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What started out as a Tax on One Group and For One Purpose…

Editor’s note: This is an excellent post by Dick Quinn –

The current estate tax was enacted as a temporary measure to help fund World War I, the Alternative Minimum Tax was designed for a few individual who escaped paying income tax, it’s still with us and has not been indexed, The Medicare Part B tax once stopped at the Social Security wage base, it does no longer.  Once a tax is in place, the revenue is always spent and new things always found to spend it on.  If the tax is spent on entitlements that are ever increasing and upon which more and more people come to depend, the tax will forever be expanded.  Keep all this in mind when you decide about health care reform, not that you are going to have any say.

Read the rest of the post here:

http://quinnscommentary.com/2010/03/03/health-care-reform-just-know-what-you-are-paying-for-and-how-much-you-will-pay/

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March 3, 2010 - Posted by | Cost, Federal Government, healthcare, tax | , , ,

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