Question by S F: How to stop the government from cutting medicaid, Medicare and Social Security?
If you were trying to get the public’s attention about the government making cuts to medicaid, Medicare and Social Security how would you do it?
There are many ways for the government to get the money it needs. Many large corporations do not pay their fair share of taxes. Also the money we pay in our taxes goes back to these large corporations in subsidies. We end up paying for BP and Exxon’s oil spills. We taxpayers pay for the clean-up of Superfund sites, not the polluters.
If we could get these large corporations to pay their fair share of taxes, and stop giving them our tax money, we would be able to balance our budget without having to cut important health services for the injured, the disabled, the working class, and the elderly.
The only thing I’ve been able to come up with is to have people sign this petition:
http://sanders.senate.gov/petition/?uid=c1fd7f9b-abd8-4e7a-a370-1867881259d8
If you have other suggestions, please let me know!
Entropy, why are you defending the special interests of the certain greedy corporations who dodge their taxes? I’m not asking us to tax them more. I’m asking them to pay their fair share like the other corporations are doing. You will only benefit from your point of view if you happen to own a major corporation. If you think the wealth will “trickle down” it will not. We’ve tried that already and it doesn’t work. The majority of people in this country will be hurt by these cuts because unfortunately some of us will become disabled, those of us that live long enough will retire, and in the near future some of us will lose our jobs and end up on medicaid. The economy is harsh. There are many hardworking people who are trying their best to make ends meet and feed their families and have to choose between taking their child to the doctor versus getting that child food versus heating/cooling their apartment. Do you know that charity care is bankrupting hospitals around the country?
If medicaid goes under, which it will if it loses any more money, all those people will flood the emergency rooms and apply for charity care. Hospitals can’t afford this. States can’t afford this. And it clogs the emergency rooms up which slows down their reaction to true emergencies. Have you ever been on medicaid? Most doctors don’t accept it because they only reimburse doctors 30 percent of their entire bill! So people are force to travel far distances to go to clinics – and many times they don’t even go because they can’t afford the gas or bus fare to get there. Medicaid needs MORE money not less money and a whole restructuring.
Best answer:
Answer by Ed Jasie
Vote for the democrat next election.
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This is why we need a 15% flat tax on all income (personal, wages,capital gains, corporate…) with no deductions.
This way everyone pays their fair share and the Government cannot use the tax code for societal manipulation.
You know the Reps would rather hurt seniors and the poor then have the rich pay a penny more in taxes
I got news for you, those loopholes closures you’re talking about are a drop in the bucket compared to the combined 100 TRILLION in unfunded liabilities that SS, Medicare, and Medicaid face through 2080 (and will continue to run deficits beyond that). And that 100 Trillion is a bald-faced underestimate because the CBO uses unrealistic economic assumptions and other accounting tricks to hide how bad it REALLY is.
Tax increases, whether loophole cuts or rate increases cannot close that large a hole. I am not saying that NO tax increases should be part of the solution like the congressional republicans, but the IMF did a study of successful debt reduction programs and found that they were usually 4-5 times as heavy in spending reductions as tax increases. Plans that relied heavily on tax increases usually failed to close deficits.
This is because tax increases, by nature, face the law of diminishing returns. The more you rely on them, the less effective they are because they change incentives and they encourage avoidance behavior that is usually economically inefficient. This in turn slows the economy, which in turn increases the demand.
We need to reform these programs so that their rate of growth over the next 70-80 years is close to the rate of inflation. Note that this is not a CUT. I am talking about preserving the programs at their current levels. Democrats call that a cut because it is a reduction in PLANNED increases.
But the increases planned are not sustainable. Economcis studies show that when govt debt reaches 100% of GDP, economies slow dramatically. We’re at 98% (Federal + State), and our economy has slowed dramatically. Coincidence? Greece is in economic meltdown. Their debt to GDP ratio is 150%. Get the picture?
I’m not sure, but it’s good you are raising awareness. Maybe a protest?