Blue Dogs Push Back on ObamaCare: Some of the Tax Ideas are Downright Scary

It seems the Blue Dogs are getting wary about the insane tax hikes that would go into any version of ObamaCare that is moving through the House.

"We need to slow down and do it right," Rep. Mike Ross, D-Ark., said outside a meeting of the Blue Dog Coalition, a group of 52 moderate to conservative Democrats. "It needs to do a much better job of cost containment" within the health care system, he added.

Other lawmakers said they were concerned about proposed tax increases, the rules on any government-sold insurance, and other issues that are key to implementing President Barack Obama's call for sweeping legislation.

This has to be the craziest tax to have come done the pike in years. I'm not sure how this tax will be applied or even if it is feasible. It just sounds like a lot of work for tax preparers for an extra $100 billion.

As an alternative, Democrats are considering raising taxes on wealthy investors to help pay for health care legislation, along with numerous other options, according to officials who spoke on condition of anonymity. The proposal to extend the current 1.45 percent Medicare payroll tax to capital gains earned by high-income taxpayers would bring in an estimated $100 billion over 10 years.

The scramble for new taxes to fund this monster is laughable as well.

In addition to the tax on capital gains, officials said other options include a fee on insurance companies or drug manufacturers, a plan to allow states to issue health care bonds, and possibly a tax on sugary drinks.

An income tax surcharge on the wealthy was also on a list in circulation, as was Obama's proposal from last winter to limit the value of itemized deductions for those with the highest income.

So we have a tax on insurance companies and drug companies I guess for simply being in business in the first place. We can have the states go further into debt (I would hate to own something as scary as a California State health care bond. *shiver*) Or Congress can simply tax Juice Boxes or "No Child's Drink Left Untaxed." There is nothing like paying for health insurance through your kids stomach. Or we can simply soak the rich with a surcharge or just rob the charities to pay for this crap like Obama wanted to do. That is ingenuity when it comes to Congress.