Monthly Archive: April 2014

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Nothing is Certain Except Death and Taxes (and ObamaCare Ain’t Helping)

by Wayne W. Oliver, Executive Director, Patients for Fair Compensation
Originally published in the Atlanta Journal Constitution on April 15, 2014

 

In a 1789 letter from Ben Franklin to Jean-Baptiste Leroy, Mr. Franklin said “… in this world nothing can be said to be certain, except death and taxes.”

Yes, it’s that time of year again. Tax time.

This is second year of what will likely be annual occurrence: increased taxes to pay for ObamaCare.

You see, when the President and Congress “cooked” the budgetary scoring for ObamaCare.  President Obama stated in a joint session of Congress in 2009 that ObamaCare would cost $900 billion over ten years. More specifically, he said, “Now, add it all up, and the plan that I’m proposing will cost around $900 billion over 10 years.”

However, just a few weeks ago, the non-partisan Congressional Budget Office (CBO) has revised its cost projections. At $2.6 trillion, the new price tag is almost three-times more than what president promised.

So how are we going to pay for ObamaCare. You guessed it: Higher taxes. And once again, Ben Franklin was correct. Nothing is certain except death and taxes. (more…)