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Author: telegraph Big funky green star, 20000 posts Top Recommended Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 90029  
Subject: Re: Senate agrees to no filibuster on healthcare Date: 4/28/2009 6:29 PM
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this is what Congress is now pushing....

"Amends the Internal Revenue Code to impose a value added tax of 5% on each sale of property, performance of services, and importation of property in the United States by a taxable person in a commercial-type transaction. Sets forth exceptions, including for food, housing, medical care, exports, interest, governmental entities, and certain tax-exempt organizations.
Establishes the National Health Care Trust Fund and appropriates to it amounts equal to the revenue received by the Treasury from such tax. "

The libs thought it would be free...ha ha...

Right..they won't pay for it in income taxes..>They'll pay when they buy gas, when they buy anything that isn't food (diapers, paper products) , newspapers, magazines, haircuts, college tuition, a car (used or new), furniture, a house, and everything else they 'buy'. LIkely on utilities and services.

Natioanl 5% VAT - like a sales tax...to help pay for the health care, plus, I'm sure, if you make over $32,000 a year for a family of four,you'll have to 'buy' your insurance as well. The 5% VAT just pays for the 20 million who 'can't afford' health insurance. Everyone else will have to pony up money to BUY a policy. And everyone, by HR15 must buy a policy, even if subsidized by the gov't.

STay tuned....the libs are rabid....and going to pass something like this.

Right..>Obama won't raise your income taxes....but he never said anything about NOT adding a new tax to pay for health care!

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