VIEWS: 15 PAGES: 3 POSTED ON: 3/15/2010
Enough is enough. Our elected representatives in Washington DC have already trashed Social Security, Medicare and MedicAid. Now they want to get their hands on your health insurance. The health care legislation before congress, as proposed by the Democratic Leadership will cost you, the taxpayer, money! It will be in the form of increased premiums from: 1. Taxes on health care insurers. The legislation proposes new taxes on health insurance providers, to help pay the cost of insuring those who can't pay. Guess who pays for the increased costs? Health Insurance carriers will pass along increased costs to policyholders. Who pays? You do. 2. Taxes on 'high cost' policies. The legislation proposes new taxes on 'high- end health insurance policies, to help pay the cost of insuring those who can't pay. Again, you, the consumer, the taxpayer, pays. 3. Pass through costs to recover under-reimbursement by government health insurance. Hospitals and doctors receive less than their costs in reimbursement from Medicare, MedicAid and other government health insurance. They have to make up the difference somewhere, and they do it by charging more to private insurers. And those costs get passed right along from the insurer to the person paying for the insurance. Again, you, the consumer, the taxpayer, pays. 4. Increasing numbers on the 'public option'. As businesses and individuals see costs increase for private insurance, they’ll drop the private insurance and go for the public option. This will lead to spiralling costs for those left on private insurance. See all of the above. You pay. You can read the independent report from PriceWaterhouseCooper in the Washinton Post. Here's one of the findings: "On average, the cost of private health insurance coverage will increase 26 percent between 2009 and 2013 under the current system and by 40 percent during this same period if these four provisions are implemented." All of the above are in addition to higher federal income taxes on individuals and corporations to help pay for insuring the uninsured. Corporations pass on their operating expenses to their customers. They have to, in order to make money for new equipment, research, or an expanded workforce. As corporate taxes increase, guess who pays for that? Again, you, the consumer. So, you get hit twice - higher taxes from the government, and higher costs for goods and services. If we, as a country and society feel it is necessary to provide free services to anyone, it should be through charities and voluntary donations, not through the government. The government; any government, any time, any where, is the most inefficient means of redistributing wealth. In order for a government to administer something, additional departments, bureaus and offices are created, all of which require staffing. Hundreds of jobs created to administer something that was done at no cost by volunteers of charitable and religious organizations. And all those new jobs cost money. Again, YOUR money. Not the government's money, not congressional money, not the President's money - your money. Taken out of your pocket by our elected representatives. I, personally, would rather give $100 to my local soup kitchen than to any government agency. The $100 the soup kitchen gets will buy $85 or $90 worth of food, with 10 - 15% going to electricity, rent, and minor administrative costs. Most government grants don't go to individual institutions. They go to a lower level agency to distribute. That's 2 or 3 levels of administration, each costing money, each taking 10 - 15% administrative cut out of that $100 that I gave. The soup kitchen will be lucky to get $50 to buy $40 worth of food. They still have operating expenses. When are our elected officials going to learn from history? No country, society or civilization, anytime, anywhere, ever taxed itself into prosperity. There has been a point, in most societies, at which the government bureaucracy has grown, until it is unsustainable. The bureaucracy reaches a point where the society does not produce enough to sustain the itself. too many resources are absorbed by the government, and there is not sufficient remaining for business expansion or personal use. Archeaologists have found bags and urns filled with coins, buried in the remains of houses from the period of the late Roman Empire. Why would someone bury money? They did have banks in Rome. There were investment opportunities, businesses and consortiums looking for capital to expand or buy materials. Why would someone bury money? Only one reason, to hide it to prevent government taxation. In the later Roman Empire, the government bureaucracy grew. As it grew, taxes increased. Taxpayers hid their money in cellars. There weren't any off-shore banks. There is only one way for a country or society to be prosperous - allow individuals and companies to profit from their effort, and from their inventiveness. These businesses provide jobs. People with jobs pay taxes. If the taxes are not exorbitant, they have money to spend, and buy things. When people buy things, businesses prosper, and pay more taxes! Reward success! Allow failure to be it's own punishment. Businesses that blunder badly should not be rescued by the government. They should be allowed to fail, or absorbed by successful businesses. That will encourage other businesses to view risks more realistically. Propping up a failure only costs money. It costs more, in the long run, to prop up or sustain a failure, than it would to start a new venture. For a concrete example, try getting an estimate to insulate, rewire and replumb a 60 year old house. Add in the cost of windows and a new roof. Check the foundation. Add in paint and refinishing the floors. A new house is cheaper, and, in the long run, will cost less to maintain. The best government is a small one. Only large enough to perform required functions. Excess functionality costs money. Let me repeat: There is no such thing as 'government money'. It's all your money, taken by the government, to perform it's functions. It is the function of the federal government of the United States to promote the general welfare, not to provide welfare. It is the duty of the federal government is regulate interstate commerce, not engage in it. Check the US Constitution. It's there in black and white. It doesn't need interpretation or clarification. It's written in very legible, understandable English.
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