Posted on 03/24/2010 9:00:47 AM PDT by ianschwartz
Sen. Max Baucus (D-Montana): “One other point that I think it’s very important to make is that it is true that in certain cases, the taxes will go up for some Americans who might be making less than $200,000.”
(Excerpt) Read more at realclearpolitics.com ...
READ MY PURPLE, LYING LIPS...
Gee...what a surprise. If we aren’t taxed directly, it’ll be a hidden tax on other things. Or maybe a national tax on everything you buy. I think that’s what the European countries do.
Why is a Dem. saying this?
Sounds like he’s hitting the bottle again.
Was that his best Foster Brooks impresonation?
When was this video recorded?
“Why is a Dem. saying this?”
Because he knows his only chance at being reelected now means to run AGAINST Obama.
Good question.
How does this POS keep getting elected in ‘conservative’ Montana?
Until states like this remove these lying liberal senators we are doomed. We should have a super majority in the senate as there are more states that vote republican and claim to be conservative.
But that was just his one-day plan.
Who knew? (Everyone)
Captain Obvious to the red phone, please...
While taxes will no doubt go up for many people earning less than $250,000, the real pain will be caused by increases in the cost of their health insurance, which will soar in price, as Dick Durbin (D-Rezko) admitted. If ObamaCare mandates additional coverage (e.g., coverage for children until age 26, eliminatkion of annual and lifetime maximum benefits, mandates for all forms of minimum mental-nervous and other coverages), insurance premiums will necessarily increasee significantly. Contrary to Obama demagoguery, health insurance profit margins are fairly thin (3.3% in one article I read recently). By the time the “Cadillac Plan” taxes kick in, almost everyone will have Cadillac Plans, even for the most basic permissible coverage levels.
Employees will feel the impact of this even if their insurance is employer-provided. As an employer, if I am mandated to provide health insurance and have to boost payments for employee health benefits from $10,000 to $16,000 or more per year, that is not going to come out of my profits (thin to nonexistent this year and last), but will inevitably have to come out of the pay of employees, in the form of wage freezes, decreases, or even layoffs.
This bill is a job killer. Dems, of course, will howl in fury at the premium increases coming down the road, but that is just typical dem behavior: create a problem and then campaign against it.
Poor white folks often rent and use tanning beds. = tax increase.
Some people as in all of them!
Meanwhile, Rome burns... More taxes. More gasoline. More Taxes. More gasoline.
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