He is driving us head-long into a oligarchy society.
First of all, when companies are taxed beyond limits, they ALWAYS PASS THOSE COSTS ON. ALWAYS.
Second, this proposal will actually INCREASE THE COST OF ALL HEALTHCARE AND MEDICAL SERVICES WHICH IN FACT WILL BE PASSED ON TO CONSUMERS.
How convenient that Obummer fails to mention or take into account any of these small little inconvenient details.