Tax Botox, Soda, Fat Food For Health Care "Reform"

That's what the government is thinking, ostensibly to pay for the health care "reform". Whatever it takes to get their hands on someone else's money to spend on their pet projects including repairing old toilets in federal facilities.

Plastic Surgery Tax Eyed As Revenue Raiser (7/27/09 National Journal)

Tough love for fat people: Tax their food to pay for healthcare (Fixed) (7/27/09 LA Times)

CDC Chief: Soda Tax Could Combat Obesity (7/27/09 CBS News)

They are talking about 10% sales tax. The model for deciding "non-healthy" food seems to be European, where bureaucrats at the supra-government agency (European Commission) decide what is healthy for EU citizens.

Drudge Report still has a photograph of the House Speaker Nancy Pelosi, with her eyes fixed wide open (with alleged botox treatment). It also had a picture of VP Biden (not any more), who allegedly went through botox treatment and hair transplant. Ah, but remember, Congress is EXEMPT from whatever health care "reform" they will eventually enact. If they were to double the tax for members of Congress instead, then I may start to believe in change.

Also remember the idea of national sales tax, or Value Added Tax (VAT) that was floated in May.

Tweet

Obama Proposes New Taxes on Traders, Life Insurance

according to Bloomberg.com article.

"President Barack Obama proposed raising money to pay for his health-care overhaul by imposing $58 billion in new taxes on securities dealers, life insurance products and Americans with valuable estates. "

"The eight new proposals, outlined in budget documents released today, are in addition to more than $1 trillion in tax increases over the next decade the president wants to impose beginning in 2011. Those would include higher rates for top earners and restrictions on tax-avoidance techniques commonly used by U.S.-based multinational corporations.

"Obama also would raise $24.2 billion over the decade by adjusting rules for valuing assets in estate planning.

"The documents released today didn’t explain in detail how the tax increases on securities dealers and life insurance companies would work. They would raise $4.2 billion and $12.7 billion, respectively, through 2019. "

The economy hasn't shown a sign of recovery, profits are hard to come by for the companies, and people are trying to cut back on expenses and paying down debts. And the government wants to raise taxes even more. Make sense, in this upside-down, inside-out world.

Tweet