Quote:
Originally Posted by Minte
It's more than speculation. It's making the clear point that Washington doesn't have any other options to fund Obamacare. The tax on the wealthy and the medicaid reductions are already committed to reducing the $16t debt.
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not really. there are unlimited ways to raise taxes. the article merely points out the biggest tax loophole. tbh i think the article is junk sensationalism. worst case scenario is the tax hike is limited to expensive plans or a persons income, just as the article stated.
to the extent the budget explodes, who cares. obviously not the political leaders. they will just tell bernanke to do QE 4,5, on & on until the dollar is worth dirt.