ObamaCare Not Dead

Details of the House Democrat’s “health care” legislation were finally revealed Tuesday.

President Obama can now no longer dodge questions about how it’ll work or who’ll pay for it.

Michelle Malkin has a link to the bill here“Read it and weep.”

The lowlights:

“The healthcare overhaul proposal offered Tuesday by U.S. House of Representatives’ Democrats will include an extra 5.4% tax on those earning more than $1 million.

One congressional aide said that would bring the top tax rate for the wealthy to 45%. (note: we’re just talking FEDERAL income tax rate here!)

An additional tax of 1% would be levied on those couples earning more than $350,000. Those with $500,000 incomes would pay an extra 1.5%, according to the legislative documents. Increases could be triggered in 2013 to 2.0% and 3.0%, respectively. The millionaires’ tax would remain at 5.4%, according to legislative documents.”

And FYI, this move “pays” for just over half the total price of the program.  This is before everyone making $350,000 “goes Galt” and just quits working so hard to drop under that magical punishment number.  These revenues will not be collected!  People WILL quit working so hard, they WILL quit investing, they WILL quit building their businesses and hiring new employees in order to avoid seeing more and more of it be ripped-off by the government!

Is this health care or class warfare?

(and an aside for readers: the Patriot Burr household makes nowhere near this $350,000, lest you think I am just whining about paying more taxes.  I whine for OTHERS paying more taxes, too! : ) )

Steven Crowder from PJTV produced this documentary on the realities of the Canadian health care system.  Send it to your friends.  And remind them to call their Representatives to say NO to this health care scheme!

Switchboard: (202) 224-3121

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Published in: on July 14, 2009 at 9:14 pm  Comments (3)  

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3 CommentsLeave a comment

  1. […] Fire Andrea Mitchell!: How to pay for the democRATS health care bill – surtaxes Patriot Burr: ObamaCare Not Dead Reuters: Republicans plan rival healthcare plan The Daley Gator: Oh goody health care hijacking […]

  2. […] Fire Andrea Mitchell!: How to pay for the democRATS health care bill – surtaxes Patriot Burr: ObamaCare Not Dead Reuters: Republicans plan rival healthcare plan The Daley Gator: Oh goody health care hijacking […]

  3. […] Updated and Americans shifting to the right (Snowe and Collins not listening) Patriot Burr: ObamaCare Not Dead Reuters: Republicans plan rival healthcare plan Moderate in the Middle: Health Care Update: New […]


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