Health reform: A $1 trillion question

I was under the belief that during this new administration we would have a repreave from taxes to the lower class. Yet when looking how they want to fund the new health care reform, I only see new imposed taxes on the working class.

The total cost of overhauling health care is estimated at over $1 trillion, and the administration has made it clear that it doesn't want the overhaul to add to the already giant federal budget deficit.

Guess what this means. It means that in order to fund the new "reform" the taxpayers will have to foot the bill in some form or fasion.

When it comes to paying for all those changes, it'll be all hands on deck. Consumers, employers, health care providers and others in the industry will be asked to contribute. "We'll pay for it in a balanced way," Baucus said.

There you have it more taxes on the working class. What is ironic about this is having heard the interviews of people on election night that actually thought that the new administration would be some sort of Robin Hood. Those people are looking foolish now.

Impose Medicare tax on state and local government employees: Currently the wages of some state and municipal employees are not subject to the 2.9% Medicare payroll tax that other workers and their employers pay. Lawmakers may decide to subject all such employees to the tax.

This should already be in place. Just because you work for the government does not mean you should not pay the same taxes that the average private sector worker does. Who decided that government employees shouldn't pay?

Tax sugary and alcoholic drinks: One option under consideration would standardize and increase the federal tax on alcohol. Another would impose a new federal tax on beverages sweetened with sugar, high-fructose syrup or other ingredients. Diet sodas and other artificially sweetened beverages, however, would not be taxed.

That is right, tax the most common beverages that the lower class people drink. Most beer and soda advertising targets the youth and lower class people. What about those of us who have high metabolisms and need the extra sugar, should we be punished?

So far the current administration is being sneaky about how it taxes the people. At least in the Bush administration they were up front and honest about what they wanted to tax. Now we have to dig a little deeper to find the true tax.

Sorry people I forgot to add a link to the original story. Here you go.

Link to source CNNMoney.com

Enjoy the read and throw out some input.

The administration once again lied to us about taxes. How many things does this current administration get to lie to us about. They told us we would get tax reform. Now they are failing us once again. There is no change.