Friday, June 19, 2009

Healthcare "reform" = Huge Tax hikes

A few facts about our current Government run healthcare sector:

The unfunded liability of Medicare is estimated to be $85 trillion, with a "T."

Estimates of the number of Doctors who refuse to treat Medicaid patients is between 40%-50%.

Now, the geniuses in Congress want more trillions and more government involvement. This is insanity on steroids.

The tax options include:

- Increasing the price of soda and other sugary drinks by 10 cents a can.

- Applying a potential 2 percent income tax increase to single taxpayers earning more than $200,000 a year and households earning more than $250,000.

- A new employer payroll tax could target 3 percent of employers' health care expenditures.

- Taxing employer-provided health insurance benefits above certain levels - a less likely option but one that still is in the running.