Thursday, May 14, 2009

Rick Santelli's Chicago Tea Party

Rick Santelli's Chicago Tea Party

Even more ways to pay for healthcare

Posted: 13 May 2009 08:49 AM PDT

Adding to the previous blog, Congress is also considering cutting medical costs by reducing sodium levels in packaged foods and at restaurants.  Just imagine the possibilities.  The Federal Government could micromanage every milligram we ingest.  But wait, what about the number of breaths each of us takes each day?  Another possibility being considered is putting a cap on the deduction for charitable giving.  Talk about de-incentivizing generosity.

Congress and its panel of economic “experts” continue to outdo themselves.  Tax everything that moves, micromanage our sodium intake, and punish charitable giving.  Yep, these sound like real worldbeaters.

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Congress looking for ways to pay for health care plan

Posted: 13 May 2009 08:35 AM PDT

Democratic leadership is considering a myriad of tax increases to fund a potentially monolithic health care package.  Ideas being thrown around include higher taxes on alcohol, cigarettes, and sodas.  Other proposals include taxing company health benefits and health savings accounts.

Here’s an idea.  Why not just get it over with and tax everything to pay for all this spending?  Tax the people.  Tax the animals.  Tax the trees.  Heck, why not even tax the microscopic organisms that live in the soil?

Now, before a torrent of Democrat and Obama bashing ensues, let’s remember that the Bush administration and a largely Republican Congress cut a whole slew of taxes.  Yet, the budget was never balanced, and the national debt doubled.  That’s because federal spending exploded.

It’s a stark reminder that cutting or raising taxes by themselves won’t cure our ills.  It’s all about the spending.  We print too much, borrow too much, and spend too much. Until we cut spending, and cut it significantly, no amount of tax cuts or tax hikes will forestall the day of reckoning for our nation.

Read the article here.

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