Methinks HB 3962 not a treat.
There's still the "public option".
And higher taxes to support government run health care.
And it still leaves out people.
And it limits access and choice for health care coverage--by expanding Medicaid, poorer folks get stuck on Medicaid--they don't get any other choice.
If you are eligible for your own health care (not Medicaid), you also are very limited in what you can purchase.
A whole slew of taxes will support this government run health care, which taxes everything from employers to health savings accounts to taxes on self-insurance to medical devices, such as grandmother's wheelchair and heart pacemaker to daughter's tampons.
A total of 13 new taxes, if you're counting.
Oh, and if the IRS doesn't like your tax deductions because you had the wrong motivation (mind-reading, anyone?) let us look at this:
Codification of the “Economic Substance Doctrine” (Page 349): Empowers the IRS to disallow a perfectly legal tax deduction or other tax relief merely because the IRS deems that the motive of the taxpayer was not primarily business-related.
See www.Heritage.org
And, of course it's expensive.
Speaker Pelosi states that the health care bill is affordable, coming in at 894 billion. Of course, in appealing to Medicare-age seniors, when the Democrats close the so-called "donut hole" in medication coverage, the price tag should go over the 1 trillion mark.
And the claims that the bill will actually save money?
Well, this bill won't go into effect for several years. So the increased taxes, in place even before the new health coverage begins, will offset costs for the first ten years.
AFTER THAT, costs will skyrocket. http://www.politico.com/livepulse/1009/BREAKING__House_bill_to_cost_894_billion.html
Honestly, that's usually not how I run my household budget.
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