WSJ Chief Economist: 75% of all ObamaCare taxes impact those who make less than $120,000 a year (video)

“It’s a big punch in the stomach to middle class families.” – Stephen Moore, WSJ Chief Economist

Via Human Events:

Take Your Medicine, America…
Stephen Moore, Senior Economics Writer with the Wall Street Journal, told FOX and Friends this morning that nearly 75% of Obamacare costs will fall on the backs of those Americans making less than $120,000 a year.

It is true and the CBO confirmed it:

Jim Hoft comments on the following video where the White House Chief of Staff was trying to lie about the Supreme Court ruling, and then lied about it being some form of tax. So Fox News’ Chris Wallace played the audio from Obama’s Lawyer in the Supreme Court saying it is a tax. It is clear that the Obama Administration plan is to lie about ObamaCare and lie about the tax.

In the video below the White House calls those who pay the penalty tax “free riders”, because they will have to pay because of all of the new taxes ObamaCare puts on health insurance and care which will price health insurance out of the reach of the young and the working lower middle class. They are not the free riders, the young and working poor/middle class aren’t getting anything, they are the ones who are PAYING! The free riders are the few who will get their health insurance subsidized in part from that money paid. They are the free riders because they are getting at least a part of their insurance paid for by others who are forced to pay the penalty because they can’t afford health insurance any longer under ObamaCare mandates and taxes which are already causing rates to skyrocket.

Jim Hoft:

Democrats told us Obamacare was not a tax.
Then they argued in front of the Supreme Court that it was a tax.
Now they want to tell us again that Obamacare is not a tax.

Jack Lew, the Obama White House Chief of Staff, was trying to persuade Chris Wallace on FOX News Sunday that Obamacare was not a tax. But it didn’t work out so well for Lew when Wallace played audio of the Obama lawyer arguing that Obamacare was a tax in front of the Supreme Court.

Lew was stunned after being caught in the lie.

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About Chuck Norton

I write about politics, education, economics, morality and philosophy.
This entry was posted in 2012 Primary, Dirty Tricks, Econ, Health Law, Obama, True Talking Points and tagged , , , , , . Bookmark the permalink.

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