We saw how well a promise to raise taxes worked for Walter Mondale in 1984. Surely it will be no more popular in 2008.

Democratic U.S. presidential candidate John Edwards on Sunday said that he would raise taxes, chiefly on the wealthy, to pay for expanded healthcare coverage under a plan costing $90 billion to $120 billion a year to be unveiled on Monday.

"We'll have to raise taxes. The only way you can pay for a healthcare plan that cost anywhere from $90 to $120 billion is there has to be a revenue source," Edwards said on NBC's Meet the Press news program.

The 2004 vice presidential nominee and former North Carolina senator said his plan would "get rid of George Bush's tax cuts for people who make over $200,000 a year."

He said the plan would also reduce healthcare costs.

Of course, we’ve already seen how well nationalized health care has worked in Canada and England – in the latter medical care is rationed based upon budgetary considerations, and in the former people skip across the border to the US to quickly receive treatment and diagnostic tests that take months to get in Canada. Do we really want to see our system follow their models, and for medical advances to slow to a trickle as the economic incentive for them is leached away – and your taxes go up, as they inevitably will? After all, you know that the “optional” single-payer program will quickly become mandatory.

Posted by: Greg at 12:14 PM | No Comments | Add Comment
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