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View Full Version : U.S. Issues Will the Baucus Tax be passed onto consumers?


petegz28
09-16-2009, 01:48 PM
The Baucus plan says it will tax insurance companies providing "Cadilac" plans an additional 35%.

Notice the wording, they will tax the company, NOT the policy holder.

So the question is, do these companies just eat 35% of income in taxes or do they pass the costs along to the policy holders?

Poll to come

mlyonsd
09-16-2009, 02:05 PM
Is this a real question question? LOL.

Direckshun
09-16-2009, 02:11 PM
Nate Silver, watch out.

petegz28
09-16-2009, 02:11 PM
Is this a real question question? LOL.

You tell me...

The 35% tax is on insurance companies' Cadillac plans, not citizens.

RINGLEADER
09-16-2009, 02:14 PM
It's pretty clear that Direckshun doesn't understand the basic elements of how capitalism works between the statement you cited and his belief that taxation on "rich" people is a reliable revenue stream that is not subject to fluctuation or the post he left on my other thread questioning the possibility of a future economic contraction.

Not sure it needed its own thread though...

:)

petegz28
09-16-2009, 02:15 PM
It's pretty clear that Direckshun doesn't understand the basic elements of how capitalism works between the statement you cited and the one he left on my other thread about the question of a future economic contraction.

Not sure it needed its own thread though...

:)

Sure it did...it's more fun that way :)

HonestChieffan
09-16-2009, 05:15 PM
Who do you think will eat the cost? It gets passed on to ALL. The middle and lower classes get hosed again by the demos.

Reaper16
09-16-2009, 05:21 PM
I'm going to say no, only because I am holding out hope that the Baucus plan doesn't get passed.

HonestChieffan
09-16-2009, 05:27 PM
It wont. its DOA just liike the house bill.

When Obama decided the best tactic was force and gave no credence to any opposition he screwed the pooch.