont seem right. What am i missing??? <div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('13446','Ian Duncan'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('13446','Ian Duncan','Can someone tell me if Keith's interpretation of Medicare Taxes (Actually the Part A, Hospital Insurance Taxes) is right? Right now I pay 7.65% on income up to the $106,000 phase out, and 1.45% above that level. And, of course the employer match, which makes it up to 2.9% in total. But that is paid without limitation already. So Keith's comments on SS taxes dont seem right. What am i missing??? '); return false;">Quote</a></div> Can someone tell me if Keith's interpretation of Medicare Taxes (Actually the Part A, Hospital Insurance Taxes) is right? Right now I pay 7.65% on income up to the $106,000 phase out, and 1.45% above that level. And, of course the employer match, which makes it up to 2.9% in total. But that is paid without limitation already. So Keith's comments on SS taxes dont seem right. What am i missing???
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]]> By: Keith Hennessey http://keithhennessey.com/2009/11/18/reid-tax-increases/comment-page-/#comment-13381 Keith Hennessey Fri, 20 Nov 2009 22:12:01 +0000 http://keithhennessey.com/2009/11/18/major-tax-increases-in-the-reid-health-care-bill-2/#comment-13381 Wow. Nice catch. Thanks. Fixed in the post. This means these taxes are retroactive. <div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('13381','Keith Hennessey'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('13381','Keith Hennessey','Wow. Nice catch. Thanks. Fixed in the post. \n \nThis means these taxes are retroactive. '); return false;">Quote</a></div> Wow. Nice catch. Thanks. Fixed in the post.

This means these taxes are retroactive.

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]]> By: Action Alert: Call your Senators! Health care vote Saturday! « Moderate in the Middle http://keithhennessey.com/2009/11/18/reid-tax-increases/comment-page-2/#comment-13351 Action Alert: Call your Senators! Health care vote Saturday! « Moderate in the Middle Fri, 20 Nov 2009 12:54:32 +0000 http://keithhennessey.com/2009/11/18/major-tax-increases-in-the-reid-health-care-bill-2/#comment-13351 [...] Keith Hennessy on the taxes in the Reid bill: The following is from the Joint Tax Committee estimate of the revenue effects of the Reid bill.  I have listed provisions with major revenue effects (+$20 B / 10 years) and a few others that have significant policy or political impacts.  There are some smaller changes as well, which you can see for yourself in the 3-page document.  All revenue figures are revenues raised over the ten-year period 2010-2019. [...]<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('13351','Action Alert: Call your Senators! Health care vote Saturday! « Moderate in the Middle'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('13351','Action Alert: Call your Senators! Health care vote Saturday! « Moderate in the Middle','[...] Keith Hennessy on the taxes in the Reid bill: The following is from the Joint Tax Committee estimate of the revenue effects of the Reid bill.  I have listed provisions with major revenue effects (+$20 B \/ 10 years) and a few others that have significant policy or political impacts.  There are some smaller changes as well, which you can see for yourself in the 3-page document.  All revenue figures are revenues raised over the ten-year period 2010-2019. [...]'); return false;">Quote</a></div> [...] Keith Hennessy on the taxes in the Reid bill: The following is from the Joint Tax Committee estimate of the revenue effects of the Reid bill.  I have listed provisions with major revenue effects (+$20 B / 10 years) and a few others that have significant policy or political impacts.  There are some smaller changes as well, which you can see for yourself in the 3-page document.  All revenue figures are revenues raised over the ten-year period 2010-2019. [...]
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]]> By: H.R. 3590: The Patient Protection and Affordable Care Act « The Western Experience http://keithhennessey.com/2009/11/18/reid-tax-increases/comment-page-2/#comment-13341 H.R. 3590: The Patient Protection and Affordable Care Act « The Western Experience Fri, 20 Nov 2009 02:03:23 +0000 http://keithhennessey.com/2009/11/18/major-tax-increases-in-the-reid-health-care-bill-2/#comment-13341 [...] House economics adviser and Director of the National Economic Council in 2008, Keith Hennessey, has a nice breakdown of the tax increases, via the [...]<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('13341','H.R. 3590: The Patient Protection and Affordable Care Act « The Western Experience'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('13341','H.R. 3590: The Patient Protection and Affordable Care Act « The Western Experience','[...] House economics adviser and Director of the National Economic Council in 2008, Keith Hennessey, has a nice breakdown of the tax increases, via the [...]'); return false;">Quote</a></div> [...] House economics adviser and Director of the National Economic Council in 2008, Keith Hennessey, has a nice breakdown of the tax increases, via the [...]
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]]> By: HarryCare/PelosiCare/ObamaCare…It’s All a Socialist Trainwreck « The Foxhole http://keithhennessey.com/2009/11/18/reid-tax-increases/comment-page-2/#comment-13338 HarryCare/PelosiCare/ObamaCare…It’s All a Socialist Trainwreck « The Foxhole Thu, 19 Nov 2009 22:51:06 +0000 http://keithhennessey.com/2009/11/18/major-tax-increases-in-the-reid-health-care-bill-2/#comment-13338 [...] http://keithhennessey.com/2009/11/18/reid-tax-increases/ [...]<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('13338','HarryCare\/PelosiCare\/ObamaCare…It’s All a Socialist Trainwreck « The Foxhole'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('13338','HarryCare\/PelosiCare\/ObamaCare…It’s All a Socialist Trainwreck « The Foxhole','[...] http:\/\/keithhennessey.com\/2009\/11\/18\/reid-tax-increases\/ [...]'); return false;">Quote</a></div> [...] http://keithhennessey.com/2009/11/18/reid-tax-increases/ [...]
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]]> By: Spend $848 Billion for Senate Health-Care Plan, but Still Cut Deficits? | Caffeinated Thoughts http://keithhennessey.com/2009/11/18/reid-tax-increases/comment-page-2/#comment-13337 Spend $848 Billion for Senate Health-Care Plan, but Still Cut Deficits? | Caffeinated Thoughts Thu, 19 Nov 2009 22:19:33 +0000 http://keithhennessey.com/2009/11/18/major-tax-increases-in-the-reid-health-care-bill-2/#comment-13337 [...] Economist Keith Hennessey lists the major tax increases we’ll see as a result of the Senate plan: [...]
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]]> By: Ruby Slippers http://keithhennessey.com/2009/11/18/reid-tax-increases/comment-page-2/#comment-13335 Ruby Slippers Thu, 19 Nov 2009 21:22:56 +0000 http://keithhennessey.com/2009/11/18/major-tax-increases-in-the-reid-health-care-bill-2/#comment-13335 <strong>Taxes, Taxes, Taxes: Oh the Joys of Government Health Care...</strong> ...<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('13335','Ruby Slippers'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('13335','Ruby Slippers','<strong>Taxes, Taxes, Taxes: Oh the Joys of Government Health Care...<\/strong>\n\n...'); return false;">Quote</a></div> Taxes, Taxes, Taxes: Oh the Joys of Government Health Care…

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