Thursday, December 3, 2009

'HEALTH CARE SURTAX WOULD HURT ECONOMY, HEALTH CARE'

(Budget & Tax News) -- The Heartland Institute reports that "the top tax rates in 39 states would climb above 50% under a plan to overhaul the nation’s health care system, according to an analysis by the nonpartisan Tax Foundation." "'This proposed tax increase will be levied at a time when Americans can least afford it and will affect countless small businesses that file individual returns,' including sole proprietorships, S Corporations, and partnerships, said economist Jonathan Williams, director of the Tax and Fiscal Policy Task Force of the American Legislative Exchange Council. ... 'This tax increase is a job killer, plain and simple,' Williams added." See more at <http://www.heartland.org/publications/budget%20tax/article/25914/Health_Care_Surtax_Would_Hurt_Economy_Health_Care.html