Wednesday, July 15, 2009

Democrat's latest Job-killing idea - tax small business

Democrats want an 8% payroll tax hike on businesses that don't provide health insurance. They also are forcing a $500 billion tax hike. Another bill that is doing the wrong thing at the worst time to do these things. If you are going to knee-cap the economy, it's really a bad idea to do it when unemployment is heading to double digits.

"House Democrats on Tuesday unveiled sweeping health-care legislation that would hit all but the smallest businesses with a penalty equal to 8% of payroll if they fail to provide health insurance to workers."

... "This bill costs too much, it covers too few and it has way too much government involvement," said Michelle Dimarob, a lobbyist with the National Federation of Independent Business, the main trade group for small firms. "Small business doesn't want any of those things."

Obama claims that this fixes what is wrong with health care... So what's wrong with healthcare is that we don't have high enough taxes, enough Government mandates and meddling and more bureaucracy?

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