How do they intend to pay the $1.5 trillion it will cost over the next ten years? Well, they're not really saying. I think they're ashamed to tell you what they have planned. Despite Obama's campaign promise that people making less than $250,000 will not see any tax increases, it looks like that will be the case after all. Hard working Americans are going to foot the bill for those whose priorities are messed up. Here are some of the things on the table.
- Federal health programs will experience spending cuts -- that means less Medicare coverage for all you have paid in for many years so that those who have paid in nothing can go to the doctor.
- Tax increases will be placed on soft drinks.
- Restrictions on health care flexible savings accounts will be enacted.
- You will have to pay tax on health insurance premiums provided by your employer.
- If your insurance policy has a low deductible or no co-pay, you will have to pay a tax for being able to afford a "rich plan."
- Once you hit an as-yet-to-be-determined threshold in what your insurance has paid out on you, you will be taxed on your benefits. That means if the threshold is $5000, and you've racked up medical bills of $6000 that your insurance has covered, you will have to pay tax on $1000.
I don't know about you, but I don't think I can afford Obama's affordable health care.
2 comments:
It's very scary stuff Essie!
I agree it is scary. I think the solution to the whole problem is--DON'T GET SICK!!
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