ANOTHER REASON THE BAGGERS DON'T LIKE THE HEALTH CARE BILL

It makes America an economically fairer country and that's EVUL to freaks like Glenn Beck.

In Health Bill, Obama Attacks Wealth Inequality

By DAVID LEONHARDT
Published: March 23, 2010
NY Times

A big chunk of the money to pay for the bill comes from lifting payroll taxes on households making more than $250,000. On average, the annual tax bill for households making more than $1 million a year will rise by $46,000 in 2013, according to the Tax Policy Center, a Washington research group. Another major piece of financing would cut Medicare subsidies for private insurers, ultimately affecting their executives and shareholders.

The benefits, meanwhile, flow mostly to households making less than four times the poverty level — $88,200 for a family of four people. Those without insurance in this group will become eligible to receive subsidies or to join Medicaid. (Many of the poor are already covered by Medicaid.) Insurance costs are also likely to drop for higher-income workers at small companies.