Tuesday, July 21, 2009

Income Tax Surtax Should Not Fund Government Health Care Expansion




Congress is reportedly considering raising taxes by at least $540 billion over 10 years to fund President Obama's health care initiative through a "surtax" on top of the highest individual tax rates.
This should finally put to rest President Obama's implausible claim that expanding government health care benefits will save money, since policies that save money do not typically require painful tax increases to offset their cost.


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