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Originally Posted by host
Will & Mike.....I've posted in the past that, just 15 years after FDR died.....the poverty rate when JFK was sworn in was 30 percent.....LBJ did more to effect the halving of the poverty rate than any president before or since......
....and Mike....the top tax rate was levied on annual income above $400k....it was excessive, but it discouraged payment of the obscenely high executive compensation that occurs today.
will.... I can't agree that the working poor can afford to pay more than the FICA withholding that they today. Wealth distribution that relegates 150 million to 1/40th of total assets and 7/10 to 30 million of us is symptomatic if afailed system...
The working poor have a better method now, than under will's proposal....they get sick and they qualify for medicare if they have no assets and are too ill to work.
Your idea for reform will only protect folks with assets to lose, like a house or newer car or significant bank assets or other holdings. Our system cannot squeeze taxes from people one step from lapsing into medicare eligibility....so find another way. Those with assets large enough to preserve will and should pay higher taxes for guaranteed medical coverage.... but not the working poor.
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Thanks host, that's what I was trying to articulate. The poor that are legal here have means to get some sort of healthcare already. I know because my mother in law goes to them. It's not easy as when she was in UK but she still gets all the care she needs currently.
She makes about <$18,000 collects some social security benefits already. So she'd be paying more for the system that she already gets benefits from.
Josh yes, I already pay for those, just like I pay for the public schools, even though I have no kids and my parents put us in private schools. I understand that you cannot pick and choose but here you are creating a new system. So I ask those kinds of questions because it is new and I'm jaded to paying more for things that I already don't use.
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