Do You Remember What Pelosi Said

Posted: September 27th, 2010 | Author: Dr. Bill Stillwell | No Comments »

That question is fairly broad, but the answer to it is tacked up on
my bulletin board. The soon-to-be House Minority Leader said, “We
have to pass the bill (Health Care Reform) so that you can find out
what’s in it.”

Let me repeat that: “We have to pass the bill so that you can find
out what’s in it.”

Now, one of the President’s and his chief promoters’ (Reid and
Pelosi) big lies… was that there would be no tax increase on the
middle class. When the Bush tax cuts expire on December 31st, that
will be only the first of the tax increases foisted on the public.

Many new taxes are hiding in the 2,800 page bill, which is of course
why the Democrats didn’t want anybody to read it. The President
said, time and again and again, that the public just had the wrong
perception of what he was trying to do.

Here’s a tax the Democrats didn’t tell anyone about.

Starting in 2013, there will be a 3.8% tax on all income from home
sales and rental property. This could end up costing you quite a bit
of your money and it applies to more than just houses. It is a tax
on “unearned income,” which is any income you receive for which you
are not directly working.

This includes interest you receive on a savings account, dividends
from stocks, rental income from a property you own, social security
income, unemployment checks, child support and income you make from
selling your home.

The Democratic hypocrisy here is breathtaking. Let’s see about
savings accounts…for instance.

The government is basically lending banks money now, at 0% interest.
Banks are paying you 2% on your money (I’m using round figures,
here.) Let’s say you have 100K in a savings account, at 2%. (Oh, I
forgot to tell you that banks can, and are, making substantially
more for lending out your money.) They are also charging extremely
high fees for everything they do. Then…they don’t have to pay the
government anything for lending them large sums of money and, as a
result, they are making truckloads of cash, for which they aren’t
paying anything.

So who gets taxed? You do. You’ll owe the government an additional
3.8% of any money the bank pays you.

If you sell your house for $300K, you automatically qualify as rich,
even though you might be selling one house, to pay for another and
might have the money all of one day. This tax money goes directly to
large pharmaceutical companies and health conglomerates. (Hey…
weren’t these the evil bastards Obama was going to bring down?)

What is going on here is another Democratic scam, or money transfer.
The Democrats are stealing from the middle class, to give money to
the very rich.

How do you beat the system? Stop working, stop taking care of
yourself and let everybody else pick up the tab. That’s the Obama
way. And by the way, there is no guarantee you’ll get the benefits
Obama promised. They’ll have to be reviewed by a bureaucrat, to see
if you’re worthy of care, or you should just die, making everything
simple.

And then, the government will want 55% of whatever you have left.

The late Bill Buckley said he would rather be governed by the first
535 names in any phonebook, rather than by a Democratic Congress…
and he was right.

It’s no wonder the Democrats did this bill in secret. Now, we can
only hope for it’s repeal.

In the mean time, watch what you eat, get some exercise, some
sunshine and take my Powerhouse Omega Formula:

https://www.favoriteformulas.com?awt_l=GnZNU&awt_m=1gsEO7zzLYz2rW

It just may keep you out of the doctor’s (government’s) office.

I’ll be back tomorrow with more.

With my best wishes for your optimum health,

Dr. Bill

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