Skip to comments.The Proposed Republican Replacement For ObamaCare Is A Big Tax Hike (RINOcare?)
Posted on 01/28/2014 8:06:05 PM PST by Olog-hai
Yesterday, three Republican SenatorsTom Coburn (Okla.), Richard Burr (N.C.), and Orrin Hatch (Utah)put forward a plan to repeal and replace the Affordable Care Act, otherwise known as Obamacare. They call it the Patient CARE Act, and my colleague Avik Roy says it is the most credible plan yet offered by the GOP.
Except the Coburn-Burr-Hatch plan (read it here) amounts, among other things, to a big tax increase. The main way that it remains budget neutral is by making employer-provided health insurance plans, which are currently not taxed, partially taxable as income. In fact, this income replaces income that, under ObamaCare, comes from taxing companies, including the tax on medical device companies paid by firms like Medtronic and Stryker.
This fact has not escaped the notice of some prominent health reform allies. It is a huge tax increase on workers without any confidence that they will be able to afford health insurance in the future, says Bob Kocher, a partner at venture capital firm Venrock who previously worked in the Obama administration.
(Excerpt) Read more at forbes.com ...
Richard Burr, my Senator, is not to be trusted.
In the Southeast, he led the trumpet charge for the new 1%’er profit center, I mean “war,” in Syria.
He also does WHATEVER HE’S TOLD TO by the Republican Establishment, regardless of what he says in public.
Don’t trust him, folks. Uh huh.
GOPE are all idiots
Right now it's completely unfair that some get tax free care through their work while others pay a tax on the money they spend out of pocket for care.
The Federal RINOs still think that in 2009 the 80 % of the voters were wrong because they wanted no part of any Federal Medical Insurance.
BTW, just how much difference is there between a Democrat and a RINO?
Golly Gosh Oh GeeeOPe...
Is it me, or do these folks seem more senile and mentally challenged each time you hear from them?
It is not the federal government’s job to manage health care.
Get that out of your heads you idiots.
Planned? Or did this idiot just stumble on it by chance?
Inquiring minds want to know.
And the GOP is flailing about to come up with something to counter obamacare. Why? Just dump obamacare and go back to what has proven to work. What we had was the best in the world ... along came Obama, the socialist, with a philosophy that has never worked and the GOP falls all over itself trying to come up with something better.
GOP, fools all.
Get your criminal FedMob hands out of my life!
Title 1.5 should be to establish the Affordable Healthcare Act within the framework of the Constitution by doing the following. Congress needs to comply with the Constitution's Article V by proposing a healthcare amendment to the states for ratification. And if the states should chose to ratify such an amendment, then Congress would have the power that it needs to regulate, tax and spend for public healthcare purposes.
Note that corrupt Congress wrongly ignored Article V when it established Obamcare.
All government participation in and regulation of the medical and insurance markets should simply cease, including tax preferment for employer provided health insurance. That is the 1940s concept that ultimately brought us to the present pass.
Replacing one tax hike for another.
How about replacing obamacare with the free market instead? Or is that not politically suicidal enough for the rinos?
In other words, bailout.
The RiNO's are as bad as the LIBERALS in that they think GOVERNMENT is always the solution.
Washington D.C. - headquarters for major league DIM BULB thinking.
Not a “gnat’s hair’s’ difference between them.
This article was in Forbes, and Steve Forbes has been advocating HSA’s for 20 years.
Why cain’t the Repubs - Just Say NO! Why do they have to trot out their own commie pinko faggot plan?