Thursday
Jan072010
Taxing Wealthy Americans To Pay For Health Reform Is Fair, Says Former Clinton Official
Former Clinton administration Labor Secretary Robert Reich says the proposal in the House healthcare bill to tax wealthy Americans is more progressive and more fair than the Senate's alternative, which would be to wage taxes only on high-cost insurance plans. (:20)
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Reader Comments (1)
Taxing the higher cost insurance plans is unfortunate because it does not indicate the rational for the higher rate. If someone has a slew of chronic health problem, their insurance plans would be high cost. Taxing those who try to manage costs with higher coverage in these cases is not a very wise idea. It is better to tax those who have the ability to earn more.