{"id":32962,"date":"2009-07-15T01:01:01","date_gmt":"2011-05-19T02:10:18","guid":{"rendered":""},"modified":"2011-05-19T02:10:18","modified_gmt":"2011-05-19T02:10:18","slug":"democrats_propose_massive_tax_increase_for_national_obamacare","status":"publish","type":"post","link":"https:\/\/admin.rushlimbaugh.com\/daily\/2009\/07\/15\/democrats_propose_massive_tax_increase_for_national_obamacare\/","title":{"rendered":"Democrats Propose Massive Tax Increase for National Obamacare"},"content":{"rendered":"
\n

RUSH: Health care presented by the House yesterday, $1.3 trillion price tag. BS. There\u2019s no way they can score the cost of this. Nobody knows. This is an abomination, this health care proposal and they want to ramrod this thing through by August. As I said yesterday, they want to do this before people figure out just how bad all of this is going to make this economy. And, by the way, Kathleen Sebelius is out there saying we can\u2019t wait, it has to be done now, it\u2019s a crisis, it\u2019s an emergency. They tried this with TARP, they did it with stimulus, and now they\u2019re doing it with this. It can\u2019t wait. It\u2019s got to be done now, $1.3 trillion. Heritage Foundation ran the numbers here. It\u2019s a thousand-page bill, 1,018 pages, and the admitted price tag is $1.3 trillion. That comes out to $1.264 billion per page of the bill just as a comparative note. But wait \u2019til you hear some of the taxes on this, like the 5.4% surtax on millionaires, but there is a 1% surtax on — How many of you making $250 are adding up all the tax increases you already face? You face tax increases to pay for stimulus, you have tax increases coming for cap and trade, and now you have another tax increase coming on health care, and your Bush tax cuts expire at the end of next year, starting in 2011. <\/p>\n

So you people at $250,000 and up, your effective tax rate by the time Obama gets through is going to be close to 45 to 50% by the time you add state taxes into it, and it has been proven economically, scientifically, that once combined tax rates hit 50%, people stop. They stop earning, they stop investing, they stop. Once the combined state and federal, payroll, once it goes 50% or over then you have a net negative return on all the money you\u2019re taking out of the economy because people just at some point — (interruption) For the millionaires, for people over a million, the top marginal rate after health care, 45-point-something percent, state added on, they\u2019re going to be 55 to 60% in some states, depending on what the state income tax rate is. I\u2019m telling you, folks, that 45% is just with the health care tax. That doesn\u2019t count the carbon tax, and it doesn\u2019t count the stimulus taxes that are coming. It can\u2019t happen. It cannot happen. There isn\u2019t the money to pay for this. <\/p>\n

Even the Washington Post is editorializing today. You cannot pay for all this from the rich. You just can\u2019t do it. The money isn\u2019t there. Now, if the Washington Post is editorializing that you can\u2019t pay for any of this with the rich, it means they\u2019ve reached their personal tipping points on paying taxes. It means that the millionaires that work there, that can tell the editorial writers what the hell to write — the editorial writers don\u2019t make that much money; they pick \u2019em up from homeless shelter and take \u2019em back every day. But the executives look at this and say, ‘Whoa, baby, I am not, by the time DC gets through with me and I pay FICA and I pay Medicare and I\u2019m losing the Bush tax cut, and then this on top of it, I\u2019m over 50%,\u2019 and then you look at 43% of the American people paying no income tax, it ain\u2019t going to fly. But the Democrats are going to ram this through, going to try everything they can, and, remember, there\u2019s nothing to stop them other than certain Democrats in both the House and the Senate seeing the light. And it isn\u2019t going to happen in the House. The House may as well have satellite headquarters in Havana. <\/p>\n

BREAK TRANSCRIPT<\/p>\n

RUSH: Rose Garden at White House this afternoon during a break in the Sotomayor hearings, a little rev \u2019em up on health care out there.<\/p>\n

OBAMA: If you like your doctor or health care provider, you can keep them.<\/p>\n

RUSH: They won\u2019t be around.<\/p>\n

OBAMA: If you like your health care plan you can keep that, too.<\/p>\n

RUSH: It won\u2019t be around.<\/p>\n

OBAMA: But here\u2019s what else reform will mean for you, and this is for people who have health insurance. You will save money. If you lose your job, change your job, or start a new business you\u2019ll still be able to find quality health insurance that you can afford.<\/p>\n

RUSH: Note he didn\u2019t say it\u2019s portable. People that lose their jobs lose their health care and they want portability. His plan doesn\u2019t have that, folks. If that\u2019s your big deal he does not have portability in his plan. The point is the public option is going to wipe out everything in the private sector. You\u2019re going to see businesses off-load their coverage to the public option. A lot of them are eager to do it even as we speak. So your doctor, your health care provider, you can keep \u2019em, your insurance. It may not be there. The odds are it won\u2019t. And Tom Coburn, by the way, who has some ‘splaining to do, introduced an amendment yesterday that actually got some Democrat votes. It will never pass or see the light of day, but it was resolved that we will abandon our current health care plan for the public option. This is something that\u2019s gaining steam. We urged you to do this two or three weeks ago. Call your congressman or your senator and say, ‘Hey, babe, are you going to give up your current plan for the public option you are mandating that we join, going to do that?\u2019 They won\u2019t. The elites will have their own plan set up as they do now, and it will not change. <\/p>\n

BREAK TRANSCRIPT<\/p>\n

RUSH: Memphis, Tennessee. Mark, welcome to the EIB Network, sir. It\u2019s great to have you here.<\/p>\n

CALLER: Hey, how you doing?<\/p>\n

RUSH: Just fine.<\/p>\n

CALLER: In this entire debate about health insurance — and let\u2019s call it what it is — it\u2019s not ‘access to universal health care,\u2019 because we have that; it\u2019s access to insurance — there\u2019s a component of this that really hasn\u2019t been talked about, and that\u2019s the role of the insurance agent in the whole process. My understanding of the public plan is that the role of the agent will be either virtually eliminated or drastically reduced. The point being is that millions of Americans — business owners, individuals — depend on their agent to help them cipher through all this stuff. Agents are deemed to be an unnecessary cost, but in reality agents only represent about two-tenths of 1% of all health care spending.<\/p>\n

RUSH: But it only stands to reason, Mark, doesn\u2019t it that if eventually we have a single-payer system and the ‘payer\u2019 is the government, that you\u2019re not gonna need an agent? You\u2019re just going to have to have some federal bureaucracy or a series of them that you\u2019re going to have to deal with that will, in effect, take the place of the agent. But the problem is you\u2019re not going to be able to pick and choose things. You\u2019re going to be told what\u2019s available. If you don\u2019t like it, tough, because there won\u2019t be anywhere else to be and there won\u2019t be another company that offers a competing plan, eventually, and that\u2019s the Obama intent. So you\u2019re right. There won\u2019t be any need for agents other than the people behind the counter at the DMV are ‘agents,\u2019 and the people behind the counter at the post office are ‘agents.\u2019<\/p>\n

CALLER: To that extent you\u2019re right, but it\u2019s the sole reason why agents are taken out of the picture is because of the perceived cost, look, there\u2019s going to be a toll-free number somewhere that people have to call. Those people have to get paid. And the bottom line is there\u2019s not cost savings recognized when agents are taken out of the picture. In fact, my impression would be that costs would increase, because you\u2019ve got to pay so many more people.<\/p>\n

RUSH: Of course, costs are going to go up! The idea that costs are going to come down is absurd. There\u2019s no such government entity where costs have come down. Even when they\u2019ve shut them down the costs don\u2019t end. Let me ask you a question about this insurance agent business. Are you one?<\/p>\n

CALLER: Yes, sir.<\/p>\n

RUSH: Okay. Have you heard or read from the plan or heard Obama say that part of the cost savings is going to be eliminating health insurance agents?<\/p>\n

CALLER: Well, in the public plan, from what I understand of it, the role of insurance agents is either going to be completely eliminated or it will be drastically curtailed.<\/p>\n

RUSH: Well, yeah. By definition it has to.<\/p>\n

CALLER: Right, and —<\/p>\n

RUSH: The job that you do is going to be replaced by a government union worker behind the counter or on the other end of a telephone.<\/p>\n

CALLER: You know, and the flip side to that is here in our organization, you know, we employ people to help us manage that part of our practice — and if that part of our practice goes away, it\u2019s going to be very, very difficult.<\/p>\n

RUSH: Here\u2019s what you have to understand. I\u2019m sure you know this. It\u2019s two things. You are an insurance agent and therefore you work for an insurance company.<\/p>\n

CALLER: Well, I\u2019m independent, so I represent a number of companies.<\/p>\n

RUSH: Okay, that\u2019s even better. You\u2019re an independent agent and you represent a number of insurance companies. The Obama Democrat tactic has been to demonize the insurance companies. So getting rid of your job and your companies and eliminating those costs is a sales technique. That\u2019s why I asked you where you had heard this, because this is right out of the class-envy playbook. HMOs, all of the doctors, the insurance companies who decide who gets what treatment and who doesn\u2019t, they\u2019ve been demonized and villainized. The drug companies have, too. And that\u2019s how Obama\u2019s hoping to garner public support, by focusing public anger at people like you, and, ‘We\u2019re going to get rid of these people! You won\u2019t have to deal with these cheating, lying agents and cheating, lying companies. But if you like what you have you\u2019ll certainly be able to keep it,\u2019 but you won\u2019t be able to keep it \u2019cause it won\u2019t exist after a certain passage of time. There\u2019s no private sector anything that can compete with the government when the government doesn\u2019t have to make a profit.<\/p>\n

CALLER: That\u2019s true. Because if there\u2019s losses, all they have to do is print more money to cover them. As I see it… You know, me being on here may sound a little bit self-serving, but I can tell you that the clients that I have that I\u2019ve spoken to about this are adamant. And I\u2019m not trying to pat myself on the back or pat the rest of the agents in the country on the back, but the clients that we have are adamant about being able to maintain our services as part of the health care model.<\/p>\n

RUSH: I totally understand this. There are a lot of people who don\u2019t want to give it up. In fact, most Americans, according to polling data, Mark, when they find out… We\u2019re a compassionate country. The idea that everybody has insurance, oh, everybody loves that. That\u2019s fair. It\u2019s just. It\u2019s right. When they find out what it\u2019s going to cost them to give health insurance to everybody else and how it\u2019s going to change their coverage, that\u2019s when they drop off. That\u2019s why Obama\u2019s trying to ram this through by August before people actually get a handle on the life circumstances that are going to change dramatically for the worse when this stuff gets implemented. I have no doubt that they want you. If you represent several companies, you\u2019re able to go out and get the best deal for your clients.<\/p>\n

CALLER: That\u2019s what we do on a daily basis.<\/p>\n

RUSH: Right. Those days are going to end and that\u2019s why you\u2019re not going to be needed.<\/p>\n

CALLER: Well, it\u2019s unfortunate — and, you know, we would hope that business owners across the country would get in touch with their legislators and make sure that they are aware of the values that we bring to the table.<\/p>\n

RUSH: Let me tell you something. There are people getting hold of people in Washington in record numbers. There are people making donations to various special interest groups trying to stop this. You\u2019re just not hearing about it \u2019cause the State-Run Media is not focusing on the opposition to this. <\/p>\n

CALLER: Actually today, over a thousand insurance and financial services representatives have descended upon Washington and are in meetings with their legislators today.<\/p>\n

RUSH: Yeah. Well, I hope it —<\/p>\n

CALLER: These are people that represent a number of different professional organizations.<\/p>\n

RUSH: Yeah. Well, remember, you\u2019re no different than Big Oil. You\u2019re considered the enemy. You\u2019re cheating people. You\u2019re robbing people. That\u2019s how the Democrats are portraying what you do. It\u2019s a shame. That\u2019s what people need to know about how this party works. You were close when you said this is not about health care, it\u2019s about insurance. It\u2019s not even about that. It\u2019s about power. It\u2019s about people in Washington. Once they get this they\u2019ll be able to regulate every aspect of every human life in this country on the basis of the cost impact that behavior has on government health care costs and the idea we need to keep them down. So it\u2019s hideous, it\u2019s insidious, and I want to say one more thing to you. Never, ever be afraid to pat yourself on the back because if you don\u2019t do it, who will?<\/p>\n

CALLER: Well, fortunately we have a —<\/p>\n

RUSH: If you\u2019re proud of what you do, if you\u2019re proud of what you do, be proud.<\/p>\n

CALLER: I am and we have a very large client base that does that for us often enough.<\/p>\n

RUSH: It ain\u2019t bragging if you can do it.<\/p>\n

CALLER: Well, after 20 years we like to think we\u2019re pretty good at what we do.<\/p>\n

RUSH: I\u2019m sure you are, and I don\u2019t doubt for a moment you\u2019ve got satisfied clients. I appreciate the call, Mark. Thanks much. Hickory. I have been there. Rush to Excellence Tour in the first year or two of this program, a big furniture capital of North Carolina. Hickory, this is Jimmy. It\u2019s great to have you on the program, sir, hello.<\/p>\n

CALLER: Rush, I\u2019m glad I was able to get on your show.<\/p>\n

RUSH: Thank you, sir.<\/p>\n

CALLER: Yes. What I would like to talk about is, you know, they keep saying, ‘You know, it\u2019s going to cost $1.5 trillion,\u2019 and so forth, and —<\/p>\n

RUSH: Oh, is it 1.5 now? It was 1.3 this morning.<\/p>\n

CALLER: Yeah.<\/p>\n

RUSH: (snorts) 1.5? It\u2019s going to be 2.2 minimum!<\/p>\n

CALLER: Yeah. Well, what I don\u2019t understand is they say that they\u2019re gonna pay for part of it by these ‘savings\u2019 from Medicare and Medicaid. Well, why don\u2019t they do that savings already?<\/p>\n

RUSH: There\u2019s a problem there. There aren\u2019t any savings in either program. They\u2019re about as broke as everything else is on the entitlement side of things. Save money? The only way that they can save money here is to ration care, and they\u2019re rationing it against the elderly. Grandma. Grandpa.<\/p>\n

CALLER: Yep.<\/p>\n

RUSH: And they\u2019re going to say… Look, folks, I\u2019m telling you the honest-to-God truth. You get the government and Obama and his people in charge of it, the only way they can save money — if they even really care about that — I don\u2019t think they even care about that. They\u2019re just saying what they do to get it passed. But if they do want to save money, the only way they can do it is to tell somebody close to life expectancy who\u2019s got a disease: ‘Sorry, you\u2019re going to die, anyway. It\u2019s not worth the cost to save you. Take a pain pill.\u2019 Obama as much as said so in a health care address recently. (interruption) Oh, yeah, yeah. If you have any complaints go to Justice Ginsburg. <\/p>\n","protected":false},"excerpt":{"rendered":"

RUSH: Health care presented by the House yesterday, $1.3 trillion price tag. BS. There\u2019s no way they can score the cost of this. Nobody knows. This is an abomination, this health care proposal and they want to ramrod this thing through by August. 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