Tuesday, July 3, 2012

Obama Supremes Health Insurance Taxes (OSHIT) Mean 50% Tax Rates

39 States Top 50% Tax Rates, Thanks To USSC

In July of 2009, I posted this article which demonstrated the impacts of the OSHIT tax on the majority of this country.  I'm re-publishing that article today not as an "I told you so" (well, I did!) moreso to frame the discussion around the impacts of OSHIT to every day American's lives.

Yesterday the Wall Street Journal's Stephen Moore published a column stating that the tax implications of OSHIT would be felt overwhelmingly by the middle-class, that is those making less than $120,000 a year for a family of four.

By re-publishing the July 2009 article which shows 39 States having a cumulative tax rate of 50% or more we not only bolster Stephen Moore's claims, we demonstrate to each and every middle-class American exactly how it is Barack Hussein Obama lied to you in 2008 when he said he wouldn't raise your taxes "one thin dime."

How's that "hope and change" working out for you, America?

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