By now you know the health care bill passed the US House of Representatives last night. There is so much to write about this topic – but I will remain brief and start with a few simple thoughts.
In essence the government took the first step in taking control of 1/6th of the US economy.
(Oh – it is OK Ron – don’t worry. The AMA and AARP said so. And Gene Green told me it will be OK. Don’t worry Ron – think positive. Something had to be done – right? People dying in the streets in mass etc…)
Please get this:
- Our government now owns your banks.
- Our government now owns your insurance companies.
- Our government now owns your automobile manufactures.
- Our government now is in control of YOUR HEALTH.
Is this what we are about? Is this what our founders envisioned?
Income Tax & Healthcare – Similar Origins
Income tax began in 1861. The original tax was levied to pay for the war effort of the American Civil War. The first income tax was 3% of all incomes over $800.00. The tax was repealed and replaced by another income tax in 1862.
In 1894, Democrats passed the Wilson-Gorman tariff, which imposed the first peacetime income tax. The rate was 2% on income over $4000, which meant fewer than 10% of households would pay any. The purpose of the income tax was to make up for revenue that would be lost by tariff reductions. I ask you… did the intention of the bill outlive the reality of where we are now? NO!
POINTS
- Income tax, like healthcare, was meant to be the responsibility of the “wealthiest” Americans.
- Currently – healthcare costs will be funded by those making over $500,000.00 a year. EVENTUALLY THAT AMOUNT WILL BE LOWERED and 60% of us will foot the bill for 40% – Just like income tax!
- You will pay for healthcare for those who say “I can’t afford it” as they live in a $300,000.00 home OR drive an $80,000.00 BMW OR gamble away their income OR fail to prioritize their finances to cover what is most important ETC…
There is no constitutional provision for this type of wealth redistribution – NONE – ZIP – ZERO - but yet – your congress seems perfectly willing to do it.
In the last 24 months these three major legislative pieces have passed:
- TARP (700 billion dollars)
- CAP and TRADE ( will raise your energy bill by $150.00 / month)
- Healthcare (1.4 trillion dollars)
Our congress is killing our economic freedom.
Here is my final question – What are you doing about it?
If you think the life of soccer games and beer drinking will continue as we spiral into economic turmoil – think again!
By the way – I think since bearing arms is a constitution right – the government should buy everyone a gun and make them carry it – even if they don’t want to….
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