President Obama's next big spending spree

By Anthony Landaeta | 02/22/09 | 03:15 PM EDT | 0 Comments

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This week President Obama will start talking to Americans about NATIONAL HEALTH CARE coverage for all Americans within a certain tax bracket. The coverage will be extended to Illegals, homeless, the elder, and folks within a certain tax bracket. Who will pay for the coverage? the Small Businesses of America, and the so-called Rich by paying higher taxes. It would be nice to have a National Health Care System but we, as citizens cannot afford to pay the cost of it. As you know nothing is Free in Life, all countries like Germany, France, Britain, Canada have some what of a good government plan for all citizens But these folks pay for it in the payroll taxes up to 7% of there income, sales taxes, and gas taxes and that just covers basic health insurance if they want more then the basic they have to pay for it out of there pocket. This is how other countries pay for there State Sponsored Health Insurance.

  • Gas Tax Average 70%
  • State Sales Tax Average 19%
  • Payroll Taxes 7% and higher for some countries
  • How about a Television Tax to watch T.V or a Habitation Tax whether you own a property or not this tax is based on location and size of family.
  • Gas Taxes in Germany, France, Britain and Canada are 60% to 75% of the cost of gas per barrel so taking 70% the tax would be $5.60 plus the base price of gas of $2.29 per gallon = $7.89 per gallon.

 
Canada's Estimated Cost $148 billion per year 10.3 percent of GDP (2006) there population is 33,679,263

All of the other countries populations is smaller then the U.S population and in fact here is the populations of all four countries:

France 64,094,658
Canada 33,679,263
Germany 82,369,548
Britain 60,943,912

Total for all Four 241,087,381

The U.S population 303,824,650
U.S Baby Boomer population of 78,997,409
is bigger then 3 of the 4 countries listed above in population.

I still ask how do we pay for National Health Care when it could cost the tax payer as much as 1 trillion dollars too put into place, that's a lot of money and yes our taxes would go up but maybe nobody would mind paying all of our money towards taxes, its funny how we always talk about other countries and all the great things they do for there Citizens (like making them pay 19% in sales tax and $8.00 a gallon for gas and don't for get the great (Habitation Tax whether you own a property or not this tax is based on location and size of family). Everybody wants a free ride but nobody wants to pay for it personally unless we can get the so-called Rich or struggling small Business to cover the bill.

 
We do need to do something, how about trying Capitalism instead of Socialism

TAGS: President Obama, healthcare

 

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