Sunday, November 08, 2009

BREAKING NEWS: House passes health-care reform bill

And it's done. Or, rather, this key step is done. Just moments ago, the House of Representatives passed a health-care reform bill that includes a public option 220-215.

For more from me and the Reaction team on health-care reform, see here. Recent posts include:

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  • Chances of a public option passing in the Senate = < zero. So the compromise bill will be fascinating. And the 5.4% surtax on couples making $1M plus? Absolute outrageous redistribution of "wealth" that's just a chimera. That's $54,000! A $1 million taxable "income" does not make people nearly as rich as you think, and perhaps they have other worthy charities they'd like to spread the $54,000 among anyway. Typical, typical, typical. Tax and spend, tax and spend, tax and spend. I've had my per couple "income" reach over $500K some years, but I sure as hell couldn't just dump a bunch of money from my bank account. If things improve, I'll make sure my income stays at around $990,000. What a fucking joke! I hope that provision "disappears" from the Senate version as well.

    By Anonymous Anonymous, at 7:53 AM  

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    By Blogger rr8004, at 4:27 AM  

  • Anonymous, with all the money you say you make, you don't understand the tax code. The surtax would apply to your adjusted income after deductions, so you'd have to make a lot more than just $1 million to be subjected to it. And if you're that rich, you can afford to hire an accountant to help you file your taxes. If not, you're too stupid to earn that much and deserve to pay as much as they can get out of you.

    By Blogger Mustang Bobby, at 7:46 AM  

  • I have a hard time believing that he doesn't fry potatoes for a living.

    No, a million a year isn't as much as most people think it is, I can assure you, but those of us who don't think that's a lot of money aren't really put off by 50K, nor will it mean not being able to afford to fill up the yacht much less turning to Tuna Helper for dinner. It's really the lower middle class yelling about higher taxes for the rich even though taxes for most of them are going down and the "outrageous" proposed upper bracket increase is still below what it was under Ronald Reagan.

    I'm afraid what we have here is Joe the Plumber talking, or his brother, Joe the Dumber.

    By Blogger Capt. Fogg, at 9:40 AM  

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