Jon's Blog

Tax the rich to give Health Benefits to EVERYONE. Can anyone say the start of SOCIALISM. What did Karl Marx say, "To everyone based on their need, from everyone based on their ability." Dumb Idea people. This health bill is WRONG on EVERY SINGLE level. But, it is being pushed through Congress just like everyother Democratically lead legislation without any one considering the consequences.

This is taken from :http://www.bloomberg.com/apps/news?pid=20601087&sid=apFBqBojL3IA

High Points (Or I should say LOW points)

• So i won't be able to use my FSA for OTC stuff anymore
• If i make over 280,000 i will be taxed at a higher rate. (That's right tax the people who are successfull in life)
• If I don't have insurance, and i make over a certain amount of money i will be penalized with a 2.5% tax penalty

--From the Main Article "There was little bipartisanship on the Ways and Means panel. Democrats rejected a slew of Republican amendments that would have stripped a government-run plan from the legislation, prohibited rationing of health care and forced members of Congress into the public plan."

• That's right, the Republicans wanted to force members of Congress into the public plan. I think that would have been a great idea. As it is they have a health plan that they get to keep for life. How about take away their precious benefits and see how they like it

"Insurance Mandate
The legislation would require companies to provide health insurance or pay an 8 percent payroll tax to help pay for their coverage by the government plan. The House is also proposing a mandate on Americans above a certain income level: People would be penalized as much as 2.5 percent of their income for failure to buy health insurance.
The plan would cost about $1 trillion over 10 years and reduce the number of uninsured by roughly 37 million Americans, according to a preliminary analysis by the Congressional Budget Office. The nonpartisan agency said that by 2019 some 17 million people, about half of them illegal immigrants, would lack coverage.
The question of how to pay for the overhaul is the biggest challenge, and the idea of imposing surtaxes on the wealthiest households is drawing fire from Republicans and Democrats. Senator Ben Nelson of Nebraska has expressed skepticism, as have House Democrats in the Blue Dog Coalition, a group that advocates spending restraint.

Graduated Surtaxes
House Ways and Means Committee members approved a series of graduated surtaxes that kick in on incomes above $280,000.
The surtax would also place a 1.5 percent additional levy on couples with incomes between $500,000 and $1 million, and a 1 percent surtax on incomes over $350,000. The measure is intended to raise $544 billion over 10 years and calls for the taxes to increase if the bill doesn’t hit a target for cost savings. Capital gains as well as earned income would be subject to the surtax.
The legislation also contains several tax increases on corporations, and a new provision to prohibit reimbursements for over-the-counter drug purchases using pretax health-spending plans such as employer-administered Flexible Spending Accounts and individually owned health savings accounts. "

So, President Obama and the democratically controlled congress are considering a Health Bill that states it will cost 1.5 Trillion, note that is with a "T", over the course of 10 years. I began to wonder if people really realize how much money that really is. I mean really, can you fathom that amount of money!

1,500,000,000,000 Trillion Dollars (over 10 years breaks down as such)
--1,500,000,000,000 Trillion Dollars in 10 years
--150,000,000,000 per YEAR
--410,958,904.11 per DAY
--17,123,287.67 per HOUR
--285,388.13 per MINUTE --per freaking minute people!!!!!!!!!!

Just think about that. If this bill passes, that 1.5 TRILLION dollar bill over the course of 10 years will be spent and you can think of it as YOUR government, and the Democratically Controlled congress will be spending 285,000 per Minute of Ever Day, for the next 10 years.

Now that i think about it, why don't they just by a $200,000 house every minute over the course of the next 10 years. They would have bought 7,500,000 homes by the end of it. Just give those away to anyone who wants them and we should be able to cure a good chunk of homelessness.

Honestly, people, have you ever taken the time to consider the amount of money that Obama is wanting to spend here. The amount is unimaginable, and an amount that we as regular citizens will NEVER see in our lifetime.

Is sinking our nation deeper into debt really worth it. I think NOT.

To top it all off, the terms of the bill are rediculus. He wants to put it on an individual level. Which means that you MUST have insurance, if you don't you will HAVE to pay a TAX PENALTY to help pay for it. Sounds to me like he is just trying to get to he ultimate goal of Universal Crap Care. Socialized medicine, DOESN'T WORK. Look at the European Countries who are warning us about it. As it stands, in this country, i can get treated anywhere i want no matter what with little waiting (little being relative). So, i have to pay for it, but I pay to have that care.

OK, I am done now.
::Steps off Soap Box::