Tuesday, January 23, 2007

Many of the readers of this blog are rich! (according to the Washington Post)

Wednesday's New York Times editorial:
Mr. Bush’s [healthcare] plan would put a new tax on Americans who were lucky enough to still have good health-care coverage through their employers. Some large portion of those are middle class and represented by the labor unions that Mr. Bush and the Republicans are dedicated to destroying.
And how does the Washington Post characterize those with good health-care coverage? From Monday's editorial: (excerpts, emp add)
A Healthy Initiative

Tax the rich to help others buy health insurance? That's what Mr. Bush proposes.

Because richer people tend to have more expensive insurance, the reform would slightly increase tax rates for people in the top fifth of the income distribution while slightly reducing tax rates for others, according to the White House.


Many of the richest Americans don't have insurance. They don't need it. They have no reason to get insurance because they can pay their own expenses out of pocket at any time, because they have money to burn.

That is the definition of rich.

You don't need to pool your risk in with others when you can afford to pay any potential risks from your own pockets.

By Blogger Jeremy, at 1/24/2007 9:35 AM  

This is a very nice post, and I want to see how others react to this.

By Anonymous Janet, at 6/05/2007 5:35 AM  

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