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Author: Jim2B Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 137263  
Subject: Re: I'm confused. Date: 10/6/2012 12:51 PM
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Ok, just wanted to make sure I'm clear - Romney will raise taxes.

Apparently you are not clear.

Obama has raised taxes (those increases have not yet taken effect) and must raise them again (I think the health care bill has approximately 43 tax increases in it). The increased taxes you pay next year are all Obama's doing and not Romney's.

Romney promises to adjust to tax code. The net of the adjustment will approximately be zero. Some will pay more, some will pay less. If you currently have a high marginal rate and have a lot of non-business deductions, I expect you will likely pay more (this is NOT typical of someone already paying AMT).



Now you are claiming that because you personally might pay more in taxes, that Romney's plan is a "tax increase". Yet out of the other side of your mouth you claim Obama isn't raising taxes.

Obama's plan IS A TAX INCREASE for everyone (rich, middle class, and poor)! Marginal rates go up, there are fewer deductions and credits, and there are entirely new taxes to be paid (such as medical device taxes).


If you are worried about paying more in taxes, you will certainly do better under Romney than Obama regardless of how much you earn.


As for Obamacare improving your situation...
I beg you, please check some facts before spouting the democrat party line. Check how such plans affected the medical profession in Massachusetts and Washington. Increased wait times, decreased quality of care, increased cost of insurance, decreased pay to service providers (such as yourself).

Please do NOT take my word on this. Ignore the democrats and republicans for a while and go educate yourself. You are seriously about to screw yourself worse than you can possibly imagine.

Imagine having to pay more in taxes and malpractice insurance and ONLY medicare patients and try to earn a living. This is what you are about to do. Also remember that most employees and companies will cease buying insurance so even more people will come to you with none.
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