Question by Bryan: Can someone explain how imposing new taxes on the health industry to pay for reform will lower costs.?
Taxes increase the cost of doing business. They do not reduce it.
Sen. Max Baucus, D-Mont., chairman of the Senate Finance Committee, was circulating a proposal that would cost $ 900 billion over 10 years and guarantee coverage for nearly all Americans, regardless of medical problems. Fees on insurers, drug companies and others in the health care industry would finance tax credits to help expand coverage.
http://health.yahoo.com/news/ap/us_health_care_overhaul.html
Best answer:Answer by Bill in Kansas
No one can explain this as it won?t work
That is the liberal way: never look at the free market to solve a problem when you can have the government create a MUCH BIGGER problem
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