In a blitz of interviews Monday and Tuesday, Obama refused to endorse a provision of a House version of his health care plan that would impose a small tax surcharge on the rich. Under the House plan, individuals making more than $280,000 a year or families earning more than $350,000—about 1.2 percent of US households—would be required to pay the surtax. For a family making $500,000, the surtax would amount to about $1,500.
The tax surcharge provision was included in a bill passed by a House committee last week, and within days the head of the Congressional Budget Office issued a highly critical report declaring that Obama’s reforms would not slow the rise in health care costs and suggesting a tax on employee health benefits.
This sequence of events was not accidental. The media, speaking for the ruling class, has been overtly hostile to the tax surcharge, complaining that the provision would unduly penalize the rich.
If you have far more money at the expense of everybody, you should help pay for help. But that isn't the way the current political system operates.
However, nobody bats an eyelash to slash Medicare and Medicaid, programs designed to help people.
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