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Doctor Approves Of Revenue Proposals

Home News Tribune / — Sunday, July 26, 2009

Letters to the Editor

Health care is a human right that has wrongly been denied to millions of people for too long. As a health-care provider, I fully endorse a public option for health care as well as adequate, responsible ways to pay for it. From my standpoint, the primary goals should be to insure as many people as possible and keep the system sustainable while not providing further economic strain on the uninsured and others who are currently struggling.

Along with many others from the medical community, I wholeheartedly vouch for three affordable, progressive revenue proposals that only affect the wealthiest two percent of Americans.

First, applying a surtax on the wealthiest Americans (individuals making more than $280,000 annually), would raise some $500 billion in the next 10 years, and would affect only about 2 percent of taxpayers.

Second, reforming the Medicare tax to apply to investment income as well as work would raise $500 billion over 10 years, while affecting only those with large investments and capital gains (think of Paris Hilton and hedge fund managers).

Third, we could raise $260 billion over 10 years if we limit itemized deductions for the wealthiest Americans.

As the unemployment rate increases and the economy continues to decline, more and more Americans (both adults and children) are becoming uninsured. Responsible financing of health care reform will ensure that the medical community can provide quality, affordable services to everyone.

This, after all, should be the goal, rather than preserving profits for the wealthy.

Dr. Richard B. Menashe is medical director at Edison Medical Nutrition Center in Edison.

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