The
Healthcare Bill- the New Taxes They Are Not Telling You About
Before
any of the details of the new healthcare bill have even been discussed,
lawmakers and experts are beginning to recognize that taxes are going
to have to be raised, including income taxes.
Even
then, the cost of the new health plan is projected to be $1.2 billion.
A sum that requires, in the words of the bill’s proponents “new
revenues”.
Currently,
the bill lacks any definition of what an “affordable”
plan is, how much it will cost individuals, who will provide it, and
what it will cover. Financial predictions of the sustainability of
the plan have been based on the wishful thinking that somehow, costs
for healthcare are going to go down once everyone is insured. Since
there have been double-digit increases in the cost of healthcare every
year, experts say there is no rational reason to believe that.
Speaker
Sal DiMasi said lawmakers were intent through the negotiating process
to try to achieve a compromise plan without raising taxes. However,
DiMasi added: “We’re committed to doing this and we are
putting new revenues into it”, a stark admission that there
will be new taxes involved.
The
Urban Institute, which was one of the organizations behind the push
for the bill, was even more forward. “I know it’s hard
to raise taxes everywhere, but I think it can be done,” John
Holahan, executive director for Health Policy Research at the institute
said. “It’s a lot easier for me to say than the Speaker.”
Michael Widmer, president
of the Massachusetts Taxpayers Foundation, (called by Barbara Anderson
of Citizens for Limited Taxation a Trojan Horse for "fat cats")
says the structure of the plan is sustainable over the long term,
although its price tag is likely to rise as the cost of health care
rises with inflation. That increase, he said, would be covered by
a rise in tax revenues.
Experts have
noted that ultimately everyone in the state will be paying for the
honor of being the first state with “universal” healthcare,
whether we want to or not.