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protein wisdom: ObamaCare: it really isn’t about your health [Darleen Click]
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I don't think anyone thinks THIS is the CHANGE we can BELIEVE in : http://bit.ly/gHNAA 20 days ago |
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AP: Health care plan hits rich with big tax increases, http://tinyurl.com/yc6julb 20 days ago |
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First they came for the plutocrats and I said nothing... http://bit.ly/gq4dJ ... yeah, cue the tiny violins. #HCR #Politics 20 days ago |
ObamaCare: it really isn’t about your health [Darleen Click]
protein wisdom —
It is about your wallet The bill is funded largely from a 5.4 percent tax on individuals making more than $500,000 a year and couples making more than $1 million, starting in 2011. The tax increase would hit only 0.3 percent of tax filers, raising $460.5 billion over the next 10 years, according to congressional estimates. But unlike other income tax rates, the new tax would not be indexed for inflation . As incomes rise over time because of inflation, more families — and more small business owners — would be hit by the tax. [...] The tax would hit only 1.2 percent of ...
Tuesday morning links
Maggie's Farm —
... Where the white Leftist men live in America. Related: Why are the groovy "Progressive" cities the white cities? Real, interesting cities are full of everybody. Portland is white bread. I'll take NYC.
How come we never found this blog before? Black and Right. This one goes straight onto Ye Olde Blogroll.
Roy Spencer: AGW is an urban legend
Those taxes on the rich aren't inflation-indexed. We know what that means.
From Ace, the pithily amusing AP: ...
Tuesday morning tab dump
TigerHawk —
I have a lot of open tabs, and they have to go somewhere while I sit in meetings all day. Fire away. The Donks want to pay for health care "reform" by taxing the rich . But only for the time being. The new proposed tax would not be indexed to inflation, and since there is massive structural inflation built in to the massive budget deficits we are now enacting, the health care tax on the "rich" will become middle class soon enough: The typical family would be spared higher taxes from the House Democratic plan to overhaul health care, and their low-income neighbors could come out ...
Taxing the Rich -- By: Veronique de Rugy
The Corner on National Review Online —
In order to fund her "deficit neutral" health-care reform, Nancy Pelosi is trying to make the millionaire tax a new feature of our federal tax code.
Here is the plan:
The bill is funded largely from a 5.4 percent tax on individuals making more than $500,000 a year and couples making more than $1 million, starting in 2011. The tax increase would hit only 0.3 percent of tax filers, raising $460.5 billion over the next 10 years, according to congressional estimates.
Obviously, I think it really doesn't make it okay to impose this tax ...
