Latest Entry: The GOP's oft-ignored and unheralded role in black history     Latest Comments: Talk Back Here

« John Bolton blasts Obama's delay on Afghanistan (Video) | Main | John Stossel on 'The U.S. House of Presumptuous Meddlers' »

November 12, 2009

Harry Reid considering hike in Medicare tax to pay for healthcare reform (Is the middle class next?)

Topics: Political News and commentaries
The Hill reports that Senate Majority Leader Harry Reid is considering a 1.45 percent payroll tax hike on those earning more than $250,000 to pay for health care legislation. As Phillip Klein aptly notes, "The idea of raising taxes during a recession and double-digit unemployment is insane, of course. But it also raises another question -- if health care legislation is going to save us so much money, then why do Democrats have to raise taxes to pay for it?" First the rich. Is the middle class far behind? It seems that Reid and Peloisi haven't been listening to the people that put them in office and that they in fact work for. Most voters continue to favor middle class tax cuts over spending more money for health care reform, and 59% of voters favor putting a provision in the health care plan that would prohibit any new taxes, fees or penalties on families who make less than $250,000 a year. But the Baucus bill will do exactly that - it is a "Big, Big, tax on the middle class" Related: Is Ben Nelson The New Olympia Snowe? (Video)

Posted by Abdul at November 12, 2009 11:43 AM



Articles Related to Political News and commentaries: