Saturday, February 17, 2007

Another Bush ripoff - Medical Care Insurance

_____________________________________________________

Date Line February 17, 2007

Well, haedly an hour can go by before Bush works to deceive and prove just how stupid the average American can be. Now King George has declared, "I am confident that if we put politics aside, we can find practical ways to improve our private health care system,"

Note the word “PRIVATE”! This clown isn’t talking repairing the health care system, he is out to boost the wealth to the private insurance companies by granting a $15,000 tax deduction.

Well gee, who can afford $15,000 for health care premiums? Who can afford $15,000 out-of-pocket for health care? For King George, this offer states that

Bush's plan would give all families a standard $15,000 health care deduction on their taxes. It would also tax coverage valued above $15,000.

Exactly what does this mean to a family earning $50,000 per year? They paid in between $6,700 and $9,100 – based on zero deductions. When April 15th arrives, they do their taxes and Two parents, two kids, normal deductions ... maybe some co-pay deductions and property taxes ... they have no real tax obligation.

But King George will have them pay to ensure four people – and allow them the deduction. Gee. They have just spent the money they live on to get a deduction which has absolutely no effect on their actual after tax cash flow.

Who benefits from the deduction? Why the single or elderly married billionaires are the ones who benefit. It is they who would have the $15,000 tax obligation that this deduction would eliminate.

The Bush plan is another con-job. It is another offer to shift your tax money to fund the medical care for the wealthy.

King George knows exactly what he is doing, or suggesting – this guy holds degrees from Harvard and Yale; he holds degrees in history and economics; he knows how to con because he studied the history of the con; he knows how to manipulate the tax code and tax obligations because he majored in it!

Now when we allow the very rich to shift their payments from funding their fair share of governmental costs to funding coverage that benefits only themselves – who do you think will be paying the costs of government? Who will pay for Bush’s war of choice? Who will repay the loans from China and other nations?

Gee ... what do you think? The reductions of taxes on the rich stay in place and the taxes imposed upon the poor are increased. That family, who slaves to earn $50,000 and has no real tax obligation – their taxes will be raised. Screw the poor.

That remains the Bush mantra.

Now we have the real fun – those who are the future earners? Why they are going to be dragged off to die in Bush’s war of choice. They will be the ones to die in IRAN!

Bush has already caused the death of many more Americans than Osama Bin Laden did on 9/11. King George will not be happy with a death toll less than several multiples of Osama’s achievement.

But wait. Bush and Osama have another attack up their sleeves – it will be coming soon. It will be the attack to justify invading Iran and it will be the attack to bring the hawks to the fore. It is on the drawing board right now. Wait for it. Before the average person can get their suntan we’ll see the death and destruction.

_____________________________________________________

No comments: