President Obama's victory on the new Health Care Bill could provide a modest boost to the US job market this year.But the legislation also means tax hikes, mainly on the highest-income Americans. This Bill will offer tax credits to small businesses that provide health insurance. But households with income over $250,000 will see a hike in their Medicare Payroll tax. But the good thing is that mainly people who were denied coverage due to pre-existing conditions will be able to access health care.
Something i learned from reading articles on the Health Care Reform Bill is that it will effect people in some good ways and in some bad. The good things is that people who could not afford health insurance or were denied it can get it. The downside is that taxes will rise greatly.For some people up to 50% increase.
In my opinion of the Health Care Reform Bill, I think that it is a good idea. Because people now will be under coverage in case of an emergency, they will be able to take care of it. But there are some downsides to on it like i said above about the tax on small business paying for the employers health care. Its good and bad in my opinion.
You can apply this information to your every day life because its all about your health, and money and Obamas plan that the Bill will gain more rules or ideas as the years go on.
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