They are also proposing to tax the SICK! Quote: SICK: OBAMA’S NEW PLAN
By Dick Morris And Eileen McGann
10.8.2009
Faced with a need to scrounge for revenue to fund his plan for health care, President Barack Obama and Senate Finance Committee Chairman Max Baucus have come up with a brilliant new idea: Tax the sick!
In a new amendment to the health care bill, they propose to limit the deductibility of medical expenses on income taxes.
Now, taxpayers may deduct any medical expenses that exceed 7.5% of their Adjusted Gross Income. Obama and Baucus want to raise that threshold to 10% as long as the taxpayer is under 65.Their proposal literally hopes to raise $20 billion over ten years by taxing sick people.
The Democrats defend their proposal by saying that it would discourage health care spending. But nobody deliberately spends 7.5% of their income on medical costs unless they are pretty sick and needy. TAX THE SICK: OBAMA’S NEW PLAN at DickMorris.com
__________________ “‘Sort of’ is such a harmless thing to say...it doesn’t really mean anything. But after certain things, sort of means everything. Like after ‘I love you’ or ‘You’re going to live’ or ‘It’s a boy.’
Demetri Martin |