The Obama - Clinton Disaster Message Board

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Politics : The Obama - Clinton Disaster

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To: Kenneth E. Phillipps who wrote (15381)	7/17/2009 11:58:31 AM
From: JakeStraw	Read Replies (1) of 103300

Tax Hike Comin' ibdeditorials.com New data from a nonpartisan think tank confirm our worst fears about health care reform: The plans proposed by the White House and Congress will lead to economically ruinous tax hikes. These new taxes will have a devastating effect on the economy. According to the National Tax Foundation, the top total tax rate on Americans — that is, state, local and federal taxes — will top 50% in 39 states. Will entrepreneurs and small businesses expand and create new jobs if they know more than half what they earn will be taken by government? Not likely. Two million jobs have been lost this year. If you think that, and 9.5% unemployment, is bad, wait till health reform passes.

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