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January 12, 2010

Comment here, see Robert Reich tonight

So I've got three pairs of tickets to see former Labor Secretary Robert Reich at 8 p.m. tonight at the Meyerhoff for the Baltimore Speakers Series. If you want a pair, check out Reich's blog post on how to pay for expanded health coverage and then leave a comment here on whether he's on target or full of baloney or holds the wrong premise (that we need expanded health care). I'll use random.com to do a random drawing among all the decent comments, and winners can pick up the tix at the Meyerhoff will-call window tonight.

Reich opposes the measure to raise money by taxing "Cadillac" health plans:

In any event, I thought a major purpose of health-care reform was to get more care to more people, not to cut it back. Even employees who get extra dollars of wages to make up for the cutbacks won’t necessarily plow those wages back into health care.


He's for the surtax on the rich in the House bill.

But why even take these chances when the House bill simply and cleanly goes after the top 1 percent? It’s not as if couples earning over a million can’t afford to pay the tax. When I last looked, the top 1 percent was taking home a record 23 percent of total income. If anything, the Great Recession is widening the gap. It’s bonus time on Wall Street again. But the middle class is taking a beating.


Posted by Jay Hancock at 11:55 AM | | Comments (2)
Categories: Health Care
        

Comments

Can't have it both ways Jay.

You negotiate with your employer for a better healthcare plan by sacrificing some wages. All well and good. The Company then pays (on your behalf) an extra $5000 to Aetna rather than to the employee as wages. What just happened?

That said, yet another surtax on the top 1% has an appeal all it's own.

SEND US IDEAS IS WHAT THE NEW MAYOR IS ASKING.

HOW ABOUT CONTRACTING PRIVATE SECURITY SUCH AS CPA SECURITY TO COME IN AND CLEAN UP THIS MESS. CPA SECURITY EMPLOYESS OFF DUTY POLICE FOR SECURITY.

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About Jay Hancock
Jay Hancock has been a financial columnist for The Baltimore Sun since 2001. He has also been The Baltimore Sun's diplomatic correspondent in Washington and its chief economics writer. Before moving to Baltimore in 1994 he worked for The Virginian-Pilot of Norfolk and The Daily Press of Newport News.

His columns appear Tuesdays and Sundays.
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