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Scoop: Bannon pushes tax hike for wealthy
Axios ^ | July 2, 2017 | Jonathan Swan

Posted on 07/02/2017 6:19:38 PM PDT by be-baw

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To: central_va
You don't know how much "insurance" pays doctors.

Ask your local MD how much they actually collect from "insurance".

With United Health Care, they get a maximum of $80, even if the service costs four times that much.

If they take medicaid it is even worse.

Think pennies on the dollar.

Why do you think doctors won't take medicaid?

We LOSE money to treat these folks.

How would you like it if it COST you money per patient?

81 posted on 07/02/2017 9:58:14 PM PDT by boop (I'd wish you luck, but you wouldn't know what to do with it if you had it!)
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To: boop
You don't know how much "insurance" pays doctors.

But I do know because UHC sends me a statement when they pay out for services. I see what the doctor charged and what the insurance company paid. It is very clear.

82 posted on 07/02/2017 10:06:27 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: Mom MD

“And this site calls itself conservative.”

Even worse, the site name implies a devotion to Freedom, America’s number one founding principle - the original reason, I vaguely recall, for the these fireworks outside right now.

Yet many here are willing to be dem-lite supporters when it comes to healthcare, taxes, etc. There is absolutely no valid way to justify raising the already embarrassingly high top rates. Assuming a person believes - at all - in original American style individual freedom.

The word ‘conservative’ is somewhat nebulous - lots of so-called conservatives favor laws which are not the least bit freedom-oriented.

The level of individual Freedom is a fairly objective measure that we here at FreeRepublic should always seek to increase.

People here can sugar coat their progressive postures with pseudo-righteous talk of over-taxing only people who theoretically deserve to be robbed. And people here can rationalize Freedom losing again if it can convince themselves they are ‘winning’ the dark sport of politics.

However... regardless what they call themselves... anybody working for an increase in the top rates is unquestionably working toward a decrease in Freedom.


83 posted on 07/02/2017 10:55:14 PM PDT by BuddhaBrown (Path to enlightenment: Four right turns, then go straight until you see the Light!)
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To: ClearCase_guy

... I prefer a strong move toward a retail sales tax rather than anything like an income tax. But that’s very hard to sell to Washington.
****************************
Hard sell to consumers, too, as it would increase the costs of groceries, clothing and other necessities on the middle and lower income folks.


84 posted on 07/02/2017 11:36:11 PM PDT by octex
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To: central_va

“Tax cuts increase revenue so paying for it is a misnomer.”

Tell that to Kansas.

Yes there are examples where cutting tax rates have increased government revenue, but to make to claim this is gospel and is always the case is dogmatic drivel.

There are huge problem with the chronie capitalism of today, the abject control and accumulation of wealth at the top and trhe failure of it to move effectively through society is a massive problem.. And it’s one that endangers the very fabric of our society.

These aren’t left wing invented fake news, this is reality... Documented and proven... The world is not like it was in the 50s/60/70s. Hell even the 80s is a lifetime away from where we are today in terms of capital flowing through all of society.

The systematic extraction of wealth from the US economy has been going on for decades now. Wealth is NOT flowing through society like it should, the laws, systems and even culture have been manipulated to ensure that those have get more and this without get less...

The belief that tax cuts innately bring revenue increases and always will, was just show to be a false commandment spectacularly in Kansas. Cutting taxes can only increase revenues if the former tax revenues wind up being invested domestically... If they aren’t, well thank you for allowing even more wealth to be extracted to the international market.


85 posted on 07/02/2017 11:45:30 PM PDT by HamiltonJay
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To: be-baw

I believe it’s crap (who are the sources?) and prime fodder for the concern trolls among us.


86 posted on 07/03/2017 3:01:36 AM PDT by trebb (Where in the the hell has my country gone?)
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To: be-baw

“As far as I know wealth is not taxed in the US and as one who has been frugal, has retired and have had virtually 0 income”

Sounds like me too. It is only a matter of time before the government figures out a way to glom onto one’s wealth. The idea to meld IRAs into social security is one of the plans some have put forth.

My fear is there is only so much income that can be taxed before the tax becomes a joke as no one pays.


87 posted on 07/03/2017 3:38:36 AM PDT by Mouton (The MSM is a clear and present danger to the republic.)
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To: be-baw

DON’T believe this CRAP!! It’s from AXIOS, nothing but a LEFT WING Net Rag.


88 posted on 07/03/2017 3:46:23 AM PDT by Ann Archy (Abortion....... The HUMAN Sacrifice to the god of Convenience.)
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To: stylin19a
so can I assume no spending cuts ? that's what's killed Kansas tax cuts, they didn't cut much spending.

Kansas can't run a budget deficit, the federal government can. So can a $30 trillion national debt be far behind if they get Cohn and Mnuchin get their way?

89 posted on 07/03/2017 3:55:26 AM PDT by DoodleDawg
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To: HamiltonJay
Yes there are examples where cutting tax rates have increased government revenue, but to make to claim this is gospel and is always the case is dogmatic drivel.

The Kennedy tax cuts, the Regan tax cuts and the Bush tax cuts resulted in increased government revenue. So you'd be totally mistaken. I will post the raw data on annual government income for you if you want to educate yourself.

90 posted on 07/03/2017 5:40:53 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: DoodleDawg

You are one of those tax cuts decrease revenue nitwits.....


91 posted on 07/03/2017 5:42:28 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: central_va
You are one of those tax cuts decrease revenue nitwits.....

And you are one of those tariffs can fund the government ding-a-lings. It's nice that we know so much about the other.

92 posted on 07/03/2017 7:07:37 AM PDT by DoodleDawg
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To: DoodleDawg

Tariffs have funded FedGov for many decades(actually 180 years) and revenues did increase during the 1960’s, 1980’ and 2000’s. So I have facts and you have BS.


93 posted on 07/03/2017 10:00:28 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: be-baw
I think this is BS. 400K a year is a nice chunk of change but it aint burning down the barn rich. It's a couple of professionals in a big city, maybe one of them pulling down a nice sized bonus.

Or maybe the plumber who spent 20 years building his business and is now sitting comfortably.

It's mostly a sad testament to this country that only 1% of us only make this much.

These people are getting killed enough as it is. Leave 'em alone.

94 posted on 07/03/2017 10:01:47 AM PDT by riri
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To: central_va
... and revenues did increase during the 1960’s, 1980’ and 2000’s

So did deficits. The one unknown is what would revenue have been without the tax cuts? Higher or lower than with?

95 posted on 07/03/2017 10:11:54 AM PDT by DoodleDawg
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To: DoodleDawg
So did deficits.

Spending has nothing to do with revenue. Nothing at all. For example my wife's spending habits do not affect what my take home pay. Why is that so hard for nitwits like you to understand? The only correlation is when spending is subtracted from income to determine solvency. That is their only relationship.

How liberal trouble making idiot like you is allowed to prance around Free Republic so long is a mystery.

96 posted on 07/03/2017 10:16:41 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: central_va

And the Kansas tax cuts I explicitly referenced in my post Nearly bankrupted the state! Get knowlegable before you spout examples as proof of dogma when clear and crushing counter examples exist.

So tired of ideologues... Who think ideological orthodoxy is universal law.

Wake up. Kansas took the market uber alles dogma and destroyed their economy and nearly bankrupted the state.

Just because something can work, doesn’t mean it will always work in every case...

A republican governor and republican legislarure literally economically destroyed Kansas in a few short years by buying dogma as fact.


97 posted on 07/03/2017 11:37:14 AM PDT by HamiltonJay
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To: central_va
Spending has nothing to do with revenue.

But spending exceeding revenue equals deficits. Haven't we learned that by now?

How liberal trouble making idiot like you is allowed to prance around Free Republic so long is a mystery.

You're easily confused.

98 posted on 07/03/2017 1:36:46 PM PDT by DoodleDawg
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