The initial tax hikes on the quarter-million-dollar club are projected to raise $318 billion over ten years (although ... ). But while the same states that the details of this plan, to be hashed out with Congress, “must put the United States on a clear path to cover all Americans,” it concedes that “$630 billion is not sufficient to fully fund comprehensive reform.” Translation: hold onto your wallets. Middle-class Americans should be prepared for significant tax increases within a few years.Here is a previous article from The American on Obama's health care plan.
Our healthcare system is in trouble today because we have consistently ignored market-oriented solutions and instead sought out policies based on public finance and top-down regulation.
And John Goodman also explores the Obama plan, and has some advice for opponents of a government takeover of health care.