The tax man cometh so you suckers can pay for the "free health care" – thoughts on these proposals?
— Broaden the 1.45-percent Medicare tax on earned income to “passive income,” which could include money from capital gains, rental properties an...
— Broaden the 1.45-percent Medicare tax on earned income to “passive income,” which could include money from capital gains, rental properties and businesses that do not require direct participation. This could raise 0 billion.
— Levy a five-percent surtax on individuals who earn more than 0,000 and couples that make million.
— Tax health benefits at a higher level than had been considered. Two scenarios are in play. Taxing plans worth more than ,300 for a family and ,300 for an individual could raise 0 billion. Increasing the cut-off to plans worth more than ,000 would bring billion.
— Capping the tax break on itemized deductions at 28 percent, as President Barack Obama had proposed, or freezing the top deduction rate at 35 percent when the Bush tax cuts expire in 2010. The first scenario would raise 8 billion, while the second would collect billion.
— Issue tax credit bonds to pay for the proposed Medicaid expansion, raising billion.
— Charge fees to pharmaceutical manufacturers, bringing in as much as billion, and insurance providers, raising billion.
– Raise taxes on sodas and sugary drinks. A 3-cent hike could pick up billion, and a 10-cent hike could make 0 billion. This one already appears out of favor: Many senators have specifically ruled out the sugar tax, and a Senate Democratic source said it was the one option that was clearly not gaining traction with committee members.
http://www.politico.com/news/stories/0709/24752.html
Most of those proposals look pretty good. If we could actually help pay for health care coverage for all Americans, that would be a good thing. The major concern should be addressing the constantly rising costs of health care and insurance. We need to see proposals directly addressing those issues.
Tax and Spend
EDIT:
"We keep telling you: You are already paying for the people who don’t have health insurance, you are just paying for it badly."
We’re also paying for Medicare/Medicaid/VA/TRICARE/etc. etc. as they undercut hospitals.
Medicare alone is cutting reimbursements by 21% by the end of the year. My g/f took a pay cut and the hospital cut her hours as well. That aside — who pays for hospital’s loss? That’s right my misinformed friend — insurance holders…you and me.
So the million dollar question is who will pay for the spread b/n what the Government reimburses hospitals w/ the new Health Insurance proposal and what hospital bills actually are?
Hmm…
A big part of high health care costs can be directly tied to government health insurance programs in place now.
Here are the real numbers — from our own U.S. Census Bureau:
…According to the US Census Bureau, 17 million of those without health insurance live in households having over $50,000 in annual income. That’s 38% of the uninsured in America.(2)
In fact, 9 million – 20% of the uninsured – reside in households pulling down more than $75K a year. (3)
…And then there are the young invincibles. Over 18 million of the uninsured are people between the ages of 18 and 34. (4) They spend more than four times as much on alcohol, tobacco, entertainment and dining out as they do for out-of-pocket spending on health care.(5) They represent 40% of the uninsured in America.
…14 million people without health insurance are eligible for government health care programs like Medicaid and S-CHIP but choose not to enroll. (7) They represent %31 – nearly one third – of the uninsured in America.
…The U.S. has 12 million illegal immigrants who don’t buy health insurance but still get health care.
…So, how many are truly uninsured? Around eight million. Just 18% of the 45 million that we hear about so often.”
So less then 3% of all Americans are truly uninsured and all you hear about is that the system is a calamity and it needs to be completely replaced by the great socialized medicine.
We keep telling you: You are already paying for the people who don’t have health insurance, you are just paying for it badly.
Yeah. Those are all ideas. And most of them are better then the thousands I’m currently paying for crappy insurance.
Politicians are accountable. They’re called elections. What about CEO’s?? Who holds the CEOs of health insurance companies accountable right now??? Oh that’s right…nobody.
Good or bad, at the end of the day you are the sucker for not realizing that you are already paying for the uninsured and you are paying a premium for their care as a result.
The health insurance industry is spending $1,400,000 per day to lobby Congress to make sure that there isn’t any reform to the system.
That is YOUR money they are using for lobbyists and it is YOUR premiums that went up to pay for it.
Bogus republican sources do not count. Sounds like creative editing by Sean Hannity.
obama might have to tax air and nookie .demo already tried to tax nookie in nevada but failed
just give all the Illegals a Work Visa, Document them and Tax them the same as they do us…….
this would bring in a whole lot of Ka Ching……
they already know where they work and live and go to School~~!
The nice thing, in a sad way, is while almost 50% of the population does not pay any income taxes, the things Obamanomics is doing will cost soooo much, he will be forced to tax everybody one way or another.
Most of the new stealth taxes affect the 50% that pay no tax at all in a higher % than the evil wealthy lol. Like the Cap and Tax bill, that alone will raise the cost of almost everything we purchase. The increase cost of manufacturing and transportation will be felt. Not to mention the lost job ripple effect.