"You can't tell us how you're going to pay for this," said the man, who identified himself as Randy from Ekalaka. "The only way you're going to get that money is to raise our taxes. You said you wouldn't. ... But that's the only way you can do that."
Obama agreed that he couldn't insure the estimated 46 million uninsured Americans for free. But he told the man there are steps that he would take to avoid raising taxes on 95 percent of Americans, as he has pledged. One option, he said, is to eliminate subsidies to insurance companies and instead shift the subsidies to low-income Americans to help them buy insurance.
---------------------------------------------------------------------------
Welcome to Econ 101 Barack.
If you eliminate subsidies to insurance companies THEY ARE GOING TO RAISE THEIR PREMIUMS ON EVERYONE!
So shifting the subsidies to low-income Americans makes it more expenses FOR EVERYONE. THAT IS A TAX IN MY BOOK. IT WILL CERTAINLY TAX MY CHECKBOOK.
No comments:
Post a Comment