Rising Medical Expenses
ASHFORD UNIVERSITY | Rising Medical Expenses | Are “Sin Taxes” the answer? | ENG122: English Composition IIInstructor: Laura Crittenden | Cory Pelisek | 6/23/2013 |
When I think of taxes, it reminds me of a quote from one of our greatest presidents in United States history, Calvin Coolidge, he stated that “Collecting more taxes than is absolutely necessary is legalized robbery.” Raising taxes from one individual to pay for another individual is taking away from our Fifth Amendment right, “nor shall private property be taken for public use, without just compensation.” Not only, are levying added taxes taking away the freedoms of these United States citizens, but it has been proven to lower incoming revenue and decrease employment. With rising medical expenses being a major problem for this Country, imposing yet another tax on the American people is not the answer; we need to devise a plan to regulate and reform the current system.
Since our Federal Government wastes our tax money on things like the mating habits of snails and the bridge to nowhere, it is hard to trust that the Government will spend the sin taxes on rising medical expenses. There are better plans like allowing interstate competition, which will grant customers to search for cheaper premiums across state lines. Tort reform is another strategy to lower medical expenses by putting more of the burden on the insured for their actions and not making it so easy to sue. Starting a health savings account from birth will cause the consumer to spend more wisely now that they are using their own money. All these ideas will lower the cost of medical expenses without having to grow the Federal Government with more taxes.
Framers of the Constitution stated that "in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defense, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity", the central
When I think of taxes, it reminds me of a quote from one of our greatest presidents in United States history, Calvin Coolidge, he stated that “Collecting more taxes than is absolutely necessary is legalized robbery.” Raising taxes from one individual to pay for another individual is taking away from our Fifth Amendment right, “nor shall private property be taken for public use, without just compensation.” Not only, are levying added taxes taking away the freedoms of these United States citizens, but it has been proven to lower incoming revenue and decrease employment. With rising medical expenses being a major problem for this Country, imposing yet another tax on the American people is not the answer; we need to devise a plan to regulate and reform the current system.
Since our Federal Government wastes our tax money on things like the mating habits of snails and the bridge to nowhere, it is hard to trust that the Government will spend the sin taxes on rising medical expenses. There are better plans like allowing interstate competition, which will grant customers to search for cheaper premiums across state lines. Tort reform is another strategy to lower medical expenses by putting more of the burden on the insured for their actions and not making it so easy to sue. Starting a health savings account from birth will cause the consumer to spend more wisely now that they are using their own money. All these ideas will lower the cost of medical expenses without having to grow the Federal Government with more taxes.
Framers of the Constitution stated that "in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defense, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity", the central
References: * Avraham, R.; Dafny, L. S., & Schanzenbach, M. M. (2009). The Impact of Tort Reform on Employer-Sponsored Health Insurance Premiums. University of Texas at Austin, School of Law, Kellogg School of Management, Northwestern University and NBER, and Northwestern University, School of Law. Retrieved from http://www.utexas.edu/law/faculty/ravraham/tort-reform-and-employers-premium.pdf * Anderson, P. B. (2013). Sin Taxes. LA Crosse Tribune. Retrieved from http://search.proquest.com.proxy-library.ashford.edu/docview/1316101753?accountid=32521 * Colburn, Senator Tom (2011). A guide to some of the most wasteful and low priority Government spending of 2011. Wastebook. Retrieved from http://www.coburn.senate.gov/public/index.cfm?a=Files.Serve&File_id=b69a6ebd-7ebe-41b7-bb03-c25a5e194365 * Marotta, D.J & Nedelisky, B.A. (2006). Health Savings Accounts. Marotta Wealth Management, Inc. of Charlottesville. Retrieved from http://www.emarotta.com/health-savings-accounts/ * Mayo Clinic Staff (2013). Health savings accounts: Is an HSA right for you? Mayo Clinic. Retrieved from http://www.mayoclinic.com/health/health-savings-accounts/GA00053 * National Conference of State Legislatures (2013). Out-of-State Health Insurance - Allowing the Purchase (State Implementation Report). National Conference of State Legislatures. Retrieved from http://www.ncsl.org/issues-research/health/out-of-state-health-insurance-purchases.aspx * Princeton Model Congress (2013). Powers of Congress. Princeton Model Congress. Retrieved from http://pmc.princeton.edu/powersofcongress.php * Shepherd, J. M. (2013). Products Liability and Economic Activity: An Empirical Analysis of Tort Reform 's Impact on Businesses, Employment, and Production. Vanderbilt Law Review. Retrieved from http://search.proquest.com.proxy-library.ashford.edu/docview/1314964338?accountid=32521 * Stanton, M. W. (2002). Learning From What Has Been. Agency for Healthcare Research and Quality. Retrieved from http://www.ahrq.gov/research/findings/factsheets/costs/costria/index.html * Thomson Reuters. (2013). U.S. Const. art. I, § 8, cl. 3. Section 8, Clause 3. Regulation of Commerce. Retrieved from www.a.next.westlaw.com