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Yesterday the House Democrats introduced a $1.5 trillion public health care plan riddled with new taxes and surtaxes on successful Americans aimed at redistributing their wealth, in the form of rationed government health care, to lower income brackets.
Bloomberg reports on the travesty:
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.
The legislation unveiled yesterday would place additional taxes on households with more than $350,000 a year in income and calls for further increases if the measure doesn’t hit a target for cost savings. The provisions are intended to raise $544 billion over 10 years.
House leaders said the plan, which includes mandates to purchase coverage and a public health-insurance option, would cover 97 percent of Americans by 2019. President Barack Obama praised their work, saying it will “begin the process of fixing what’s broken” in the system.
Everyone needs to take notice of the little line in there about “further increases if the measure doesn’t hit a target for cost savings” since it means the taxes will move on down the line until they take the wealth they need to pay for health care.
This means that when taxing people who earn $350k and up isn’t enough, they’ll come for $250k, then $150k, then $100k and so forth on down the line. Pretty soon, you who are making $50k a year will be paying the health care bill for your neighbor making $40k a year.
Hot Air has more analysis on the “$1 trillion over 10 years” claim that the left is making:
Actually, it’s really a cool trillion over five years. Eyeball the graph Philip Klein posted this afternoon and admire the left’s sleight of hand. They’re using a 10-year timeline to create the illusion that the program costs $100 billion a year or so. In fact, it’ll be more than $200 billion once it gets going, which won’t happen until 2014, and that’s assuming that the cost projections aren’t wildly over-optimistic the way every other projection they’ve made this year has turned out to be. In fact, the trillion-dollar figure doesn’t even account for all expenses; as MKH notes, the CBO has yet to compute “administrative costs” of implementing the program or the effect it’ll have on other areas of federal spending. Still, give The One credit for consistency: Whether it’s borrowing from future generations to pay for the stimulus or hiding the costs of his health-care boondoggle by backloading them, he’ll gladly pay you Tuesday for a hamburger today.
Or, more precisely, the rich will pay. For now.
Here again, Politico mentions that the taxes and surcharges will climb when the socialized health care budget inevitably falls short:
To help pay for the estimated $1 trillion bill, lawmakers have decided to tax the wealthy. A married couple making more than $350,000 and less than $500,000 would be hit with a 1 percent tax, those making between $500,000 and $1 million would be assessed a 1.5 percent tax and those making more than $1 million would see a 5.4 percent surtax added to their tax bill. Some of the rates could climb if anticipated savings from elsewhere in the bill did not materialize.
The rates will climb as the program balloons out of control. Remember all those rosy estimates from the White House on the economy and how badly they fell short? Think of that but a million times worse on this health care legislation from congress.
Also, think about social security and medicare, two terribly run socialized government programs. Their costs are fart exceeding what they can handle and they have been running them for decades. Congress is atrocious at running social programs, they fail every time and you and I, the taxpayers, are left footing the bill for these incompetent morons on capital hill.
There is much controversy surrounding this bill and I believe the American people can mobilize against it. Many representatives and senators are weary from voter backlash, it’s time they hear from you tenfold everyday on this issue. Phone calls, faxes, emails – everything you can send at them, they need to hear just how opposed you are to tax increases and wealth redistribution for government-run health care.
Update
The GOP leadership has produced an easy-to-understand chart depicting exactly how this new efficient government-run health care plan will function:
Seems simple enough, what could go wrong?
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I have already stated my protest in just the way you describe Nate. Plus I consistently point out this dilemma to nurses, physicians, and the resident physicians at my job. I have urged them to learn more about this issue before it is too late for them. Many of them are from other countries and have come here for similar reasons, so I urge them to prevent this from happening here, their last hope, the US.
“Bombshell: Orders revoked for soldier challenging prez
Major victory for Army warrior questioning Obama’s birthplace”
Posted: July 14, 2009
http://www.wnd.com/index......eId=104009
White House Attacks Kyl on Stimulus Remarks”
Tuesday, July 14, 2009 4:40 PM
http://phoenix.craigslist.....46431.html
Party time
“Social Security spends $700,000 on Phoenix conference”
http://www.abc15.com/cont.....Tm4uQ.cspx
http://www.snopes.com/pol.....canada.asp
“Senate panel OKs plan to revamp health care system”
Associated Press Writers Ricardo Alonso-zaldivar And Ben Feller, Associated Press Writers – 4 mins ago
“Obama met with Republicans at the White House in search of an elusive bipartisan compromise on his call to expand coverage to the nearly 50 million uninsured Americans as well as restrain spending increases in health care.”
“But the 13-10 party-line vote in the Senate health committee signaled a deepening rift in Congress. While Democrats respond to Obama’s call for action with renewed determination, Republicans are using harsher words to voice their misgivings.”
“Finance Committee members are considering a proposal from Schumer that would raise $100 billion over 10 years by imposing new fees on health insurance companies.”__ This should help private sector compete with public plan.
At least Republicans were involved.
http://news.yahoo.com/s/a.....e_overhaul
Kendale
You link was interesting. People do exaggerate to make their points. As we discussed once over blog you go to and our discussion on Canada health plan.
Even back in Sept 2007 when this link occurred, there was certainly a long wait in E.R…Priority of course must be factored in. Still, a long wait…
Would like to see a more up to date example if you can find.
I like snoopes, does a fine job of debunking and/or assuring.
http://www.snopes.com/pol.....rdeath.asp
Bill,
I can’t take credit for the find, someone just sent me a message with the link. A woman from Canada. I’ll ask her if she has sometimes more recent. I’m guessing she probably didn’t find it herself either.
I assured her that though she may love Canada’s health care plan that I am quite fond of mine. She claims she would not want to live with our and stated that she supposes we both like our respective plans because we’ve grown up in them.
It is still quite compelling how many Canadians seem to stand firm in the belief that there is no problem with their plan, or perhaps they simply have a stance in which they feel an obligation to have pride in what is their own.
One of her comments about ours is that those who can not afford health insurance can not receive surgical procedures that they may need, which is true, as I’ve states previously. There are many people who are referred to hospice care for comfort measures before death because they are either not insured and can’t pay for the procedure or some other reason. It is also true that some insurance here such as some of the HMO’s will not pay for certain operation that they believe are not necessary that they can push a pain medication or something instead.
It is true, health care in America is not perfect and some people do lose out with it. I on the other hand still understand that it is far superior than socialized plans. I challenge government and the Obama Administration to reform health care in the sense that no American has to worry about not receiving health care that they need without destroying health care with socialized ideas.
Because of my ‘long term special needs’ health issues, I had 9 different plans to choice from. Each was somewhat different. Because I know my long term needs I picked one most beneficial for me.
This plan replaces medicare. I do pay the $96 charge to medicare. My strips, needles, and lancets are free. I pay under $600 for 8 bottles of insulin which is 90 days supply. I don’t pay that until I go over $2700 at discount price. I go over $2700 by about $600 a year. Not counting great kmart generic drugs I pay out of pocket.
My cost for 8 pill prescriptions, insulin, etc. per year is roughly $1100. Would not be surprise to me if that did not change to $2,000 under Obama plan if approved. I pay $10 for primary Doctor visit. Expect that to change to at least $50. My foot Doctor is now $25.00.
I pay much less if I go to my plan hospital. Many will stop seeing Doctor 4 times a year and go to 2-3.. I check my feet and blood pressure. I know how to handle and what to look out for. Many don’t. i would never let my feet go black or not gwt treatment at begining of open sores.
My Sister had bad cancer in brain. One that spreads like fine plant multi-roots. She had Hospice. Of course plan paid most cost for them.
How can Obama take money from medicare when medicare is busted ? Only way is drastically cut benefits. Rich and on medicare do not go hand in hand. So many will take less of their expensive meds and less Doctor visits.. And that will not be good.
I wish there was not a gap between those who qualify for medicaid and those who either can afford to buy health insurance (and those who get health insurance from their employer.
Those are the ones who are uninsured. Those are the ones who need health care reform. But reform does not have to mean socialized medicine for all.
Lets say Obama’s plan does make it into law. The biggest tweak it needs is:
Anyone who can afford to buy into private insurance DO NOT QUALIFY TO BE COVERED UNDER THE GOVERNMENT OPTION.
Those who have insurance through their employer, DO NOT QUALIFY TO BE COVERED UNDER THE GOVERNMENT OPTION.
Emplyers ARE NOT ALLOWED TO BUY THE GOVERNMENT OPTION FOR THEIR EMPLOYEES. (Which means employers would also not be fined for not buying because they simply don’t have the option to buy)
Those who are on medicaid and/or medicare CAN NOT HAVE THE GOVERNMENT OPTION.
If this was the case, the health care reform Obama wants would drastically cost less because only a small percentage of the country would qualify for this Obamacare. Say “MAYBE 10-40 Million people.” If that is indeed how many people who don’t have insurance. Of course this would include those who choose not to buy insurance, or sign up for medicaid/medicare, and do not get insurance from an employer.
This would also mean those make above $350K a year would not have to be taxed as much as Obama plans to do, if at all, being that the plan will not cover nearly 300 million people, yet less than 40 million.
This would also mean private insurance would not go out of business because they still have nearly 260 million people buying their plans.
This means the government will not control health care decisions, as much. They would simply control those with their plan. Which is only around 13% of the US citizens, and that’s only if they don’t wise up and sign up for medicaid/medicare/private insurance.
Us health care professionals would not see a change in pay.
The American people would not get raped through taxation and may not be completely happy, but much happier than if we had real socialized medicine.
What do you guys think?
I suppose it is like expanding medicare/medicaid and taxing us for it. But it truly would cost much less than providing health care to all. 13% is much cheaper than 100%
“Reservist Fired for Pressing Obama Birth Certificate Issue”
July 16, 2009
“The Department of Defense has allegedly compelled a private employer to fire a U.S. Army Reserve major from his civilian job after he had his military deployment orders revoked for arguing he should not be required to serve under a president who has not proven his eligibility for office.”
http://www.moonbattery.co.....fired.html
“Official: 5 plans revamp health care, none final”
http://news.yahoo.com/s/a.....e_overhaul
“Support for Obama on healthcare slips: poll”
40 mins ago
WASHINGTON (Reuters) –” Public support for President Barack Obama’s handling of healthcare reform, the pillar of his legislative agenda, has fallen below 50 percent for the first time, a Washington Post-ABC News poll released on Monday said.”
“Those concerns may be having an impact on the public, according to the poll, which showed 49 percent of respondents approving of Obama’s stand on the issue compared to 57 percent in April.”
http://news.yahoo.com/s/n.....are_poll_1
“Cost, Not Universal Coverage, is Top Health Care Concern for Voters”
“Saturday, July 18, 2009″
“Sixty-one percent (61%) of voters nationwide say that cost is the biggest health care problem facing the nation today. The latest Rasmussen Reports national telephone survey finds that just 21% believe the lack of universal health insurance coverage is a bigger problem.”
“Only 10% believe the quality of care is the top concern, and two percent (2%) point to the inconvenience factor of dealing with the current medical system.”
“Given a choice between health care reform and a tax hike or no health care reform and no tax hike, 47% would prefer to avoid the tax hike and do without reform. Forty-one percent (41%) take the opposite view.”
“The opposition is stronger when asked about a choice between health care reform that would require changing existing health insurance coverage or no health care reform and no change from current coverage. In that case, voters oppose reform by a 54% to 32% margin.”
http://www.rasmussenrepor.....for_voters
“2012 Match-ups: Obama, Romney Tied at 45%; Obama 48%, Palin 42%”
July 20, 2009
http://www.rasmussenrepor.....8_palin_42
Jul 16th, 2009 at 4:17 pm
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