The House bill would impose a surcharge on individuals who make more than $500,000 and couples who make more than $1 million. The previous House bill would have imposed the surcharge on individuals who make $280,000 and families that make $350,000. The current bill also would impose a tax of 2.5% of income for those who make more than $250,000 and fail to purchase health insurance.
If I hear one more working shlub complain about the public option, which is an absolutely necessary part of health care reform, because, "it's gonna raise my taxes," I think my head will explode. SERIOUSLY man, wake up and smell the reality here. The only people who have any right to oppose this plan are:
- the insurance companies who will lose their anti-trust exemption and have to compete fairly by actually providing value;*
- individuals who report over $500,000 in personal net income and couples who report over $1,000,000 in personal net income (i.e. those with actual incomes in the 1-5 million dollar a year range); and
- people who believe that "trickle-down" economics was anything other than an experiment that failed faster and more spectacularly than Soviet Communism and who actually believe they benefited by excessive executive compensation, outsourcing of labor jobs, and unequaled wealth stratification (aka "idiots").
* This week I had to cancel a doctor's appointment. I am insured with Kaiser Permanente at a cost of over $850 per month for my family of four as I am self-employed. After 21 minutes on hold to give them the courtesy of a cancellation call, I was rescheduled for: December 21, 2009! The first available appointment for a member paying $850/month was nearly two months away (my $30/visit co-pay actually raises the cost of medical care to my family to nearly $1,000/month). I could understand this kind of delay if the appointment were just some kind of annual physical or something, but this appointment is about a problem with a complication from a medication I am taking! Trust me, the government cannot do worse. I have had to receive medical care in both Canada and Israel. Believe me, we MUST have a public option when people like me are seriously considering the benefits of being uninsured.