"What's Growing as Fast as Health Care Costs? Income for the Top 1%"

[amborin]

"The Economic Policy Institute provides a much needed counter-weight to
those cheerleading the use of Cadillac-as-Chevy taxes to pay for the
Senate health care bill.

It shows, generally, that the millionaire’s tax used to fund the House
bill is far more progressive than the Cadillac-as-Chevy tax used to fund
the Senate bill, which ends up taxing those at $20-30,000 more than it
taxes those at $500,000 to 1 million a year...."

......one of the few ways to fund health care in such a way that will
keep up with rising health care costs is to tax the rich."

snip

<http://emptywheel.firedoglake.com/2009/12/14/one-of-few-things-growing-as-fast-as-health-care-costs-is-income-of-richest-1/>

[chandler2]

1. Thanks for your leadership Pres. Obama. Shame on...

the rightwingers who run the Senate.

P.S. I give O a "D" for his leadership on health/medical care issues.

[madokie]

2. naive or wrong place?

[NYC_SKP]

5. Other.

knows better, here to disrupt from the looks of other posts I've read.

Of course, I could be wrong...

[Goldstein1984]

3. WOW! It's almost like there's a relationship between the two!

It would be interesting to see the indexes of average income and minimum wage plotted along with these two.

[w4rma]

4. The relationship probably has to do stock prices that always *have* to be rising, or else. (nt)

[Goldstein1984]

9. Growth Unlimited

Greed unlimited.

[amborin]

6. intersting info and charts here:

<http://www.epi.org/page/-/old/Issuebriefs/218/ib218.pdf>

[amborin]

7. 2008 Median Annual US Wages are $32,390 per year

<http://www.bls.gov/news.release/ocwage.htm>

[amborin]

8. average weekly wages for investment banking 2006 were $8,367

<http://www.bls.gov/opub/ils/pdf/opbils60.pdf>