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Say this about the rich...They're kind of like the gift that keeps giving.
Here's the deal:
Not a deal for the rich.
Because while there's no big, old 5.4 percent wealth tax slapped on 'em like the House bill...
This Senate health-care bill everyone's been pouring through....doesn't exactly let the rich...Rest.
It just finds more creative ways to go after 'em.
First, by taxing their pricey private health-care plans.
Then, hiking their Medicare taxes while they're at it.
Then, for good measure, imposing a 5 percent excise tax on their cosmetic surgery, should the rich find themselves quickly aging because of it.
I think you get the gist of it.
Because forget all these sorted details, if there's one thing coming through loud and clear in this health-care debate...It's that there's no debating who's footing the bill.
Which is helping these guys sell this bill.
By insisting it won't be your bill.
Just the rich folks' bill.
Leaving aside, for the moment, the other half of the bill paid supposedly through savings we've never seen in government...
What makes you think simply taxing the well-to-do will do the rest for the government?
What makes you think it ends at the rich?
And what makes you think history won't repeat itself?
The alternative minimum tax ring a bell?
Remember how it was supposed to just rope in the rich avoiding taxes?
Now millions more sucked into paying AMT taxes.
How about Medicare itself?
Remember what a disappointment it was back in 1965 with that measly $65 million first-year budget that liberals claimed was barely a budget at all?
Now more like $400 billion and it still ain't enough.
That's the thing about feeding the beast.
The beast always needs more feeding.
And more people to feed it.
And if history is any guide, not just rich people.
Pretty soon...well...all people.
I know, beastly.
But...
True.
Health bill seeks early end-of-life decisionsCavuto: For the Rich, the Tax Apocalypse May Be Here