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Monday, June 22, 2009

A-dime-per-can tax increase on soda? 
Remember when Obama said this?

" if your family earns less than $250,000 a year, you will not see your taxes increased a single dime. I repeat: not one single dime."

If Obama doesn't pledge to veto this, then we know what his word is good for, don't we?

WASHINGTON (AP) - Early work on the ambitious health care overhaul the Obama administration is seeking has exposed the kinds of in-house fights that typify just how hard it will be to get meaningful legislation this year. Case in point: A proposal to help bankroll universal health coverage with a dime-a-can increase in the price of soft drinks.


Who's behind this? Democrats, of course. Looking out for working families, and all that.

Other possible screwings:

- Increasing the price of soda and other sugary drinks by 10 cents a can.
- Applying a potential 2 percent income tax increase to single taxpayers earning more than $200,000 a year and households earning more than $250,000.
- A new employer payroll tax could target 3 percent of employers' health care expenditures.
- Taxing employer-provided health insurance benefits above certain levels - a less likely option but one that still is in the running..



If they add a 3% payroll tax on health insurance, smaller employers will drop their coverage by the thousands. These fools don't understand how group plans and other ancillary benefit packages are sold to small businesses. The agent goes in and shows them how paying compensation in benefits can cost little or nothing once you net in FICA and Medicaid payroll taxes. That's a huge part of the sell, and a huge part of why small business owners provide these benefits.

If Congress destroys that, then employers will simply drop coverage.

Which is, of course, what these cretins want, because that will only increase demand for universal care.

The liberal assault on private enterprise, small business and the middle class continues apace.

Splash, out

Jason

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Comments:
If they add a 3% payroll tax on health insurance, smaller employers will drop their coverage by the thousands. These fools don't understand how group plans and other ancillary benefit packages are sold to small businesses.

They know full well what they are doing, Jason. Elimination of private health insurance is the goal.
Then they will expand their program, and control, even further
 
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