Welcome!

A blog interested in the truth, however uncomfortable it might be.  

Should the Rich Pay for The Uninsured?

http://roomfordebate.blogs.nytimes.com/2009/07/20/should-the-rich-pay-for-the-uninsured/

The Cost of Bailing out the wealthy is around $23.7 trillions, the wealthy 1% who make 20 % of all Income, can give back $200 millions. 

The people, including the uninsured, pay taxes (Property Taxes, State taxes, Sale Taxes and Federal Taxes); and proportionally they pay a much higher percent of their income than the 5.4% the wealthy would have to give from their unsheltered money, 
the left over after they donate money to non-for profit organizations, ran by family members or after they invest their money in real estate or stocks.  

In fact, 5.4% is not enough. I would add a tax on luxury items such as: jewelry, fur coats, luxury cars, yachts, sailboats....

No comments:

Post a Comment