Health Bill Would Add 3.8% Tax on Investment Income
- Thread starter stinkyfelix
- Start date
If there's a silver lining, it's that this bill won't kick in until 2014. That means we've got 2 Congressional election cycles and 1 presidential election to get the current cretins out of there and put in some sensible representatives to get this overturned and put us back on the right track. As I see it, this will be the last opportunities we have to fight before we're lost for good.
http://www.reuters.com/article/idUSTRE62I37920100321
(Reuters) - As the Congress once again rallies to pass healthcare reform legislation, momentum is growing in many states to pass laws to block the changes -- a move that could lead to a legal battle over states' sovereignty.
Bills and resolutions have been introduced in at least 36 state legislatures seeking to limit or oppose various aspects of the reform plan through laws or state constitutional amendments, according to the National Conference of State Legislatures.
TENTH AMENDMENT ARGUMENT
Many states cite the 10th Amendment, which says "powers not delegated to the United States by the Constitution, nor prohibited by it to the states, are reserved to the states," as proof that the U.S. government cannot set their healthcare laws.
Gibbs did not accept that complaint. "What we're about to pass and sign into law will meet Constitutional muster," he said.
Robert Natelson, a constitutional law professor at the University of Montana School of Law, said it would be easier for states to argue for standing to file a lawsuit that claims the federal government has overstepped its constitutional powers.
(Reuters) - As the Congress once again rallies to pass healthcare reform legislation, momentum is growing in many states to pass laws to block the changes -- a move that could lead to a legal battle over states' sovereignty.
Bills and resolutions have been introduced in at least 36 state legislatures seeking to limit or oppose various aspects of the reform plan through laws or state constitutional amendments, according to the National Conference of State Legislatures.
TENTH AMENDMENT ARGUMENT
Many states cite the 10th Amendment, which says "powers not delegated to the United States by the Constitution, nor prohibited by it to the states, are reserved to the states," as proof that the U.S. government cannot set their healthcare laws.
Gibbs did not accept that complaint. "What we're about to pass and sign into law will meet Constitutional muster," he said.
Robert Natelson, a constitutional law professor at the University of Montana School of Law, said it would be easier for states to argue for standing to file a lawsuit that claims the federal government has overstepped its constitutional powers.
I have no problem paying 4 cents on the dollar if it will help assure access to, and affordability of health care for another 30 million. I'd prefer to spend my money that way rather than on military hardware or subsidizing Israel's purchase of our military hardware. Speaking of which wouldn't it make sense to reduce by 4% the 4K$ spent yearly per capita on "defense" and divert the savings to seeing that everyone had decent health care? Then we would not need that additional tax on high incomes.
I don't like our tax structure one bit -- it is a nightmare! But the least we can do is join the civilized world with regard to access to health care.
If you are making over 200K and can't afford 4 cents on the dollar on your unearned income to help those less fortunate, you are spending too much.
There is really no point in reducing taxes unless there is a compensating reduction in spending. Otherwise what you naively think you are saving on taxes will be wiped out by inflation.
I don't like our tax structure one bit -- it is a nightmare! But the least we can do is join the civilized world with regard to access to health care.
If you are making over 200K and can't afford 4 cents on the dollar on your unearned income to help those less fortunate, you are spending too much.
There is really no point in reducing taxes unless there is a compensating reduction in spending. Otherwise what you naively think you are saving on taxes will be wiped out by inflation.
we need health care reform. currently system is failing