Posted on 07/25/2018 10:18:56 AM PDT by buckalfa
and the downside to this is???..................
“Knowing these idiots, it probably won’t pass the Senate.”
McCain, Collins, and Murkowski will kill it.
A good and necessary step.
However, I am still not impressed that large, powerful industries manage to get the Obamacare burden lifted from us while John Q. Public is still SCROOOOOD.
Supporters of the tax said a repeal will deprive the government of about $20 billion over the next decade, according to The Wall Street Journal.
How is that a bad thing?
Douchebags. Just repeal the AFA, also known as Obamacare.
What a ridiculous statement proving a lack on the author's part of comprehension of basic financial principles?!!!!!!
The article said: Supporters of the tax said a repeal will deprive the government of about $20 billion over the next decade, according to The Wall Street Journal.
Correction: Supporters of the tax are ignoring the fact that a repeal will help lower costs and curtail the growth of medical tourism which people are doing in increasing numbers because of all the taxes, regulations, and lack of consumer protection on fraud/monopolies in the American health care industry has made it more affordable for people to travel for medical care than to stay home for their medical care.
In reality almost all Americans would be much better off getting medical care as close to home as possible. However due to the huge costs (thanks to the government interference in the free market) here.
Thousands of lawsuits are filed in America every day. Anyone know of any such lawsuit for anti-trust, consumer fraud, or other marketplace monopoly/manipulation reasons against a health care provider or insurance company that has actually prevailed?
What types of communities do each of us live in? Pro-Health-Care-Corruption ones where the restaurants and gas stations are more transparent about pricing? Or ones where our city councils, mayors, and county commissioners actually care about us having a fair health care system where our health care providers are more transparent about pricing than the gas stations are about the per-gallon price or the restaurants are about the menu prices?
All it would take is to live in a State that has a Governor/legislature that is pro free market to make it possible for pro free market communities to get rid of the scourge we face in America with health care pricing corruption. If such untransparent businesses were to lose their city licenses and ability to win court collection judgments for harassing people to pay bills when they violate municipal ordinances on pricing transparency then we’d see them self-reform. We already know how to facilitate a free market here in America. That’s an important role of government. Monopolies/Fraud have no place in the free market except to have their ability to collect debts and have their monopoly contracts be upheld in the courts.
Probably never. Deficits, you know.
This sort of surtax is a stealth wealth tax. In a way, it also reminds me of the various charges that get added on to your phone and cable bill... they never go away either.
I share your pain.
Get it to the Senate.
A certain 6 Dems need to go on record about what they think of this.
In our case, it isn’t so much investments as it is the capital gains on our house, which we plan to sell shortly now that we are in retirement. Being in California, you can have quite a bit of capital gains on a home owned for 23 years and not be wealthy.
The advantage of being a stand-alone bill is that Senate Democrats up for re-election are pressured to vote for it. To vote against it provides great fodder for campaign ads against them.
Sorry for your loss, as the saying goes, but also happy for your gain.
California real estate has bailed out one of my financially improvident old acquaintances in his retirement... so far, until he overspends his reverse mortgage. And it's providing a divorcing cousin with a pot to divvy up, which will help him avoid eternal wage slavery.
I’m positive it happens to me.
Certain -ists love to nickel and dime me to death at random times. I wish it were only small amounts.
I guess because I am a sap who pays his bills, why not parts of others on to mine?
“Supporters of the tax said a repeal will deprive the government of about $20 billion over the next decade,”
What they used to admit to in secret, they now admit openly.
This is H.R. 184, authored by Erik Paulsen, R-MN. It is short (16 lines), amends IRS code and would relieve the tax on sales AFTER 31 Dec, 2019.
The roll call vote is at:
Compare with HR 1628. authored by Diane Black, R-TN. It passed the house on 4 May. Now about 130 pages long, it is bouncing around the Senate, but is back on the calendar. Section 210 repealed the medical device excise tax. Per the bill summary, Subtitle E—Repeal of Net Investment Income Tax
(Sec. 251) This section repeals the 3.8% tax on the net investment income of individuals, estates, and trusts with incomes above specified amounts.
Bingo!
“So, anyone think that big MED hasn’t been adding the costs to your bills anyway? And probably more than they needed to?”
I can affirm that. I pay cash for medical care and the lying quacks and thieving hospitals charge me 300 to 400% more than people with medical insurance. This crap you hear that people who pay cash pay less is crap. And if you try to sue these criminals, the scum lawyers you want to hire to sue the criminals want $10,000 minimum to file in court.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.