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Politics : Liberalism: Do You Agree We've Had Enough of It?
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To: Kenneth E. Phillipps who wrote (75067)11/11/2009 2:26:16 PM
From: JakeStraw2 Recommendations  Read Replies (3) of 224749
 
The House bill is the very definition of a job killer, funding another entitlement program with a payroll tax equal to 8% of wages on businesses that don't offer insurance even as it inflicts a huge 5.4-percentage-point marginal rate tax hike on those earning over $500,000. The Democrats' own Joint Tax Committee says that one-third of the $460.5 billion this is estimated to raise over 10 years will come from small businesses that create most new jobs.
online.wsj.com
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