How Republicans tax the old folks | Arkansas Blog

Thursday, April 28, 2011

How Republicans tax the old folks

Posted By on Thu, Apr 28, 2011 at 9:12 AM

Here's a new report worth reading:

The House Republican plan to end Medicare — approved by Reps. Tim Griffin, Rick Crawford and Steve Womack — hides trillions in effective tax increases for the elderly to buy health insurance under the new privatized health plan.

You won't find these expenditures on the government ledger. They represent the amount of money Medicare beneficiaries would have to pay out of pocket if they wanted to buy insurance policies that provide Medicare-equivalent benefits.

Call your Republican representative — who vowed during the campaign season that it was the Democrats who wanted to ruin Medicare — and thank him for looking after the interests of the elderly.

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