Monday, February 22, 2010

Obamacare© v?.0: Um, About Those Taxes....

Remember when Candidate Obama promised that no one who makes under $250k a year would see their taxes increase?

Well, promises were made to be broken:

"The president’s proposal would result in higher implicit tax rates on low-wage workers than the House and Senate bills.

The president’s proposal would result in greater incentives for higher-income workers to drop coverage than under the House and Senate bills. That would cause insurance markets to unravel even faster."

That's the word from FoIB Mike Cannon, Director of Health Policy Studies for the Cato Institute.

For more, click here for a livestream of a new forum detailing Obamacare© v?.0.
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