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?
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!!