Democrats agree to raise taxes $550 billion to fund so-called health care reform


House Democrats agreed Friday to raise taxes by about $550 billion to pay
for their sweeping expansion of the nation’s health care system.

The huge tax increase will only pay for about half the cost of the Democrats’ health spending plans, so according to the New York Times, the Democrats will also cut Medicare spending, the government health plan for the elderly, and other health care savings to pay for the rest of the $trillion-plus health care spending spree.

The top federal tax rate is now 35 percent, but Democrats have vowed to raise it to 39.6 percent next year. The Washington Post quotes Robert Carroll, a senior fellow at the nonprofit Tax Foundation, as saying that combined with other federal tax adjustments, the Democrats’ new health care spending tax increase could leave some taxpayers facing top federal rates of at least 45 percent.

The Democrats’ new health care spending tax increase agreement enables House Democrat leaders to unveil health legislation Monday and bring it to a vote before the Congress takes an August vacation.


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When is the last time a government estimate was correct?

reddog53 (Diary) Saturday, July 11th at 8:40AM EST (link)

The estimate of $550B for health care reform is about one third the size of the estimate reported by the CBO just weeks ago. How have they suddenly reduced the program by two thirds? What has been dropped? They can’t seriously think that we’re going to believe that we’ll get the same result for a third of the cost….

The experience in Massachusetts is more to the point. Costs are running about double what they originally thought, and they’re looking for a bailout from the federal government of over $1.5B.

Where does the federal government go for more $$? With all the other spending we’ve done, that well is dry.

We need to stop this before it starts. There will be no turning back.

Yeah, 45% is just the beginning

marshmom (Diary) Saturday, July 11th at 12:27PM EST (link)

This is a direct quote from the referenced article:
“The surtax percentages could rise two years later, they added, if lawmakers think additional cash is needed to cover the cost of health-care reform. ”
So, technically speaking, they could raise taxes on the “wealthy” to almost 50%, because any thinking person can already see the price tag will be WAY more than estimated.
What an absolute tragedy.

 
 

Last October at a family get-together, I was

janis (Diary) Saturday, July 11th at 9:42AM EST (link)

talking with my brother-in-law and his wife about the election in Nov. They are Dems in their 70′s. When I mentioned some facts about Obama that the MSM refused to report, both of them refused to believe me. When I told them that Medicare benefits would be likely on the chopping block, they scoffed at my ignorance. They insisted that the country needed a change from the disastrous policies of the previous 8 years and Obama represented the best hope for putting America on the right course.

Guess which one of us is suffering from a hive-inducing case of buyer’s remorse at this point. Being a merciful woman, I don’t intend to mention this more than once or twice a week to them.

Janis, that is kindness in itself!

penguin2 (Diary) Saturday, July 11th at 9:58AM EST (link)

I’m sorry, I love when I can get a laugh. But , it is no laughing matter. I was just sitting here wondering about the elderly population that is dependent on Medicare, they already have constraints on their coverage and access. Here, in the Tidewater area(Va.), many doctors do not take Tricare (military insurance). When it had been CHAMPUS years ago, it was no problem. This past decade, more and more docs have closed their practices to accepting both Tricare and Medicare patients.

I wonder how all those retirees in Florida who voted for Mr. Deception himself, are feeling now.

Resistance to tyrants is obedience to God. – Benjamin Franklin
When Good stands up to Evil, Evil blinks. – Vassar Bushmills

Conservative Education: Suggested Reading List

Activists Taking Action: Unified Patriots

As to those Florida retirees, my aunt and her

janis (Diary) Saturday, July 11th at 10:07AM EST (link)

husband are two of them, although they voted for Sarah Palin and that old guy. My aunt is a vigorous 81 year old who just elected to go ahead and have knee replacement surgery while she still could. My dad is 84 and was fortunate enough to get a replacement for his internal pacemaker/defibrillator this past May. His doctor told him that it would have to done within the year and I was concerned that it would end up being put off until Obama managed to screw him out of it.

As fate would have it, my dad’s ICD did what the doctor said it would do when it reached the point that it had to be replaced—it started playing music one morning before he got out of bed. Good thing he had been warned that that would happen! Can you imagine how it would have been if you were a heart patient and the device in your chest just started playing music one day without any warning? :-)

Gone ahead and had the heart attack?

penguin2 (Diary) Saturday, July 11th at 10:18AM EST (link)

That would have taken me off the insurance rolls!

Resistance to tyrants is obedience to God. – Benjamin Franklin
When Good stands up to Evil, Evil blinks. – Vassar Bushmills

Conservative Education: Suggested Reading List

Activists Taking Action: Unified Patriots

 
 
 
 

Pay as you Go

susanb55 Saturday, July 11th at 10:21AM EST (link)

It seems that raising taxes to pay for something more than 70% of the American population wants only makes sense. We simply can’t borrow any more money from Communist China the way Bush did. We have to pay for what we get. It seems like, well, personal responsibility.

At Least 70% of the People

Repair_Man_Jack (Diary) Saturday, July 11th at 10:24AM EST (link)

Always want an economic good that someone else gets made to pay for. The real test of healthcare’s value is how many people would actually want this monstrosity if they were even partially on the hook.

” I side impenitently with the human race against the modern reformer.” – C.S. Lewis

 

susanb55, your brief remark contains so much stupidity

janis (Diary) Saturday, July 11th at 10:31AM EST (link)

and misinformation that it wins the Saturday morning “Best of the Worst” award. Congratulations! Be proud of your accomplishment because this award is usually only given late in the day, but due to your stupendously stupid comment, we’ve taken a vote and decided to confer it on you early.

Go ahead, make our day and say something even dumber. Be forewarned though, no matter how low you go in trying to outdo yourself in idiocy, you can’t win twice in one day, so pace yourself. We give them away on Sundays, too.

you owe me a new keyboard

David Hinz (Diary) Saturday, July 11th at 10:33AM EST (link)

Sorry, David, I covered that topic with eburke

janis (Diary) Saturday, July 11th at 10:39AM EST (link)

in another thread. Had someone draw me up a release form exonerating me from all liability concerning keyboard destruction and hard drive desecration. ( He wasn’t an attorney but he used lots of mysterious words so the thing looks official enough.)

You are welcome to send me the bill however. Just use the address below.

;-)

you failed to read the fine print of that agreement

David Hinz (Diary) Saturday, July 11th at 10:53AM EST (link)

Ah, well then, David, you are correct. However,

janis (Diary) Saturday, July 11th at 11:04AM EST (link)

my copy seems to read “Before Saturday Noon” but only on even numbered Saturdays in months ending in “ber.”

So if I am to blame for killing your keyboard or other computer elements on Saturday, September 12th before noon, then you’ve got me dead to rights.

Did you notice how she managed to get the "blame Bush" clause in?

penguin2 (Diary) Saturday, July 11th at 11:21AM EST (link)

My memory is fuzzy for numbers right now, but I do believe the Chinese are balking at buying anymore of our debt. And Zero gets the prize for current deficit numbers. At least when Bush left office, I believe we were still using the term billions, now I’m looking up for what comes after trillions.

Resistance to tyrants is obedience to God. – Benjamin Franklin
When Good stands up to Evil, Evil blinks. – Vassar Bushmills

Conservative Education: Suggested Reading List

Activists Taking Action: Unified Patriots

What comes after trillions?

janis (Diary) Saturday, July 11th at 11:49AM EST (link)

We’re back to bartering with chickens and produce. Let the Dems propose programs costing 3 million frying hens and 8 tons of cabbage and see how long they last in power.

Bunches... nt

mbecker908 (Diary) Saturday, July 11th at 11:58AM EST (link)

...of poverty - nt

Mike gamecock DeVine (Diary) Saturday, July 11th at 12:03PM EST (link)

Mike DeVine’s Examiner.com, Charlotte Observer and The Minority Report columns
“One man with courage makes a majority.” – Andrew Jackson

lol at you both! nt

mom2oneson (Diary) Saturday, July 11th at 12:08PM EST (link)

Wow, it's a "908 Head Pat" for gc! nt

mbecker908 (Diary) Saturday, July 11th at 6:01PM EST (link)

I feel all warm and fuzzy - nt

Mike gamecock DeVine (Diary) Saturday, July 11th at 6:22PM EST (link)

Mike DeVine’s Examiner.com, Charlotte Observer and The Minority Report columns
“One man with courage makes a majority.” – Andrew Jackson

 
 
 
 
 
 
 
 
 
 
 

and to piggyback on what

David Hinz (Diary) Saturday, July 11th at 10:37AM EST (link)

Repair Man and Janis said…

…what little round puckered orifice did you pull that 70% out of… and it smells like it.

80% of Americans say they are content with their health coverage…

…but then again, 70% of those who have no health insurance DO want someone else to pay for it!

 

I know only 1 person in my circle of acquaintances in favor of this "health care" scam

ddstrain (Diary) Saturday, July 11th at 3:28PM EST (link)

and he is an out of his head, hard-core liberal … with a public access TV show. The American people might want qauliy health care, better coverage and cheaper costs … but they sure as hell DO NOT WANT THE GOVERNMENT TO DO IT.

We have already started an austerity program at home focused on lowering household income by about 10%, lower productivity, refusing stock grants and generally lowering success so we don’t get slapped with another 5 figure bill at tax time … despite our payroll tax. The new American Dream is to make less that Obama’s (constantly lowering) bullseye on the middleclass.

I don’t want it and I won’t pay for it … and we’re contracting the economy to save ourselves from paying for it.

Whatever happened to rewarding sucess, striving for excellence and competing to get ahead. All we get now is “I’m owed”, “I want” and “I need”. Oh for the days of “I earned”.

Hopping in the next handbasket as we’re all heading to hell via the Obama Expresspay Expresssway.

 

And how much has borrowing from China gone up under Obama?

bk (Diary) Saturday, July 11th at 9:03PM EST (link)
 
 

The whole purpose

DerKrieger (Diary) Saturday, July 11th at 10:33AM EST (link)

…of health care “reform” was to SAVE money because the ever escalating health care costs. So how the HE!! are we saving money by spending a TRILLION dollars? Is no one in DC asking this question? WTH?

These people MUST be run out of town. I’m sick and tired of this non-stop spending. They are totally out of control.

“In questions of power, let no more be heard of confidence in man, but bind him down from mischief by the chains of the Constitution.” – Thomas Jefferson

“I cannot undertake to lay my finger on that article of the Constitution which granted a right to Congress of expending, on objects of benevolence, the money of their constituents.” – James Madison

Whenever the legislators endeavor to take away and destroy the property of the people, or to reduce them to slavery under arbitrary power, they put themselves into a state of war with the people, who are thereupon absolved from any further obedience.” — John Locke, 1690

but....but....but

David Hinz (Diary) Saturday, July 11th at 10:39AM EST (link)

This action by the Dems ENSURES a worse recession thru 2010 even if it never is law - why?

Mike gamecock DeVine (Diary) Saturday, July 11th at 5:10PM EST (link)

For the same reason that the election of dems to the majority in 2006 caused the recession even before the credit/housing crisis:

The prospect of liberal policies hostile to business profits causes producers to go on strike. And now, after Obama/Dem poll number declines; senate dem cap and trade scepticism; etc and some hope the dems were going to stop the overreach, this vote in the house shows the business community that the dems have learned no lesson and likely won’t.

Why would anyone invest or start a business or expand one in this environment?

they won’t

Mike DeVine’s Examiner.com, Charlotte Observer and The Minority Report columns
“One man with courage makes a majority.” – Andrew Jackson

You are absolutely correct

ddstrain (Diary) Saturday, July 11th at 6:05PM EST (link)

The producers will go on strike …

Maryland tried a millionaire tax … and poof … 1/3 of Maryland’s millionaires disappeared, resulting in a revenue decrease for that new class-warfare based tax bracket.

It’ll be harder to move from the jurisdiction, but I’m sure a good corporate lawyer teamed with a good trusts lawyer can find a way to help America’s “rich” do what happened in Maryland.

 
 
 

No, Der Krieger, the whole purpose of health care reform

janis (Diary) Saturday, July 11th at 10:44AM EST (link)

had nothing at all to do with health care. It is solely about one thing:

The destruction of the United States of America as a free-market capitalist country. No one in D.C. is asking the question you posted because the whole purpose of this is to kill freedom in this country forever. Face it, destroying a country like America from within was never going to be cheap.

Oh, I know, I know

DerKrieger (Diary) Saturday, July 11th at 7:47PM EST (link)

but you would think that someone in the GOP at least would be asking the obvious question, “how do we save by spending?”

I know full well this, and C&T, is about crushing individual liberty and ushering in a socialist state where we ‘proles’ are ruled by a self-selected class of elites.

I am ready for secession. And I’m not a member of the kooky right either. I have an MBA and work for a Fortune 10 company as a Sr. Manager. I will NOT be a slave to this or any government.

“In questions of power, let no more be heard of confidence in man, but bind him down from mischief by the chains of the Constitution.” – Thomas Jefferson

“I cannot undertake to lay my finger on that article of the Constitution which granted a right to Congress of expending, on objects of benevolence, the money of their constituents.” – James Madison

Whenever the legislators endeavor to take away and destroy the property of the people, or to reduce them to slavery under arbitrary power, they put themselves into a state of war with the people, who are thereupon absolved from any further obedience.” — John Locke, 1690

 
 

How they save money

Menlo (Diary) Saturday, July 11th at 11:32AM EST (link)

With the exception of themselves and a few “props” for touting their “accomplishment,” they will simply kill off and/or let die most of those who may need costly care or treatment.

“The ultimate touchstone of constitutionality is the Constitution itself and not what we have said about it.” -Felix Frankfurter

 

I keep repeating myself - the GOP needs to zero in on this during the elections

bk (Diary) Saturday, July 11th at 9:05PM EST (link)

Obama and Biden repeatedly promised people with coverage through their employer that nothing would change – except that their premiums would drop $2,500/year per family. We had better hear reminders of that about 5 billion times from the GOP in 2010 and 2012.

 
 

Democrats

bobojake (Diary) Saturday, July 11th at 11:26AM EST (link)

The party of NO-NO-ACCOUNTIBILITY LED BY obama, schummmmerr,reid peloski, dodd, frank, waxman, leafy, boxer and don’t forget the $25 million dollar man from freddie-fannie scandal: rambo the vulgar.. May they forever go down in defeat and eat their own, like pigs on the farm do.

 

Pay for Healthcare by cutting Healthcare???

nessa (Diary) Saturday, July 11th at 12:06PM EST (link)

That could only makes sense to a politician…

“If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your counsel nor your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen.”—Samuel Adams

Contributor to Unified Patriots

teh twitter

 

And the merry-go-round keeps spinning

Steph C (Diary) Saturday, July 11th at 1:06PM EST (link)

More than once today, there has been talk in the news of using TARP to help small businesses while simultaneously working to gouge them with taxes… which makes all money flow toward Washington then out again minus bureaucry costs.

“[I]f the public are bound to yield obedience to laws to which they cannot give their approbation, they are slaves to those who make such laws and enforce them.” –Candidus in the Boston Gazette, 1772
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