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Obamacare Will Trigger Huge State Tax Hikes
http://www.newsmax.com/morris/Obamacare_tax_hikes/2009/11/20/289211.html ^

Posted on 11/20/2009 7:05:57 PM PST by truthfinder9

Anxious to avoid raising taxes too much to pay for their healthcare proposals, the Obama administration and its congressional allies hit on a great new idea: Make the states raise their taxes to fund the program instead.

Both the House and the Senate bills require that states cover a larger percentage of their people under Medicaid — a joint state and federally funded program. The idea was to force the states to raise their taxes to cover a big part of the healthcare bill for treating poor people.

Since the Feds simply can charge any increase in spending to their already overdrawn bank account, but the states have to balance their budgets, the increased state spending for Medicaid will cause sharp increases in state taxes.

And the governors will get the blame — not Obama and not Congress.

The House bill requires states to give Medicaid to those whose incomes are less than 150 percent of the poverty level while the Senate requires coverage up to 125 percent. For most states, this is a hefty increase.

(Excerpt) Read more at newsmax.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: bankruptcy; obama; obamacare; sourcetitlenoturl; taxes

1 posted on 11/20/2009 7:05:59 PM PST by truthfinder9
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To: truthfinder9
Why stop with tax hikes.....

get ready to learn a new word...

hyper-inflation!!

2 posted on 11/20/2009 7:08:45 PM PST by Nitro
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To: truthfinder9

Surely his little buddy Gov. Patterson in NY state wouldn’t mind raising taxes in support of ObamaCare now. Just ask Gov. Corzine how that’s worked out for him!


3 posted on 11/20/2009 7:09:45 PM PST by tflabo (truth vs. tyranny)
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To: truthfinder9

NO WAY. State taxes going up is impossible. Next you’re gonna try to tell me WWF wrestling is fake.


4 posted on 11/20/2009 7:10:55 PM PST by Repeat Offender (While the wicked stand confounded, call me with Thy Saints surrounded)
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To: truthfinder9

Uh.....I think there are some states that will NOT abide by the FEDS screwing around with them like this anymore.....I HOPE!


5 posted on 11/20/2009 7:12:13 PM PST by goodnesswins (Become a Precinct Committee Person/Officer....in the GOP...or do NOT complain.)
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To: truthfinder9

These leftists are way out of control-—off on a wild night’s bender gone mad. Let’s bring them to their senses and out of our lives in 2010!


6 posted on 11/20/2009 7:12:18 PM PST by tflabo (truth vs. tyranny)
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To: truthfinder9

Good luck on collecting those taxes. No one will have a job to pay them, they way things are going.

Hike them all you want loosers!


7 posted on 11/20/2009 7:15:39 PM PST by Candor7 ((The effective weapons Against Fascism are ridicule, derision, and truth (.Member NRA))
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To: truthfinder9
And the governors will get the blame — not Obama and not Congress. --------------------------- not if cards are played correctly.
8 posted on 11/20/2009 7:28:51 PM PST by Joan Kerrey (The bigger the government = The smaller the people)
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To: truthfinder9
And the governors will get the blame — not Obama and not Congress. ------------------------------ they really do think we're all stupid
9 posted on 11/20/2009 7:30:41 PM PST by Joan Kerrey (The bigger the government = The smaller the people)
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To: truthfinder9

Actually this is the way this is suppose to work and in turn the states can, should, and will say no way (State rights). The federal government was supposed to be supported by the states financially and the Federal government was never suppose to tax the citizens. So in a way I am 100% for this. Of course this means everything else the fed has built must come down also.


10 posted on 11/20/2009 7:34:24 PM PST by jafojeffsurf (Return to the Constitution.)
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To: jafojeffsurf

If one state resists, I think other states will follow. It could quickly create a crisis — which I would love to see. The federal government needs to be rebuilt: what we have now is just toxic.


11 posted on 11/20/2009 8:16:37 PM PST by ClearCase_guy (Play the Race Card -- lose the game.)
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To: ClearCase_guy

The Tennessee Gov has already stated taxes will rise to cover the unemployment benefits. As Obama forces states to comply they must raise taxes.


12 posted on 11/20/2009 8:22:10 PM PST by eyedigress
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To: truthfinder9; Jet Jaguar; NorwegianViking; ExTexasRedhead; HollyB; FromLori; ...

The list, ping


13 posted on 11/21/2009 7:18:59 PM PST by Nachum (The complete Obama list at www.nachumlist.com)
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