We're All Gonna Die ... Richer

The Democrats are howling bloody Armageddon as the GOP reform tax bill is set to be passed today by the House. Procedural difficulties in the Senate made it necessary for the bill to be passed again in the House.

Given that the death of Net Neutrality has been followed on its heels by the GOP tax plan, the outcry from liberals is impressive.

Appearing on CNBC Monday, Harvard economist and former Obama and Clinton administration official Larry Summers warned that if the Senate tax bill becomes law, about 10,000 people will die every year who otherwise would have lived. If anything, his estimate isn’t pessimistic enough. 

The reason why is that the bill repeals the Affordable Care Act’s individual mandate, an unpopular but necessary provision that stabilizes insurance markets and wards off something known as an “adverse selection death spiral,” which can cause entire insurance markets to collapse. The Congressional Budget Office estimates that, if the individual mandate is repealed, 13 million fewer Americans will be insured by 2027.

And I thought that the libs wanted to reduce the world's carbon footprint by eliminating most everyone who had carbon feet?

As Obama's "Enrich The Insurance Companies' Bottom Line" Individual Mandate is now another resident of the historical dust bin, many of those uninsured are very likely to be young people who figure they can do without insurance. And in my experience, many welfare recipients abuse the living daylights out of healthcare services provided by the taxpayer.

It got so bad in my city that the police were instructed to respond to every ambulance call that went out. We had to evaluate whether or not the call was legitimate. This was done because welfare people who were drunk, bored or crazy were constantly calling for an ambulance to take them to an emergency room. We were responding to over 12,000 ambulance calls a year until the Chief finally eliminated that requirement. We just got too busy.

Hyperbole aside and curious as to how the GOP tax plan would affect me, I ran some numbers for myself using Maxim Lott's income tax estimator, Under the new tax act I will (may? might? could?) pay $1,000 less in federal income tax. I will use these funds to invest in corporations that produce body bags.

Just in case...