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Politics : A US National Health Care System? -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (16351)	4/7/2010 9:48:41 PM
From: J_F_Shepard	Read Replies (1) \| Respond to of 42652

The top 25 hedge fund managers averaged over 1 billion dollars each in income last year.....and they pay capital gains rates... I see some income there.. I also see lots of income if 1099's were required for options trades..

To: TimF who wrote (16351)	4/8/2010 8:56:07 AM
From: Alighieri	Read Replies (3) \| Respond to of 42652

The tax increases are to high for the health of the economy, and perhaps even too high to be possible, even if you cut defense to zero, and keep other non-entitlement spending to no real per capita increase. It all depends on the bias you assign to the balance between economic growth and social well being. 700B a year on defense is obscene...just a 100B cut in it pays for the new health care bill for example. Again, conservatives stand between us and the ability to bring sanity to allocation of spending of public dollars. The main change will have to come from decreasing the growth in entitlement spending. One start would be to increase retirement ages saving money from both Social Security and Medicare. Or increase co-pays and deductibles...i am ok with these considerations as long as they are accompanied by other cost cutting measures in defense and other areas. Al