[Bongo Boy's got plans for your paycheck.]
Mandatory Health Care FYOG
Posted by Manuel Lora on July 15, 2009 03:05 PM
For Your Own Good, and the good of the children (of course, it’s all about the children and various other special classes–you know which ones), King LOLbama The First, Supreme Ruler Of The State, has been pushing his “progressive” health care agenda to guarantee coverage for all.
“It’s time for us to buck up Congress, this administration, the entire federal government, to be clear that we’ve got to get this done,” he says.
And how will this noble enterprise be carried out? The usual way of course: more government:
The legislation calls for a 5.4 percent tax increase on individuals making more than $1 million a year, with a gradual tax beginning at $280,000 for individuals. Employers who don’t provide coverage would be hit with a penalty equal to 8 percent of workers’ wages, with an exemption for small businesses. Individuals who decline an offer of affordable coverage would pay 2.5 percent of their incomes as a penalty, up to the average cost of a health insurance plan.
I love the “choices” offered by the extortionist federal machinery: if you decline coverage you get taxed more. But it’s FYOG. Carry on, citizen.