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How will government raise the money needed to pay subsidies to let people and businesses buy health insurance?

09 Apr

Will this money come from the fines imposed on those who do not buy health insurance? Or what specific new taxes will pay for that?

 
4 Comments

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  1. myopinion

    April 9, 2010 at 8:16 pm

    Puff the magic Obama Dragon will wave his wand and money will float down from he heavens…. Must be that. Too many of us do not have jobs.. thought that was his first priority.. apparently not. But no job, no money for health care…. try again Obama!

     
  2. Raina H

    April 9, 2010 at 8:50 pm

    yeah the poor will pay again lol

    good one…

     
  3. joseph_d_II

    April 9, 2010 at 9:14 pm

    The money garnered from taxes on businesses and people who don’t have or buy health insurance won’t be enough to fund the program. So the government will have to tax other amenities. Although I doubt it will happen the “bread and butter” tax increase is usually a higher tax on tobacco but the government just recently did this and I don’t see them doing it again this soon but you never know. You might actually see a higher tax on bread and butter, there has been talk recently of a tax to be put on fast food and junk food and with 80% of the states already having a state tax of some form on these items I can’t see the feds being too far behind. The truth is there is no telling where the tax will be placed but historically speaking the tax will affect the middle class the most, as the poor don’t have the money and the rich have all the lobbyists.

     
  4. Bob G

    April 9, 2010 at 9:40 pm

    Taxes and more taxes.