Wednesday, May 25, 2011

Is it lawful for Obama to tax health insurance benefits unless employees are union?

Seem to me that Obama is paying back the Unions for GM
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Unions' Health Benefits May Avoid Tax Under Obama Proposal http://bloomberg.com/apps/news?pid=20601070&sid=aDvu77pZr7k4 There's a reason the Obama health care plan is being rushed through Congress this summer -- because the American people would likely never support it if given time to absorb and understand such fine print," as the unions being exempt from any tax increase on any health care benefits provided by their boss. "If the union carve-out isn't sufficient to excite public anger, wait till you hear about the version of the Obama plan prepared by Senator Edward Kennedy, which would specifically exempt Members of Congress from many of its provisions. As the US Office of Personnel Management notes, Members of Congress 'enjoy the widest selection of health plans in the country.' According to page 114 of the Kennedy bill, a similar array of choices would not be available to other Americans in the future. Instead, they would be shunted into health insurance plans under the straightjacket of whatever the government decides is a 'basic' plan." Union workers would be exempt from the Democrat health care tax. So guess what that says to people? Hey, buddy, if you join our union, your health care won't be taxed like everybody else's. "Critics of the Baucus proposal to exempt unions from a health care benefits tax said the exclusion could be used to lure into unions employees who are anxious to avoid the benefits tax." Yes, exactly right. So you continue to throw a bone to the unions of the workers' paradise. Obama is right out of Das Kapital? Obama looks at profit as just surplus revenue that he can grab. The private sector is just an endless pile of money. He can go get it, use it for whatever he wants. I have also said that if you want to understand Obama's economic policy, understand just one thing, and that is he considers his mission to be to return the nation's wealth to its, quote, unquote, rightful owners. Now, if you're familiar with Marx and Das Kapital, the rightful owners of the nation's wealth are the poor and workers, the middle class who are exploited and used and taken advantage of and on whose backs other people get rich. Profit is considered evil. Profit is considered something that's unequal. It's unfair to have a profit and to make one. Look where Unions got G.M. Labor unions are disastrous for American car companies. Labor unions, along with the government regulations, will destroy this country's free capitalism, or what is left of free capitalism. When you restrict what a company can do, and couple that with labor unions demanding outrageous amounts of money for little to no work, you get a bankrupt business. When you bite the hand that feeds you enough, you stop getting fed!
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