Posted on 04/10/2023 5:59:26 PM PDT by lowbridge
Jason Rantz of Seattle’s KTTH explained Sunday that the “excess compensation tax” comes from SB 5767, “Funding health care access by imposing an excise tax on the annual compensation paid to certain highly compensated hospital employees,” which was introduced last Tuesday and referred to the Ways & Means committee. Rantz noted that “Democrats hope to tax specific job salaries at the behest of healthcare workers’ unions. But you’d be naïve to think they’ll stop there.” Of course they won’t stop there. This bill is one of the most open acknowledgments yet that Leftists are pursuing an avowedly socialist agenda, in which government wonks, not market factors, determine compensation.
-snip
In Washington, the new bill “would pose a 7.5% ‘excise tax’ on hospital administrator jobs that Democrats deem overpaid. The bill defines ‘excess compensation’ as one that exceeds 10 times the average annual wage of workers statewide, as published by the Employment Security Department.” What would the state do with this money? Nothing good, of course: “The tax revenue would be used to ‘advance health equity’ and fund abortion.”
-snip
Rantz points out that “Democrats are targeting hospital administrators because it allows them to justify even more funding of abortions, but also because they have a mutually beneficial relationship with various unions that represent healthcare workers. Democrats give the unions what they want, and they get support and help with their campaigns.” The flip side of this, however, is that the more the Left makes the job of hospital administration one in which people’s wealth is confiscated and they cannot make a decent living, the fewer people will go into hospital administration. Healthcare quality in general will suffer, and the revenue that this tax scheme is designed to bring in will start failing to appear.
(Excerpt) Read more at pjmedia.com ...
Washington state is doing everything that they can to drive away the people who pay the most money in taxes, just like NY, IL and CA.
Say goodbye to your highly compensated healthcare workers. They are in demand all over the place.
That sounds like a bill of attainder.
-PJ
I predict an exodus of health care administrators from Washington state.
“excess compensation”?
That pretty much describes all of the UC administration. It’s obscene how much those hacks make.
Commies!!!!!!!
They are in demand all over the place.
Well....that depends. I'm a RRT CPFT NPS.....but I live in a small town. And have no use or need to travel.
Oh I could have pimped myself out.....for lot's of money. But I stayed local....FWIW
Besides the constitutional issues, couldn’t they just change their titles?
Hasn’t D.C. been doing that to us for decades?
Good.
Healthcare quality in general will suffer improve greatly.
Fixed it.
Socialized Murder
I find it interesting that Dems seem to be obsessed with taxing income.
But they don’t seem to care even slightly about taxing wealth.
I’m not suggesting taxing wealth is a good idea, but it seems someone with a few $Million or $Billion in wealth would be a more appropriate target that a person who actually works for a living and negotiates a higher than average level of compensation freely with an employer.
Could it be that Dems rely heavily on the wealthy to fund their causes and the price for that largess is to ensure that club stays as small as possible?
“Socialists just take every single thing and turn it into a vehicle for poverty and death.”
Yeah you can quote me on that.
Well, a huge percentage of health care workers are left leaning socialists, so they should pony up and be happy about it.
Money all belongs to the Marxist state, not to the dorky little American people.
Someday the dimwit Dems will say “Hey, I don’t like this like I thought I would.”
They say people vote their way into socialism and then have to fight their way out of it.
“You’re not going to like what comes after America.”
—Leonard Cohen
Why not college and high-school administrators as well?
HS admins are usually teachers. Union has their back?
Ahhh ... politicians and bureaucrats: Experts on everything. Back in 2020, politicians and bureaucrats had the insufferable gall to decree which businesses and employees were "essential" and which were not. They wrecked the economy.
You can administer from a different state.
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