The GOP is talking replacing Obamacare with unconstitutional expansion of healthcare subsidies thru tax deductions and funding of more redistribution thru healthcare exchanges for folks who can afford their own health insurance coverage. This is another unconstitutional manipulation of the tax code and State and individual subsidy respectively that harm the American economy and People.
What John Goodman overlooks is that businesses pay as compensation health insurance and hence it is like all other business' compensation expenses, deductible against the income of the business. We have regulated and subsidized ourselves into a regulatory, redistributive gordon knot and must deeply cut spending and regulation to make our way out of certain bankrupcy.
Medicare is unconstitutional. I realize that private Medicare plans with means tested subsidy is a possible step in the right direction but it is a continuation of unconstitutional spending and should end altogether. All Federal mandates for health insurance coverage should be eliminated so that those who choose not to partake in Medicare have alternative policies in the market. It is a State's responsibility to ensure insurance markets. The only way to encourage States to repeal their insurance coverage mandates that have created this affordability issue is to allow across State border purchase of health insurance. Privatization and the elimination of the anti-trust excemption for insurance purchases will go farther to drive down costs and provide choice than further unconstitutional manipulation.
HSAs (Health Savings Accounts) and exemption from income tax for employer paid health insurance like retirement tax preference manipulates the market and doesn't permit folks the possible best use of their money for consumption or investment. These preferences add unnecessary costs in time and regulatory compliance to the consumer. Just as all income should be treated the same way so too all uses of ones income.
The GOP should revise HR 4224 and REMOVE all funding for State Healthcare Exchanges, remove health insurance purchased by business as income tax exempt along with a flat tax alternative. Any Bill should NOT expand entitlement or redistribution in anyway but should in fact be comprised of the Repeal of the unconstitutional regulatory and subsidy errors of the past.
See how Freedomworks is aiding the expansion of entitlements and redistribution buried deep in the bowels of the legislation they are promoting. http://teapartywdc.ning.com/profiles/blogs/freedomworks-and-trojan-...
We must read carefully all proposed "replacement" of Obamacare for in calling it a replacement they have admitted to expanding unconstitutional entitlements.
Tea Party WDC