This Bill is full of new tax hikes that really nobody can afford, if I'm wrong please correct me with a gentle manner
, all taxes are going up and all insurance are going way up, my way of thinking is this is a bail out for the insurance companies, because everybody would have to get insurance and the insurance companies can charge upto 9% of your total income max question is how do they know how much you make , unless they get a copy from the IRS or demand you give them a copy sounds like a socialist to me and the people that can't afford to buy or dont need to will be tax with 2.5% excise tax, and businesses with 8% tax for not providing insurance to employees, there goes the small businesses, they tax you 2.5% and the FED still don't provide you with any insurance, the only way the gov will provide you with insurance if your 4 degree below the poverty line WOW even the people on poverty can't use that money for insurance so what is the money for then? they charging new taxes on everything like new equipment sold for hospitals, charging insurance companies 40% tax if they charge above certain amount, plastic surgeries so on and so on. And this will bring down the stock market for sure they are saying might be taxing 3.8% above what you usually pay taxes on investments/income I'm not sure on this one, but i know for sure I'll be paying extra 1.5% percent more for this bill even if I have insurance, which will kick in for 2011 tax time and the max FED tax bracket will revert to 40%, I might end up paying 45% FED taxes and Californians will end up paying upto 56.6% ouch with State Taxes, if these passes the way it is we might end up with a mass revolt for sure....what do you guys think?