Before we start cutting health care for kids or seniors,shouldn't we get rid of the loopholes for the wealthy?

Question

Before we start cutting health care for kids or seniors,shouldn't we get rid of the loopholes for the wealthy?

Answer 1

Not before but simultaneously.



Now that GM, SEIU, AFL CIO, GE, etc. are in a good position with the White house, they can afford the increase that will come their way & offset that increase through consumers. Though higher prices may mean less purchasing for consumers, it will help in tearing down others not in good with the house, smaller guys, & start up guys who might have just created something revolutionary or just providing commodity or a service. Thus securing GEs, GMs, & the Unions existence.



One thing is for sure it won't be long till the outcome is similar to Prichard, Alabama. The scheme of reducing debt or creating jobs through grants & subsidize cronyism is like some friends, relatives, co-workers, & acquaintance borrowing from one person to another person when they run out of people to borrow from, they use the last person's loan to pay off one of the creditors so that they can borrow even more from that creditor & pay off another creditor's (friend, acquaintance, co-worker, relative) smaller loan to borrow an even larger one while keeping the extra for you're self. Once everyone loose their trust towards them, they disappear where no one can find them. There's a reason why many countries are ticked off or concerned with the dollar. The system of artificially inflating demand (socialism) on certain industries with social benefits or subsidies collapses in the long run. Printing more money is a sneaky way of devaluing what is owed to foreign nations & devaluing future generations earnings, thus putting into question the seriousness of the borrowers commitment in paying off it's debt. If trade protectionism can start wars, how about debt.



What happened to the shovel ready projects? What's with the health care waivers? Why take from medicare/medicaid to fund Obama care? How many Agencies should there be?

Dear leader & his congress should have read & thought through the bill that someone else drafted, authored, & put together before shoving & signing it through to know what's in it.

With 1800 staff in the administration, how much work, thinking, reading, & writing is the seat in office really engages into.



3 trillion added in the past year, wanting 2 trillion more for the year & so on for the next years to fund foreign aid, foreign intervention, foreign oil exploration, fund cronyism with subsidies, welfare, or tax write offs (credits). Yet propose cutting 1 trillion over 10 years when debt would have added 2-3 trillions more a year that this administration is in office. Why even cut anything when you just keep borrowing.



Illinois increased tax to 70% only to give subsidies, waivers & tax breaks to keep the big guys from leaving.

Are they now realizing that companies provide more to the community than freebies like WI-FI? Will there be more revenue from 100 companies or a million or more companies?



http://www.brandonsun.com/lifestyles/breaking-news/121418694.html?viewAllComments=y



http://www.youtube.com/watch?feature=iv&annotation_id=annotation_63118&v=TAZTolv4_ko



http://www.youtube.com/watch?feature=iv&annotation_id=annotation_491991&v=OW52_HfRcjA



https://answersrip.com/question/index?qid=20110507202802AAf9yBj

Answer 2

Before "we" start letting the federal government set up Health care programs for kids or seniors we ned to ask a few questions:



1. Is there anything in the Constitution of the United States that allows the federal government to interfere in health care? Answer: NO.



2. Has the federal government successfully taken over ANYTHING that would lead a sane mind to believe that it can run a health care program? Answer: NO.



3. What are these "loopholes" and who are "the wealthy" who benefit from them? Answer: Both unspecified leading me to believe this question is asked by another jealous bot with no plan, desire or intention of ever being one of "the wealthy".



Taking all of that into account we get an answer of NO. If you want to close any tax "loopholes" then you need to support a flat tax on EVERYONE with no deductions or exemptions.

Answer 3

Funny you should mention that. The republican plan to cut spending on Medicare is to require wealthy people to pay MORE for their health care and for the poor to get subsidies so they don't have to pay anything out of their pocket.



Sounds pretty simple to me. The rich who can afford it pay more and the poor who can't afford health care pay nothing. Each person pays, or not, according to their financial ability.



But the Democrats in Washington reject this plan. The same liberal politicians who are always screaming "Tax the rich" are against a plan that taxes the rich. These same liberals who claim to be a friend of the poor and working class are against a plan that would provide low cost or free health care to the working class and poor.



The reason is simple. The Republican plan allows people to make their own choices about their medical care and the liberals think the government should be in charge of making those decisions for you.



Under current Medicare rules everybody gets the same free medical care. The rich and the poor alike. The Republicans want to close that loophole and make the rich pay more for their medical care so the poor can pay less. The liberal Democrats are against this.



The Democrats have been screaming "Tax the rich" for years. Now the Republicans are saying "OK, lets tax the rich". And the liberal Democrats reply is "You can't do that. You are trying to kill granny".



You wanna get rid of loopholes for the wealthy? First you gotta get rid of the liberals who oppose it.



@ dead as leaves. $1,600 billion minus $30 billion leaves a balance of $1,570 billion. That is a reduction of about 1%, not 20% as you claim. You must have been educated in a liberal school. Either you don't know the difference between 1,600 and 160 or you are unable to do simple 4th grade math. Or like the global warming proponents you just like to change the numbers to get the answer you want.

Answer 4

Loopholes are used by the wealthy and corporations. Everybody knows this, yet nobody does anything. Well like the man says, and this is common sense folks, it is time to take the hit, tighten the belt and pay up. Most corporations in America only pay about a forth of the taxes they should. Many industries in America get subsidies. There is much waste and fraud in federal programs, including the military. Times have changed. Stop whining and complaining and get it done.

Answer 5

"cutting the loopholes" would result in about $30 billion more revenue per year. We are currently running a deficit of $1600 billion per year. So sure, close the loopholes, but it is like pissing in a river, nobody will notice"



Wow did you even read what you typed? 30 billion of a 160 billion is roughly 1/5

If 1/5 of your house was missing i'd think you'd notice

If you'd got a raise of 1/5 of your regular salary, it would make a difference



Thanks for proving our point on this one

Answer 6

I think SOME loopholes need to be closed for EVERYBODY, not just the poor ole wealthy.



I also think a lot of the pork in the budget needs to be cut first, before healthcare ever takes a hit -- projects like the famous bridge to nowhere, scientific grants to study how to make pickles taste better, the mating habits of snails, crap like that.

Answer 7

I'm all for doing both, and everything else. Cut all government programs accross the board (some more than others)...then close most of the loopholes, simplyfy the tax code, and ideally, make the federal tax brackets into one...a flat tax. Without all the loopholes, we would get by just fine with a flat tax.

Answer 8

"cutting the loopholes" would result in about $30 billion more revenue per year. We are currently running a deficit of $1600 billion per year. So sure, close the loopholes, but it is like pissing in a river, nobody will notice. Except for all the stupid jealous liberals that can say "yay, we raped the evil rich man!!!".



Why can't anyone talk about real solutions?

Answer 9

How about we make the 46% of the population who pay NO taxes start contributing something. How does that sound? Make them pay some taxes, even if it's $10 a year, and then when the liberals whine and cry that taxes need to be reaised, this 46% will be affected along with everybody else. How about tthat?

Answer 10

Sounds like a plan. Too bad Washington doesn't listen. Ron Paul 2012!!

Answer 11

It works like this in the US: You decide whether and when to have children and they are your responsibility, first and foremost, not the people down the street.



What are these loopholes of which you speak? Name some.

Answer 12

And cut wasteful military spending by half

Answer 13

A majority of the country doesn't want to cut entitlements, they want the rich to pay their fair share. Regardless of what Republicans think that is what has to happen.

Answer 14

YES , a thousand times YES .

Answer 15

Ask obama, he's the one proposing the cuts.

Answer 16

NOOO! You must bow down to and kiss the boots of the wealthy. Always.

Answer 17

Huh?