High-income traders are hit with ObamaCare’s 3.8% Medicare tax on investment income

Quote from badvestor:

Medicare is peanuts compared to the monies wasted in militarily exporting our version of corporate controlled democracy. Taxpayers continue to be bent over for Trillions in black military funding. With military spending you get squat, at least with medicare you get a proctologist to look up your ass as the govt rapes it. (And don't give me the bs how all that black hole military spending is protecting my freedoms, because it isn't. Go wave the flag somewhere else)


You gotta bring race into this bro? What does it matter if the military is black?
 
Quote from Free Thinker:

you aint too bright. medicare is a good deal even as a trade. i make a small investment. in exchange i will be guaranteed some kind of healthcare in my old age.
i will say this. even if you are not required to it is foolish to not find a way to pay in enough to qualify for minimum medicare benefits.

In addition, thousands of people with suspicious-to-ridiculous "disabilities" get on the SS dole and are eligible for Medicare within 2 years. The number of them has grown exponentially the last few years...maybe it's because of judges like this:

http://online.wsj.com/article/SB10001424052748704681904576319163605918524.html

No reason for traders or anyone else to contribute a dime more for that.
 
Quote from badvestor:

Medicare is peanuts compared to the monies wasted in militarily exporting our version of corporate controlled democracy. Taxpayers continue to be bent over for Trillions in black military funding. With military spending you get squat, at least with medicare you get a proctologist to look up your ass as the govt rapes it. (And don't give me the bs how all that black hole military spending is protecting my freedoms, because it isn't. Go wave the flag somewhere else)

http://en.wikipedia.org/wiki/Red_herring

Pentagon/military waste is a different issue. The whole "Issue X doesn't matter because I think we spend more on Issue Y" is an example of uncritical thinking at its worst.
 
I've witnessed older-generation family members on Medicare enjoy carte-blanche health care spending - sometimes augmented by supplemental care - for their extended lives.

Medicare probably spent over $100,00 per year on a few of them, while they lived those last few years with illness. Is that feasible in the future for close to 50 million Americans over age 65? Can Medicare afford to pay out half a trillion a year?

Will there be government health care rationing, formally or informally? In my wife's home country of Finland, there is free health care, but you have to wait a long time for it at times, and they can be very stingy.

Will government health care be like public schools? In some big cities, those who can afford to, send their children to private schools. Will we have health care coverage for the masses and private health care coverage for those who can afford it?

Medicare is currently a good deal for many, who pay in far less then gets paid out on their account. But, for the upper income, Medicare is now an expensive and risky deal in my view.
 
Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery."

-- Winston Churchill

These are possibly the 5 best sentences you'll ever read:



1. You cannot legislate the poor into prosperity, by legislating the wealthy out of prosperity.

2. What one person receives without working for, another person must work for without receiving.

3. The government cannot give to anybody anything that the government does not first take from somebody else.

4. You cannot multiply wealth by dividing it.

5. When half of the people get the idea that they do not have to work because the other half is going to take care of them; and when the other half gets the idea that it does no good to work, because somebody else is going to get what they work for, that is the beginning of the end of any nation.

Unfortunately, most voters don't know this.
 

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Quote from badvestor:

The issue replied to was government spending. Reading comprehension issues?

Subject was SS and Medicare. You brought up the red herring of defense. Reading comp (as well as projection) issues are yours.
 
Quote from Free Thinker:

you aint too bright. medicare is a good deal even as a trade. i make a small investment. in exchange i will be guaranteed some kind of healthcare in my old age.
i will say this. even if you are not required to it is foolish to not find a way to pay in enough to qualify for minimum medicare benefits.

Typical very selfish liberal thinking. I get a lot so it is great...

Medicare/endless welfare in general is absolutely destroying America due to the endless greed and selfishness of liberals.
 
Not likely to happen as there is a reason for pain and suffering. Best to pray for the will to live a healthy lifestyle.

Quote from badvestor:

One can always pray to the Lord to cure all ailments.
 
Nice post. I agree with everything except the last sentence. Unfortunately, most voters DO know this and this is the reason Obama will be re-elected.

Quote from eurotrasher:

Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery."

-- Winston Churchill

These are possibly the 5 best sentences you'll ever read:



1. You cannot legislate the poor into prosperity, by legislating the wealthy out of prosperity.

2. What one person receives without working for, another person must work for without receiving.

3. The government cannot give to anybody anything that the government does not first take from somebody else.

4. You cannot multiply wealth by dividing it.

5. When half of the people get the idea that they do not have to work because the other half is going to take care of them; and when the other half gets the idea that it does no good to work, because somebody else is going to get what they work for, that is the beginning of the end of any nation.

Unfortunately, most voters don't know this.
 
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