"The propitious smiles of Heaven can never be expected on a nation that disregards the eternal rules of order and right that Heaven itself has ordained" - President and General George Washington

"And now that the legislators and do-gooders have so futilely inflicted so many systems upon society, may they finally end where they should have begun: May they reject all systems, and try Liberty; for Liberty is an acknowledgement of faith in God and His works" - Frederic Bastiat

"Freedom is never more than one generation away from extinction. We didn't pass it to our children in the bloodstream. It must be fought for, protected, and handed on for them to do the same, or one day we will spend our sunset years telling our children and our children's children what it was once like in the United States where men were free" - President Ronald Reagan

"If your beliefs are worth dying for then your life is worth living" - Guy Average

Friday, October 30, 2009

Obamacare structure: The taxes start immediately. The coverage starts three years after that.

The reason that the Congressional Budget Office scored The Government Takeover Of Healthcare favorably is that the financial structure of it is unique.  The taxation (or premiums if you want to call it that) start as soon as it goes into effect.  The coverage (actual payment for medical care) starts three years after that. 

From Hot Air:
According to the Joint Committee on Taxation, the government will receive the following revenues in the three years preceding the implementation of this plan (implementation of payment for claims to start in 2013):



•2010 – $8 billion


•2011 – $10.3 billion


•2012 – $10.9 billion
 
From The Cato Institute:

Bill Would Cost More than $2 Trillion
 
I wish my budget could work that way in the world I live in.