Thursday, March 11, 2010
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Copyright (C) 2010 by Novelist F. Scott Sinclair. All Rights Reserved.
Mr. Krauthammer agrees with F. Scott on one thing. He believes that
a national sales tax or VAT tax could become necessary, and might
be an issue in the future when ObamaCare becomes too expensive
to fund by tradition means of taxation. Charles Krauthammer made
this point on the Bill O'Reilly show when asked about what impact
the new health care law would have on Americans in the future.
Are you upset about the deficits, the spending, the unemployment
rate, health care, etc.? Well, you're not the only one. So, let's have
a look.
At first glance, the new health care law is imperiled and could be
ruled as unconstitutional because of the mandate(s) citing that
everyone must buy health care insurance or be levied a
tax and/or fines by the IRS. In order to beef-up the IRS
enforcement capabilities to regulate and collect
such revenues and fines, the IRS will need another 16,000
agents. Why so many agents? Because the IRS will be
ensuring compliance by checking to see that everybody
is covered and that they're paying their premiums timely
on a monthly basis, besides ensuring that each citizen
has adequate insurance per the regulations.
Instead of IRS involvement, I believe it would be better
to impose a national VAT tax or a national sales tax in
order to circumvent such IRS intrusion, and to skirt any
legal challenges on the matter of the constitutionality of
the new health care law, i.e.- the mandate(s) issue.
As will be stated below: nobody will have to contribute
any money in order to have health care unless they buy
something: food, merchandise, services, etc. Hence, there
would be no IRS involvement. States would collect the
money and deposit it in a national pool and the required
premiums paid out to private insurance companies. No
more premiums from citizens and the IRS is kept out of
the picture. Every citizen would be automatically covered
and their premiums paid for by such national sales tax,
and/or VAT tax.
Currently, President Obama wants to lead the nation
in another direction. That's all right if you're hell-bent
on financially, destroying our country, not to mention
our current health care system: which is the envy of
the world.
How do we create a health care system that allows
coverage for all, where preexisting conditions are
automatically covered, tort reform is introduced,
no caps on benefits, that spurs competition, and
lots more?
It's simple.
How's that...?
Create a new VAT tax, or a national sales (health) tax.
You're kiddin' me, right?
Nope. Just "find an acceptable percentage" that pays
for the total cost of health care.
But that's not fair...!
Think again, the health care VAT tax would cover
premiums for every citizen. Thus, the poor, those
in-between, and the rich alike would pay the 1% to 5%
(+ or-) VAT tax on all purchases that would cover all
premiums. You choose your provider, the government
pays the premiums from the health care VAT tax trust
fund. Why continue soaking the rich, the middle-class,
businesses (corporations to small businesses), governments
(federal, state, local), or individuals, etc. with ever soaring
premium costs? What's the bottom line? No more premiums
to be paid, everyone's covered, it'll free-up anywhere from
$2,500 to somewhere around $18,000 (+ or -) of premium
obligations per family, that can now be spent on merchandise,
services, new businesses, new employees, etc. that will
revive our economy. In other words, have fun shopping
until you drop, and paying for your health care at the
same time. The icing on the cake: large and small companies
(corporations, etc.) would have lots of money available for
expansion, pay raises, acquisitions, development, to hire
new employees, etc. Not to bad, huh?
The government, businesses, NGO's, etc. would sit down
to negotiate how much yearly premiums should be with
private insurance companies. And all of the premiums
would be paid out of the health care VAT trust fund, as
I mentioned above.
Poor people would pay far less because their purchasing
power is limited, and the rich would pay their fair share
because they have unlimited purchasing power. Anyone
who doesn't want to contribute, then they simply don't
buy anything. They may starve in the process, but that's
their right because food shouldn't be exempt from the tax.
Those who can afford caviar, so be it. And those who can
only buy beans, so be it. But both receive the same quality
health care. That doesn't mean that a rich person can't
seek out the best doctor's in the world at their own expense.
They can, but the least among us will also receive excellent
care.
Medical travel would be encouraged to reduce health care
costs. What...? Yup, because the cost of health care
overseas is in many cases equal to or better than
Americans can receive stateside. Only approved hospitals,
which should have a couple of overseers (Americans) who
certify the authenticity of claims, approve the cost of
services, etc. would be covered under the plan. Travel
to and from such locations, would be borne by the patient.
How does this plan help the economy? That's easy. Small
businesses, corporations like GM, etc. wouldn't have to
pay for health care for their employees which takes
a very big burden off their shoulders, a burden that
bankrupted GM. Remember, GM paid around $1,500
per car for insurance for each of their employees and
retirees. In addition, the health care VAT tax would
help our exports by making our goods more price
competitive overseas by reducing health care costs
which automatically reduces the COGS (the cost of
goods sold) of our exports.
What about the unemployment problem? No problem.
With more money in each Americans pocket every
month because they no longer are on the hook for
outrageous health care premiums, they'll have more
money to spend. When folks have more money to
spend, that creates demand: hence, jobs. And with
more doctors needed, as well as nurses, physician
assistants, etc., good paying technical jobs will be
needed which will also help reduce the rolls of the
unemployed.
It's a win-win proposition.
If a moron like me can come up with a half-assed
plan like this: what are the geniuses in Congress
waiting for...? Or for that matter, what's the excuse
of the Harvard trained folks at the helm? I'm a moron,
that's my excuse for not implementing this plan. What's
their excuse, the geniuses running the show, tell me that?
Nuff said. I'm just trying to help. Take care.
Sincerely,
Novelist F. Scott Sinclair
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A CONVENIENT (I HOPE) TABLE OF CONTENTS OF
SCOTT SINCLAIR'S NOVELS
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