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REAL ESTATE SALES TAX TO GO INTO EFFECT 2013 (Part of HealthCare Bill)

Did you know that if you sell your house after 2012 you will pay a 3.8% sales tax on it? That’s $3,800 on a $100,000 home etc. When did this happen? It’s in the healthcare bill. What does this have to do with health care? What Just thought you should know.

Interesting Note from Congressman John Fleming:

Health Care Reform is Paid for by Cuts to Medicare

In 2010:

• Medicare will cut reimbursements to inpatient psychiatric hospitals.

In 2011:

• Medicare cuts to home health agencies begin.
• Wealthier seniors ($85K/$170K) begin paying higher Part D premiums.
• Medicare cuts begin to ambulance services, ambulatory surgery centers, diagnostic labs, and durable medical equipment.
• Seniors are prohibited from purchasing power wheelchairs unless they first rent for 13 months.
• New Medicare cuts to long term care hospitals begin.
• New Medicare cuts to hospitals and cuts to nursing homes begin (FY12)
• Medicare Advantage cuts begin. Participating seniors will face premium increases, benefit cuts, or both.

In 2012:

• Medicare reimbursements for dialysis treatments are cut.
• Medicare cuts to hospice begin.

In 2013:

• Medicare reimbursements to hospitals that serve low-income seniors will be cut.

WHAT THIS MEANS FOR YOU: When providers get paid less by Medicare for services seniors depend on, many may be forced to decrease their services or close some of their locations just to make ends meet.   This means that seniors may experience a decrease in their access to essential care, which is already a problem for many in rural districts.  The cuts to Medicare Advantage may cause many of these insurance providers to stop offering plans to seniors, forcing seniors back into traditional Medicare.

THE DOCTOR'S DIAGNOSIS: Senior should not have to bear the cost of health care reform. Instead, we need common-sense health reform that will lead to quality, affordable health care, without breaking the bank, or cutting services to seniors.   We need to repeal the bill.

As this process unfolds, I will continue to work to represent you, bring common-sense to this debate, and work to repeal this unpopular law.

Sincerely,

JOHN FLEMING, M.D.
Member of Congress

P.S. If you’d like more information, please take a minute to visit my newly redesigned website at www.fleming.house.gov or follow me on Facebook at www.facebook.com/repjohnfleming or on Twitter at www.twitter.com/repfleming

If this doesen't get to you, then check your pulse. You may be a flatline...


Should you want to verify this, go to http://www.thomas.gov/, enter "HR 3590"
in the search box and look for "CRS Summaries."  This is what you'll find.

Title IX Revenue Provisions—Subtitle A:  Revenue Offset
"(Sec. 9002) Requires employers to include in the W-2 form of each employee
the aggregate cost of applicable
employer-sponsored group health coverage
that is excludable from the employee's gross income (excluding the value of
contributions to flexible spending arrangements)."


Starting in 2011—next year—the W-2 tax form sent by your employer will be
increased to show the value of whatever health insurance you are provided.  
It doesn't matter if you're retired. Your gross income WILL go up by the amount
of insurance your employer paid for. So you’ll be required to pay taxes on a larger
sum of money that you actually received. Take the tax form you just finished for
2009 and see what $15,000.00 or $20,000.00 additional gross income does to
your tax debt. That's what you'll pay next year. For many it puts you into a
much higher bracket. This is how the government is going to buy
insurance for
fifteen (15) percent that don't have insurance and it's only part of the tax increases,
but it's not really a "tax increase" as such, it a redefinition of your taxable income.

Also, go to Kiplinger's and read about the thirteen (13) tax changes for 2010 that
could affect you.

Why am I sending you this? The same reason I hope you forward this to every
single person in your address book. People have the right to know the truth because
an election is coming in November. So vote intelligently, based on your values.  
But also adjust your tax withholding, or increase your savings, so that you aren't
surprised and put in a jam when your federal income taxes are due on April 15, 2012.

Fight organized crime!  Re-elect no one.