The New York Post published a chilling breakdown of the tax burden of New Yorkers should nationalized healthcare – more accurately called socialized healthcare – become a reality. Looking at individuals, couples, and small businesses at different salary levels, the tax rate under the proposed hikes ranges from 35.48 percent to 47.91 percent.
Can you imagine forking out nearly 50 percent of your income in local, state and federal taxes? And on top of that, not being able to opt out of the government healthcare plan?
Yes, you read correctly. Investor’s Business Daily has the details:
When we first saw the paragraph Tuesday, just after the 1,018-page document was released, we thought we surely must be misreading it. So we sought help from the House Ways and Means Committee.
It turns out we were right: The provision would indeed outlaw individual private coverage. Under the Orwellian header of "Protecting The Choice To Keep Current Coverage," the "Limitation On New Enrollment" section of the bill clearly states:
"Except as provided in this paragraph, the individual health insurance issuer offering such coverage does not enroll any individual in such coverage if the first effective date of coverage is on or after the first day" of the year the legislation becomes law.
So we can all keep our coverage, just as promised — with, of course, exceptions: Those who currently have private individual coverage won't be able to change it. Nor will those who leave a company to work for themselves be free to buy individual plans from private carriers.
If every newspaper in the nation would print the breakdown for their communities as the Post did, how well do you think this healthcare scheme would be received by Americans? No wonder President Obama is claiming we have to rush this thing through – he wants it signed into law before we have any idea as to what hit us.
It’s not about healthcare. It’s about government power and restriction of the personal rights and liberties that this nation was founded on, and which Americans have cherished for well over two centuries.
Click here for the chart. And if you have an opinion, be sure to let your elected representatives know.
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