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House Plans to Tax Millionaires to Fund Health Care

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TLP Posted: Wed, Jul 15 2009 3:49 PM

July 15 (Bloomberg) -- House Democrats plan to fund the broadest U.S. health-care expansion in four decades by increasing taxes on the wealthiest Americans, imposing a surtax of 5.4 percent on couples with more than $1 million in income.

http://www.bloomberg.com/apps/news?pid=20601087&sid=aUVZeh_GVBYM

 

Here's where I got it from (notice the title)

You're scared of "bureaucrats" who might "ration" your health care? Well. I'm terrified health care costs bankrupting my family. That's reality -- not private insurance industry propaganda.

http://www.reddit.com/r/politics/comments/91fmu/youre_scared_of_bureaucrats_who_might_ration_your/

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DD5 replied on Wed, Jul 15 2009 4:05 PM

We can all dream that the costs that they are proposing turn out to be the real costs.  A 5.4% tax is nothing compared to the true costs that will be impossible to measure due to the new inefficiencies and wealth that will now never come into existence both in health-care and in general.

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nameless replied on Wed, Jul 15 2009 4:45 PM

The politics of envy never fail.

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The demise of what's left of free-market healthcare is the most frightening spectre that we are confronted with in the first world. Deaths from terrorism will be insignificant compared to those caused by a collapse in medical innovation

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TLP replied on Thu, Jul 16 2009 5:50 AM

This is funny: http://motls.blogspot.com/2009/07/eurosocialist-healthcare-system-in-us.html

 

Here is a simplified scheme of the new proposal of the Democrat Party:

Please accept apologies if the simplified scheme eats 100% of your CPU capacity: it is a very small sacrifice for the rosy Democrat future of America. ;-)

 

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Kakugo replied on Thu, Jul 16 2009 8:28 AM

Let's say there are 1.000.000 persons making one million dollar a year in the US. Tax their income at 5,4% and you have 54 billion dollars available, OK? Is this enough to run an universal health care plan? European experience tells no: if Uncle Sam spends, say, 1.000 US $ on each one of its citizens (a very conservative sum given current European expenditures) each year he would need 300 billions a year to break even and expenditures are bound to increase each year as average age increases and costs spiral out of control as with every "public enterprise". This is very simple math any child can do.

Of course I am not considering a chunck of the economy "going underground" in face of increased taxation, people bringing money abroad etc or simply influential pressure groups saying "no way".

This is just one of the stunts Socialists, whatever their color, love to pull from time to time. They are still so saturated by the idea of class war that they think it will be enough to fool people all the time. 

 Yes, it's time for the Dr Goebbels show!

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TLP:

 

This is funny: http://motls.blogspot.com/2009/07/eurosocialist-healthcare-system-in-us.html

 

Here is a simplified scheme of the new proposal of the Democrat Party:

Please accept apologies if the simplified scheme eats 100% of your CPU capacity: it is a very small sacrifice for the rosy Democrat future of America. ;-)

 

If you stare at this long enough you get a cheap version of lazer eye surgery.

'It is difficult to imagine any normal person wishing to meet Marx for a third time.' - Alexander Gray, The Socialist Tradition

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TLP replied on Thu, Jul 16 2009 12:55 PM

What's a good reply to this?

 

Dennis Kucinich: 60% of Bankruptcies Are Becuase Of Hospital Bills! 80% of Them Are Insured!

http://www.youtube.com/watch?v=TYpfrtssF2A

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Spideynw replied on Thu, Jul 16 2009 1:09 PM

TLP:

What's a good reply to this?

 

Dennis Kucinich: 60% of Bankruptcies Are Becuase Of Hospital Bills! 80% of Them Are Insured!

http://www.youtube.com/watch?v=TYpfrtssF2A

That the government needs to quit regulating the industry and get rid of licensing laws and patents?

At most, 5% of the population would need to stop complying to bring down the government.

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Natalie replied on Thu, Jul 16 2009 1:22 PM

Ask if he prefers people to be dead rather than bankrupt (typical in the socialized medicine). But of course the government regulation is the real culprit that everyone is forgetting about for some reason.

I wonder though how much of all this is being pushed by the hospitals who want to subsidize the losses they incur with non-paying patients instead of compensating them out of their revenue. Imagine if stores demanded the shoplifting losses to be compensated out of the taxes!

If I hear not allowed much oftener; said Sam, I'm going to get angry.

J.R.R.Tolkien, The Lord of the Rings

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