Thursday, November 17, 2005

Score: sick and poor -- zero; big biz -- millions

Ed Garvey posted this on his blog this morning:

"I can't wait. I'm going over to St.Mary's hospital emergency room tonight to give out the good news to the folks who can't afford health insurance so they use the ER as their family doctor. What good news? Are we getting Medicare for all children? National Health Care? No, not exactly. The Republicans in the Lobbyist's Legislature are proposing to eliminate all capital gains taxes and to provide all sorts of other tax incentives for business. The JS reports the package will be expensive, but, hey, when WMC and the banks hand down marching orders, John Gard and the GOP are ready to march.Think how happy the folks in the ER will be when I tell them that there will be a tax credit up to $50,000 for brokers who raise equity for new businesses and $2.5 million tax credit for the manufacturers of small engines. This is hot news that will give hope to the minimum wage insurance-less people in the ER. As Herbblock said years ago in a famous cartoon, 'Why don't these people go out and inherit a department store?'"

I'm certain that this will be .... ahem .... "welcome" news to our already under-funded home care providers and the frail elderly and low-income disabled folks they serve, especially in light of the $10 million in cuts the Legislature and governor hit us with a few weeks ago.





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