Damnit. Tittle should read "Great info on heathcare bill..."

The healthcare bill is still shit, don't get me wrong, but in another posting last night I said this bill will not help anyone, unless you have a pre-existing condition. I was wrong about that. Sorry for the miss information.

Here is an outstanding site that goes into what the healthcare bill means to Americans in very clear language.

http://www.csmonitor.com/USA/Politics/2010/0322/Health-care-reform-bill-101-what-the-bill-means-to-you

It will help the poor, at the expense of the rich and middle class, but it will help some people. We could go into a long debate about how it will hurt everyone in the long run, but that's not the point of this thread. I just wanted to post some very useful information, for those interested in what the bill means to them.

Oh well, the rich and middle classes can afford it anyway :P

and lol at illegal immigrants not having to pay the fine for not having health insurance.

So you will get taxed an extra .9% if you make more than $200,000 a year? I can't imagine you would even notice that tax increase if you were earning that much.

Well, that's where the long term problems come in. Taxing the rich to give to the poor, hurts the poor more then it helps.

The taxing isn't what is going to hurt the rich and middle class.  It's the giant rate increases.

It's also likely to hurt some poor if the subsidies don't cover the difference.

Don't know why I care so much.  After all I'll totally qualify for the free money.  Honestly, I probably already qualfy for aid but pay for the health insurance on my own.  Which is what's bugging me.  This will probably force me into not being able to afford insurance and instead have to get "free" insurance.

And the VAT they're going to have to introduce to pay for all this.

But since state governments clearly don't matter anymore, maybe we can get rid of state taxes!

The rich don't pay as much taxes as you think, they have so much tax breaks, its crazy. I don't feel bad for them.

These tax amounts are only if the bill costs exactly what Washington says it will cost. It never has before, even in times when they thought they were telling the truth (and they knew they were lying this time).

Let's just assume for the sake of argument, it cost only 940 billion (and it will cost twice that much at least). Half of that is taxes, but the 500 billion comes from cuts. The way they get those cuts, is 200 billion in improved efficiencies that they made up. The other 300 billion comes in compensation cuts to doctors, that they roll back every year. They will roll them back again this year.

This means we will have to pay for a shit load more then they say we need to pay. They will do it two ways. One is to lower the cap below $200,000, and the other is they will increase the tax.

Also, the "hidden tax", is they are offloading all the costs to the insurance companies, and telling them they can't charge individuals more, so they have to raise all the premiums to absorbe the cost. Every American who pays for insurance now, will most likely pay more for it in the future (aside from the poor).

This is a tax as well.

You don't get it.

Taxes on the rich hurt the poor more then it helps because of the nature of money and the rich.

Rich people don't throw their money in big vaults and swim around in it like scrooge McDuck.  They invest it.  Which results in GDP growth, which resutls in everyone in the country getting richer because everyones wages rise faster and more jobs are created.

That must be why so many poor got wealthy during the Bush year, and none during the Clinton.