New Taxes on Universal Health Care


	New Taxes on Universal Health Care

jay8h

10-13-2009 5:15 PM

68 views

jay8h says:

"According to the JCT, this $180 billion in new taxes would include: A new tax on prescription drug makers that would account for $22.2 billion over 10 years; a new tax on medical device manufacturers that would bring in $38.6 billion; and a new annual tax on insurance companies would net the government $60.4 billion."

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/82db1f24-578e-478b-a48a-eac74dbb360f/2BE304C8-9984-4565-8E43-167D666BD973/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://cnsnews.com/news/article/55398" href="http://cnsnews.com/news/article/55398" style="font-size: 11px;">cnsnews.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://cnsnews.com/news/article/55398"><DIV><B>(CNSNews.com) – </B>The health-care bill that the Senate Finance Committee will vote on today will cost a total of $829 billion over 10 years, with $507 billion of that cost being covered by new federal taxes and fees, according to the Congressional Budget Office (CBO).</DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://cnsnews.com/news/article/55398"><div align="center"><img src="http://content6.clipmarks.com/blog_cache/cnsnews.com/img/D82743FB-436A-46EB-8614-BA825C0BD9F9" alt="" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://cnsnews.com/news/article/55398"><DIV>These new taxes and fees include:</DIV>
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-- $201 billion in new taxes on high-premium health care plans.</DIV>
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-- $83 billion in new taxes paid by workers who will receive less employer-sponsored coverage or lose that coverage altogether but will be compensated with higher wages or monetary benefits, which are taxable. </DIV>
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-- $23 billion in penalty fees paid by employers who do not comply with the federal insurance mandate.</DIV>
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-- $4 billion in penalty fees paid by individuals who don’t have health insurance.</DIV>
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-- $16 billion in new income and Medicare payroll tax revenue due to changes in Medicare.</DIV>
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-- $180 billion in other tax revenues items calculated by the non-partisan Joint Committee on Taxation (JCT).</DIV></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/2BE304C8-9984-4565-8E43-167D666BD973/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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