Quote from jem:
The insurance companies and the Dems had a plan. I see it as hybrid. Crony / govt seizure of liberty and income.
The insurance companies would extract more profits and the dems could use the insurance exchanges to extract all the remaining money from the tax paying class through manipulation of the pricing of the insurance.
It is the same idea with college tuition. Jack it up way past the price you would typically charge and then charge less for people who can pay less.
Its a way to extract maximum revenue. It only works well when govt money or govt back loans are involved.
its sort of the same way with housing. The price of the assets rise to extract the maximum possible and it works when the lenders are not concerned about being paid back.
This is what happens when govt and cronies get together.
The sick thing is that we have no opposition from the press or establishment republicans.
When you combine this with systematic devaluation of the dollar progressive taxes which can take 60 percent or more of larger incomes ... plus a death tax...
You know why the income disparity exists. The cronies are locking in their advantage and turning everyone not in the top .05% to debt/insurance slaves.
This shows you why it was so sick the Roberts allowed the mandate to be renamed a tax. It sacrificed tax payers on the alter of cronies... it was highly liberty destroying.
Quote from AAAintheBeltway:
Hereby nominated for post of the year.
oh, we can afford it, but there won't be much left over for anything elseQuote from jem:
your point is understood and makes sense. For me I do not think there should be an income tax or an estate tax.
We simply need to stop waste and take a new look at what our goals are.
The reality is a guy like Ron Paul was right... its time to save money and bring the troops home. The world wide project of might comes at a massive cost and it has been set up to open and keep open markets or resources for our bankers and our large international companies.
It was an interesting proposition for tax payers when our workers had all the jobs and the profits were brought back home for shareholders.
Now it seems the military cost is just and huge extraction from the tax payers. Its why the sequester was not really hurting anyone.
Cut the military... cut the borrowing cut income taxes.
We need to go back to pay as you go.
If we can afford national health care on a pay as you go basis without and income tax... great.