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Political Threads This section is for Political Threads - Enter at your own risk. If you say you don't want to see what someone posts - don't read it :hihi: |
03-24-2010, 08:51 AM
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#1
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Registered User
Join Date: May 2003
Location: Easton, MA
Posts: 5,737
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Quote:
Originally Posted by spence
A lot of it from taxing the wealthy.
If you'd read the bill you'd know that.
-spence
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Clearly, I've read more of the bill than you. I have to admit that when you use vagaries like "a lot of it", it sounds like the wealthy are going to be supporting the rest of us. In typical Spence fashion though, you don't provide any real numbers because you don't know them. The wealthy will only be paying a higher tax on Medicare. If you read the bill, you'd know that.
Do you know anything about the mandates in the bill that could raise the price of premiums? Maybe you wouldn't mind having a plan that requires you to have coverage for infertility treatments or wigs. When the government mandates that a plan can only legally be sold in a state if it has certain mandates, it's effectively forcing people to pay more for their coverage.
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03-25-2010, 01:52 PM
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#2
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Registered User
Join Date: Nov 2003
Location: RI
Posts: 21,481
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Quote:
Originally Posted by fishbones
Clearly, I've read more of the bill than you.
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Clearly.
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I have to admit that when you use vagaries like "a lot of it", it sounds like the wealthy are going to be supporting the rest of us.
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Don't they already?
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In typical Spence fashion though, you don't provide any real numbers because you don't know them. The wealthy will only be paying a higher tax on Medicare. If you read the bill, you'd know that.
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It's unfortunate that I'm so important as I don't have the idle time to do a lot of homework, perhaps I could ask my admin, but I doubt she'd comply.
The wealthy are going to bear the brunt of this bill, and the benefits are going to be spread among everyone else. It's not just the hikes in Medicare taxes for the rich, which are a primary source of funding, but applying Medicare taxes to income such as dividends and capital gains. Additionally it's going to cost more for companies to insure highly compensated executives.
Quote:
Do you know anything about the mandates in the bill that could raise the price of premiums? Maybe you wouldn't mind having a plan that requires you to have coverage for infertility treatments or wigs. When the government mandates that a plan can only legally be sold in a state if it has certain mandates, it's effectively forcing people to pay more for their coverage.
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There are also aupposed to be negotiated concessions with the insurance industry to cut costs.
I'm not aware of anything in the new bill that mandates coverage for infertility treatments, and as for wigs, I'm just thankful nobody in my family has cancer...
-spence
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03-25-2010, 02:33 PM
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#3
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Registered User
Join Date: May 2003
Location: Easton, MA
Posts: 5,737
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Quote:
Originally Posted by spence
It's unfortunate that I'm so important as I don't have the idle time to do a lot of homework, perhaps I could ask my admin, but I doubt she'd comply.
The wealthy are going to bear the brunt of this bill, and the benefits are going to be spread among everyone else. It's not just the hikes in Medicare taxes for the rich, which are a primary source of funding, but applying Medicare taxes to income such as dividends and capital gains. Additionally it's going to cost more for companies to insure highly compensated executives.
How do you define "wealthy"?
There are also aupposed to be negotiated concessions with the insurance industry to cut costs.
Cut what costs?
I'm not aware of anything in the new bill that mandates coverage for infertility treatments, and as for wigs, I'm just thankful nobody in my family has cancer...
I'm thankful nobody in your family has cancer, too. Unfortunately, I know a lot about what it does to people and the people close to them. It's an awful disease.
Do you need me to define "mandate" for you? If someone wants coverage for wigs or fertility drugs, they can choose a plan that covers those things. If it's mandated that everybody has to have a plan with those things covered, the premiums will cost more and you won't have a choice. Kind of like the old "don't worry, we know what's best for you" thing that seems to be the way of the administration.
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Why don't you get back to me when you've had a chance to at least browse a little of the bill.
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03-25-2010, 04:48 PM
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#4
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Registered User
Join Date: Nov 2003
Location: RI
Posts: 21,481
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Quote:
Originally Posted by fishbones
Why don't you get back to me when you've had a chance to at least browse a little of the bill.
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In think you need to defend your assertion that the wealthy are not footing a lot of the bill.
As for "wealthy", the Administration thinks it's above 250K. Personally I don't think that's rich, but we're talking about the top 2% of households who already pay over 40% of Federal taxes.
I'm in between planes right now, sorry if I don't have the time for some pretty graphics to adorn my post.
-spence
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03-25-2010, 04:55 PM
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#5
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Registered User
Join Date: May 2003
Location: Easton, MA
Posts: 5,737
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Quote:
Originally Posted by spence
In think you need to defend your assertion that the wealthy are not footing a lot of the bill.
As for "wealthy", the Administration thinks it's above 250K. Personally I don't think that's rich, but we're talking about the top 2% of households who already pay over 40% of Federal taxes.
I'm in between planes right now, sorry if I don't have the time for some pretty graphics to adorn my post.
-spence
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I'm sure you have some "pretty graphics" in your pocketbook. Oops, I meant carry on.
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03-25-2010, 05:14 PM
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#6
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Registered User
Join Date: Nov 2003
Location: RI
Posts: 21,481
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Quote:
Originally Posted by fishbones
I'm sure you have some "pretty graphics" in your pocketbook. Oops, I meant carry on.
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I have a rather booring Hartmann briefcase and a Tumi rollaboard that I do really love. Good to have a good suitcase when you're on the road as much as I am.
Really, I am sorry if this isn't living up to expectations. I'm multitasking at this moment, trying to respond to this inane thread, quaff a few IPA's and draft some technical roadmaps for a VERY LARGE DEAL.
-spence
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03-25-2010, 05:30 PM
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#7
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Registered User
Join Date: May 2003
Location: Easton, MA
Posts: 5,737
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Quote:
Originally Posted by spence
Really, I am sorry if this isn't living up to expectations. I'm multitasking at this moment, trying to respond to this inane thread, quaff a few IPA's and draft some technical roadmaps for a VERY LARGE DEAL.
-spence
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Good luck with your deal. I hope it's as big as your huge ego. 
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03-25-2010, 07:18 PM
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#8
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Registered User
Join Date: Nov 2007
Posts: 12,632
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Quote:
Originally Posted by spence
Good to have a good suitcase when you're on the road as much as I am.
Really, I am sorry if this isn't living up to expectations. I'm multitasking at this moment, trying to respond to this inane thread, quaff a few IPA's and draft some technical roadmaps for a VERY LARGE DEAL.
-spence
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oh please..you haven't been out of your mom's basement in a year and a half and a VERY LARGE DEAL for you is scoring a rare Star Wars figure on Ebay 
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