Top 2 percent to pay for universal health care plan

The House Ways and Means Committee’s primary objective seems to be to find the ways and means to collect more tax revenue from the rich to pay for entitlement programs. So how about a surtax on the top 2 percent of Americans who have income greater than $250,000?

From Morrissey at Hot Air, who references The Hill.

Democrats in the House have put the finishing touches on their health-care reform plan, announcing that they’ve reached agreement on funding the trillions of dollars it will cost the US over the next decade. Once again, the Democrats have gone to the class-warfare strategy, adding a “surcharge” tax assessment for individuals making over $250,000 to pay for the overhaul…

Here’s a nice paragraph from The Hill…

A large portion is expected to come from reductions in Medicare and Medicaid. But that won’t pay for the full overhaul. As for raising money, ideas have included a national sales tax, taxing soda and a “surtax” on people making more than $250,000.

Reductions in Medicare and Medicaid? Where the heck did that come from? As far as I can tell, physicians who treat Medicare and Medicaid patients are becoming short in supply already! Rationing is already taking place in the government run Medicare program! That system is broke!

Is that what we want for everyone?

Look, if they expect the 4 million or so taxpayers who make more than $250,000 to pay for this monster, that turns out to be $50,000 in extra taxes for each family, each year to cover the (low-ball) estimate of $2 trillion over 10 years!

Hello! McFly? McFly! McFly!!

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Steve McGough

Steve's a part-time conservative blogger. Steve grew up in Connecticut and has lived in Washington, D.C. and the Bahamas. He resides in Connecticut, where he’s comfortable six months of the year.

6 Comments

  1. Dimsdale on July 7, 2009 at 1:32 pm

    Howsabout all those rich liberals who are always proselytizing to us about paying more taxes line up and simply donate money to the

    "One's" master plan?

    You know, Oprah, Streisand, Robbins and Sarandon, Tina Fey and Alec Baldwin (all the money he saved by never leaving for France when Bush was elected), George Soros, Letterman etc., etc., etc. Let's see them pony up and do the right thing for "hope and change." Let's see just how progressive the progressive are.



  2. Dottie on July 7, 2009 at 3:15 pm

    Do they realize how hard it is to find a Doctor that will accept new patients on Medicaid or Medicare? I don't think they have ever looked for one. All I can do is just shake my head at their naivete.



  3. Jeff S on July 7, 2009 at 3:49 pm

    So, I wonder how congress will make sure that the political elite will not to pay this tax surcharge?



    • Dimsdale on July 7, 2009 at 4:49 pm

      They will just exclude themselves as usual. No worries about an intrusive press or inquisitive citizen…



  4. Dimsdale on July 7, 2009 at 4:59 pm

    Isn't this the way the income tax got started: a piddling rate on only the very rich?

    Now look at it. Just think of the Big Dig.



  5. sammy22 on July 8, 2009 at 9:51 am

    If you have the money you can buy any health care you can afford. If you don't have the money you go to the ER and get treated. Who pays for that now? How much money does ER treatment suck out of the NON-$250,000 and up pockets?



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