Should the Rich Pay to Fix Health Care?

By Tom Johnson

Jul 15, 2009 10:09am

There are a couple health care reform bills working through Congress right now.  The goal is to provide basic coverage to all (or almost all) Americans.  But a central, vexing question is how to pay for it.  A plan by House Democrats would tax the wealthiest Americans to help raise the money needed.  In short, there would be an extra tax of 5.4% for families making over $350,000 a year or individuals topping $280,000.  The current broken system is not only failing to provide affordable care but it's also a huge drag on the economy.  But should it be changed and how best to pay for it?  And should the super rich bare this financial burden?     

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