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Yes, I just opened my invoice for health insurance due 11/1/05. I'm self employed and have health insurance for some of my employees. One has a family plan, one has a different plan for one parent and and one child, the other is a single. A few year back (seems like so long ago), those premiums were $690, $370 and 270 repsectively. Prior to to this new hike, I had been paying $880, $535 and $380 since last year. NOW, starting next month, these same premiums are jumping to $1140, $755 and $480!!!!!!!!!!!
My jaw hit the floor! My premium due is now about $2375...up from 1860 in October....that's a jump of more than $500....more than the cost of insuring another person.
This just sickens me. From 4 years ago, my health care costs are up over $1000 per month....not to mention other costs like gas and electricity and local taxes.
To make matters worse, Bush's tax panel is talking about limiting or removing tax deductions for health insurance...among other measures like cutting the deduction of mortgage interest to close the revenue gap caused by his wonderful tax cuts for millionaires and billionaires...which I refer to as a "Tax Shift".
Since those tax cuts, local expenses like municipal taxes and property taxes have gone way up to offset the lower funds coming from the state, which reflects lower funds coming from DC. All this to keep those stupid tax cuts permenant. It's effects mid to higher wage earners too.
I hope those middle to upper middle class voters who vote Republican for "lower taxes" are aware of the ripple effects of those tax cuts. The problem is that they'll blame the local government and never consider DC's role in these increasing costs.
As for Health Care, it's about time someone did something. These policies (or lack thereof) on taxes and healthcare hurt small businesses just as much as middle to upper middle class wage earners. The needs of small business are not like those of Fortune 500 companies...not even close. Small businesses would be much better served with affordable health care policies and lower payroll taxes. These costs dwarf "capital gains taxes" and other big business worries many times over.
I was at the website for the "Center for American Progress" and THEY GET IT!!! One of their members, John Irons, gave a speech on the House Floor a few weeks back on Tax reform and the Center's proposal for it. It was designed for Small Business
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