Friday, March 5, 2010

Morris: Time Running Out to Defeat Tax-Hiking Obamacare

The current version of reform is actually worse than the prior bills, because it includes a 2.5-percentage-point increase in personal income taxes. That’s on top of a five point increase from repealing the Bush tax cuts and a 2.5 point increase in capital gains tax – both proposed in Obama’s budget. “[The bill] is horrific in its consequences,” Morris warns.
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