Wednesday, July 15, 2009

Healthcare...the cost is tremendous.

The House of Representatives unveiled their healthcare plan. It's massive and ridiculously expensive with huge tax increases on individuals and companies. Penalties and taxes inserted in a vain attempt to cover the cost (remember the government is already ~$11.5 trillion in debt and growing). CBO estimates this will cost an additional $1.5 trillion....paid for by the only group of people left with any money to revive an already gasping economy. It's as if the government wants to crush any life left in the US economy.

As to health care...why the AARP supports this is beyond me...do they realize that if their constituents are past a certain age they will NOT get treatments they need if deemed the cost to benefit ratio is too high...they will be pushed to the back of the line (younger first) for regular treatment.
Anyone who has been in the military knows how government healthcare works...it is a disaster.
The proposed government plan looks something like this:

Oh but it ONLY effects those making +$1 million (an additional $54,000+ a year...how would you like to cough up $54,000+ a year more?) they can afford it. Not quite...hidden in the bill are other groups that will also pay....

-surtax on individuals who earn $280,000.
-surtax on couples who make $350,000 or more.
-businesses that don't provide healthcare will get slapped with a penalty tax (8% of wages).
-...oh yes and individuals that decide to opt out of the national healthcare program get another 2.5% penalty taken out of their paychecks....forced government healthcare or pay a penalty?!?!

"The legislation calls for a 5.4 percent tax increase on individuals making more than $1 million a year, with a gradual tax beginning at $280,000 for individuals. Employers who don't provide coverage would be hit with a penalty equal to 8 percent of workers' wages, with an exemption for small businesses. Individuals who decline an offer of affordable coverage would pay 2.5 percent of their incomes as a penalty, up to the average cost of a health insurance plan. "

Of course this is the same thing that caused GM, California, New York, etc. to collapse under the weight of it's programs. Too many on the welfare/healthcare/pension rolls and not enough paying in. The number of millionaires has declined by 14% in the last 2 years and is continuing to decline.....so where do you think the money is going to come from in the future?

Wake up America before congress destroys this country!!!!

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