Taxpayers Will Pay Dearly for New Health Care Bill Costs
Americans for Tax Reform (ATR) just released its analysis of the new House Democrats' health care plan. The report found:
- The House bill would compel all Americans to enroll in health coverage or make them pay a penalty equal to 2.5% of their income.
- Employers that failed to provide a health care plan would suffer a penalty equal to 8% of payroll.
- The bill would also tax insurance premiums at an (as yet) undetermined rate.
- High income families would have to pay a "surtax" of 1% to 5% depending on annual income. When combined with state and local taxes, their tax bracket will exceed 50%.
For more information on the House Democratic plan, click here.
Tax and spend. Tax and spend. Haven’t we heard this before?
This is not a surprise. Anyone paying attention should have known all along that this was about tax and spend.
what happened to portability. To achieve portability they have to change state laws. guess not
what happened to reduced costs since we cannot sustain 16% GDP. taxes don’t reduce costs
the 1 trillion is more likely 2.5
don’t see anything on tort reform. that would reduce costs about 175 billion
the 155 hospital discount is a sham uninsured get free care worth about 50 billion. Insure them and hospitals get paid.
Congressional Democrats prize redistribution above job creation and a strong recovery.
This link describes the proposed new health care entitlements that make up much of the cost. http://www.ncpathinktank.org/sub/dpd/index.php?Article_ID=18209
You guys need to stop saying “tax and spend”…simply put, this is “stealing in servitude”. Bottom line is the Dems know only how to steal our money, and since there’s nothing I can do about it…call it what it is. Slavery! Yeah, I know, you say “call your congressman or vote”…but it’s like asking the ones out of control to control themselves, but they’re the ones in control! This is just insanity what they are doing in DC.
Not only will we be taxed to make up for the new plans, if we are enrolled in employer sponsored programs, that premium will no longer be Tax Exempt.. Neither will our FSA if you participate in that.. So you’re being taxed, and taxed, and taxed on the same amount of money..
I do not work to pay for those who are too irresponsible get a job and there own healthcare. Or maybe i do, i shouldent be taxed for the lazy. Fast food hires year round.
any single person making a halfway decent salary will get screwed. that’s how this government does it.
Lori, you’re husband is right. It is more seurce. For many, it is too seurce. It’s so seurce that some software programs require they be Vista-ready. When I received my free Vista upgrade, 6 pieces of software I own were not on this list, nor were they available for Vista. Unfortunately, Vista is a noted memory hog, and I didn’t want to also buy more memory. HP has not offered to replace my faulty RAM, so that is part of the souring.However, I really do love my computer, and switching platforms will require a lot more work. I used a Mac while at the University, and the WOW factor is tough to beat. I’m looking at running a dual OS machine, so I can salvage some of my current software on the PC side and use the Mac for the creative aspect.As I’ve researched, I’ve noticed that PC vs. Mac is a cultural divide. It’s a we vs. them for many. I find it quite entertaining. Thanks for your input. I’ll be looking for more as I make a final purchasing decision. Either way, I still have many hours of work to restore my HP baby!