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View Full Version : John Edwards: 'Yes, we'll have to raise taxes'


Regis Philbin
Feb 5th, 2007, 06:42 PM
Yes, you've just blown your chances in '08. Now, go back to the Other America with Joe Biden!


http://news.yahoo.com/s/ap/20070205/ap_on_el_pr/edwards2008_6

Edwards' health care plan includes taxes

Mon Feb 5, 7:18 AM ET

WASHINGTON - Democratic presidential candidate John Edwards wants to provide health care coverage for the 47 million people who currently lack it and reduce the cost of coverage for middle-class families.

The plan could cost up to $120 billion a year, and the candidate acknowledged it would require higher taxes.

"The bottom line is we're asking everybody to share in the responsibility of making health care work in this country. Employers, those who are in the medical insurance business, employees, the American people — everyone will have to contribute in order to make this work," the 2004 vice presidential nominee said Sunday on NBC's "Meet the Press."

"Yes, we'll have to raise taxes. The only way you can pay for a health care plan that costs anywhere from $90 (billion) to $120 billion is there has to be a revenue source," the former North Carolina senator said.

Edwards said health care insurance premiums have risen 90 percent over the past decade.

"We want to make sure everybody's covered. We want to help middle-class families with the costs. We want to try to create competition that doesn't exist today," he said.

To accomplish all this, Edwards said he would expand Medicaid as well as a program that now provides coverage to 6 million people, mostly children. He would also provide federal health care subsidies. He said he wants employers to play a bigger role, either by offering coverage or buying into "health markets" that would include a government plan.

Edwards said he would free up money for health care coverage by abolishing President Bush's tax cuts for people who make more than $200,000 a year and by having the government collect more back taxes.

SparkleHugs
Feb 5th, 2007, 09:01 PM
With the kind of deficit we have, how the hell else are we going to pay our debts?

Annoyedlistner
Feb 6th, 2007, 06:21 AM
Edwards said he would free up money for health care coverage by abolishing President Bush's tax cuts for people who make more than $200,000 a year and by having the government collect more back taxes.

I saw this on drudge yesterday and thought the title was very misleading.

if you actually read the article Regis he wants to roll back the Bush tax cuts by raising taxes on people who make over $200,000....he also wants to do a better job of collecting unpaid taxes.

If you remember correctly before President Bush took office this country had a surplus, and while in office Bush has increased our spending and decreased our intake therefore creating a deficit.

Please tell me how we can pay for everything if we increase our spending and decrease our intake? a simple business class will show you that we cant have a balanced budget with that formula.

I don’t expect an answer from you unless this question is answered by Matt Drudge and you copy and paste his answer and post it on our board.

I'm not sure how you were raised, but i was taught when i was growing up that you must pay your bills. The United States simply needs to pay its bills. Its the right thing to do.

DoubleEdgeSword
Feb 6th, 2007, 06:34 AM
With the kind of deficit we have, how the hell else are we going to pay our debts?

Hmm, from what I've read, our dear Mr. President wants to pay for this latest big ticket Iraq budget by slicing medicare and medicaid benefits or charging people more to use them. Yeah, I know most people don't care about the poor, but those senior citizens get mighty riled up when somebody starts messing with thier medicare or social security.

Annoyedlistner
Feb 7th, 2007, 08:35 AM
Regis,

Are you going to explain to the rest of us on this board how our country can continue to pay for everything with an increasing budget and our income being reduced by the Bush tax cuts?

i asked you that question yesterday and so far you have failed to answer it.

pinky
Feb 7th, 2007, 04:07 PM
What?!?!?!? Regis isn't answering questions?!?!?!?!?

Why, I'm just SHOCKED!!!

Annoyedlistner
Feb 7th, 2007, 05:55 PM
Looks like he's been back to the board without answering my questions.