[fightinJAG]

If you’re an executive in the health insurance industry and earn more than half a million dollars a year, taxes will effectively double for all of your income above $500,000.

Wow. Did you know your guvmint could just not be liking your industry and so make YOU pay way more in taxes than the other guy?

[fightinJAG]

In addition to these new taxes, the new health care law cuts federal funding of Medicare by $500 billion over the next decade. The states will find themselves forced to deal with this cutback, and they will have little choice but to increase state income taxes, force Medicare patients to pay more of their health care costs, or both.

Basically, States no longer exist except as administrative pass-throughs. The feds totally own a State's budget priorities when it can force it to spend whatever it takes to fulfill unfunded federal mandates. The 9th Circuit recently ruled that a State could NOT cut Medicaid -- no matter that the State was going flat broke -- because it must "maintain equal access to healthcare for the poor."

What I said here, at # 8.