John Stossel interviews Ron Paul.

Oh well, you can't please everyone. I don't expect that my libertarian beliefs will please everyone at Fox, either. ..........John Stossel

 

H.R. 3962

Amends the Internal Revenue Code to: (1) impose a surtax on the income of individuals who do not obtain health care coverage and on employers (other than small business employers) who fail to satisfy health coverage participation requirements; (2) allow a new tax credit for small business employers who provide health care coverage to their employees; (3) increase the penalty for distributions from health savings accounts not used for qualified medical expenses; (4) modify rules and contribution limits for certain employee benefit plans; (5) allow an exclusion from gross income for the value of certain medical care provided to members of Indian tribes; (6) impose a 5.4% surtax on individuals whose adjusted gross income exceeds $500,000 ($1 million for married couples filing joint returns); (7) impose a 2.5% excise tax on medical devices; (8) delay until 2020 tax rules applicable to the foreign tax credit for the worldwide allocation of interest; (9) set forth rules for the application of the economic substance doctrine and impose penalties for underpayments of tax due to transactions lacking economic substance; and (10) extend the tax exemption for employer-provided health care benefits to certain eligible beneficiaries of the taxpayer. .......Read more @ WashingtonWatch.com

Each tax payer, couple, dependent will pay an additional estimated $2,500 per person per year to the government run health care program.

 
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