Monday, April 25, 2011

Wow! Obamacare Punishes Work! Ya Gotta Read This.

Here's the link:

http://online.wsj.com/article/SB10001424052748704628404576265692304582936.html

This stuff is simply factual. The author shows that Obamacare establishes a marginal tax rate of 80%+ on incomes between about $31,000 and $94,000 for families without healthcare insurance through their workplace. How does that happen? At $31,000 you get a $22,000 subsidy, and the subsidy steps down to $0 at $94,000. It is an enormous disincentive to work.

I really do believe the Dims loaded in this kind of crap into their legislation to try and force us into surrendering and agreeing that everyone should just have free healthcare administered and rationed by the state. Whether I am right or wrong about that, this provision is deadly to a you-get-what-you-earn society and is very supportive of a nanny state.

This kind of thinking is not what made us a great country.

All the best,

Hags

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