Editor, Manteca Bulletin,
Do you own a home or rental property? If so, get ready for sticker shock if you sell said property after Dec. 31, 2012. Because of regulations attached to ObamaCare, all real estate transactions will be charged a 3.8% tax. That is $3800 on the sale of a $100,000 home that you will not receive. That is $7600 that you won’t receive on the sale of a $200,000 home. If you want to downsize, better do it soon. They know ObamaCare can’t support itself so the homeowners, middle-class workers, will be responsible.
Are you receiving MediCare? Get ready to get nailed. By 2014 the premiums will be $247/month. Both you and your wife on MediCare, $494/month. Premium for 2013 is $120/month, this year it is $104/month. Remember what Obama said about keeping your own doctor? He just didn’t tell you that you could keep your doctor as long as you could afford the increased premiums. This will force you to sign up for ObamaCare.
Check around. The only doctors that support ObamaCare are those that belong to the American Medical Association, which is about 15% of all doctors. Of the other doctors out there some 24% say they will retire if it is not repealed.
Check the above information and then decide if you want a Third-World medical health plan or what we have now.
March 19, 2012