Tuesday, June 28, 2011

Sales Tax/ Health Cost

In reading the SF Chronicle this morning it appears that the collection of sales tax by out of state Internet companies is part of the Governors budget.

Keep your fingers crossed that this gets passed by the legislature and signed by the Governor. It is estimated it will raise about $200 million for the state and will level the playing field for brick and mortar stores in California.

In the Kaiser Daily Health Journal report today, there were two pieces on the cost of health care in the US.

From 2005 to 2009 health cost reached $2.5 trillion and rose 23%. That is $8100 for every man woman and child in the US and represents about 18% of GNP and rising.

It was also reported that 5% of the population is responsible for slightly over 47% of the cost.

The economic foundation of our country is being threatened by the rising cost of health care spending. Whether you agree or disagree with the health plan that was passed last year this country has got to find solutions to this threat and all of us have to part of the solution.

Scott Hauge
Small Business California
2311 Taraval Street
San Francisco, CA 94116

No comments: