In the recent past, I’ve been saying that the purpose of Obamacare is to help cause the economic collapse of the United States, allowing Obama to declare martial law and assume official dictatorial rule. That still may be one of the main goals behind Obamacare, but there is another goal behind it that is just as insidious.
Obamacare is a huge tax increase without being a tax increase. Allow me to explain.
Yes, we all know about the hidden taxes in Obamacare on medical equipment and other things, but the real tax increase is the IRS penalty. Even before the Supreme Court ruled that the individual mandate was legal because it was a tax, Obama and the Democrats saw the penalty as a huge cash influx into the US Treasury.
There were many experts that warned the administration that Obamacare would cause the price of health insurance to skyrocket and that millions of Americans would not be able to afford health insurance. Obama, Reid and Pelosi knew this before the bill was ever presented to Congress for debate.
The Democrats knew that the American people would not approve of raising their taxes by hundreds to thousands of dollars each year, so they devised a way to hide it in a national socialized health program instead. They initially hid it as a penalty and not a tax so the people would not think of it as a tax.
Due to the strict restrictions for grandfathering existing health plans, it is estimated that 16 million Americans will have their policies cancelled before the end of 2014. Over a million have already been cancelled. Already many of these people are finding that the policies available to them under Obamacare are considerably more expensive than their cancelled plans were. I doubt if half the 16 million people will actually purchase a new plan because of the outrageous cost.
Then there are the 30+ million Americans that did not have health plans prior to the Obamacare signup. First ask yourself why so many Americans were uninsured and the overwhelming answer is cost. If they couldn’t afford the cost prior to the Obamacare prices, what makes you think that they will be able to purchase policies now?
I’m estimating that half of the 16 million who lost their policies decide they can’t afford to replace them under Obamacare. Add that to at least 20 million of the uninsured Americans and you have an estimated 28-30 million Americans that will be paying the penalty tax to the IRS. The first year, that could net the government up to $3 billion in just tax penalties. The second year that amount could increase to $9.75 billion or more. The third year it more than doubles to over $20 billion, from just tax penalties.
Don’t forget to add all of the hidden taxes in Obamacare on medical equipment, income, etc. that could easily add up to over $2,000 in additional taxes for many Americans. If it only affected 20% of Americans, that would still generate another $125.6 billion of tax revenue. These estimates are way on the conservative side and the real tax revenue generated by Obamacare will most likely be much higher.
Can you imagine if Obama and the Democrats would have come out and proposed a tax hike of over $125 billion to the American people? They would have been stormed at the steps of Congress and the White House. Figures of Obama, Reid and Pelosi would have been hanging and burning in hundreds of cities across the nation. Obama may have been forced to move back to his birthplace in Kenya to escape the wrath of the American people.
How many of your parents have had to hide a pill in your child’s applesauce or mashed potatoes in order to get them to take their medicine? That’s exactly the same thing that Obama, Reid and Pelosi did in order to get us to swallow their hidden taxes. Some of us caught on right away and refused to swallow it, but too many were like the people in Jonestown who listened to Jim Jones and drank the Kool-Aid that was laced with poison. The only difference is that in Jonestown, only 918 people died. With all of the hidden costs of Obamacare, thousands, perhaps millions will die much sooner than they should have if they were able to afford health coverage.