Quote:
Originally Posted by Rangermoore
By ERICA WERNER, Associated Press Writer Erica Werner, Associated Press Writer ? Fri Jul 10, 4:14 pm ET
WASHINGTON ? House Democrats plan to pay for a sweeping health care overhaul by boosting taxes on the wealthy.
The taxes will hit households with incomes of $350,000 a year and above.
Ways and Means Committee Chairman Charles Rangel of New York said the tax would raise $540 billion over 10 years.
In combination with cuts to Medicare and Medicaid that would pay for a comprehensive health bill in the range of $1 trillion.
Rangel told reporters of the decision after a day of meetings on President Barack Obama's top domestic priority.
LINK |
How much taxes will these same people save when those people now have heath care and are no flooding emergency rooms with non emergency cases which are paid for by the same taxpayers or waiting so long to get treated that instead of relatively cheap cure now have to have a long hospital stays at these same taxpayer expense?
When these people that can not get health care are working isntead of being home sick or in the hospital. How much extra money does that bring to the economy? How much extra taxes does that bring in because of the extra income they are earning. In the end that SAVES those high income earners money.
See some people her FAIL to look at the BIG picture. Too many idiots think that paying $10 now and saving $100 in the future is somehow a waste. They somehow think you can not pay $10 now and in the future there will not be any extra costs which is totally untrue.
let have fun with math a
bout 1% of taxpayers make 4350K or more. 140 million tax payers so that's 1.4 million.
Bill would cost $54 billion over 10 years or $5.4 billion a year.
$5.4 Billion/1.4 Million = $3900 extra in income taxes for those making over $350K a year or $11 a day. If you are making $350K and $11 a day is going to break you then you have issues. And that's the average. Actually one earning $350K is NOT going to pay anywhere close to that much since people like Bill Gates who earn BILLIONS will pay the majority of it. Not to mention as I said earlier, you are likely to get most if not all of that back in savings.The fact is only those maybe earning $5 million or more are going to be "fucked" but I'm not worried about those 5000-6000 people.