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The Spectacle Blog
Among the many new taxes proposed by Max Baucus's health care proposal is a mandate requiring that individuals purchase health insurance. While his proposal would provide sliding scale subsidies to lower-income Americans, those subsidies would cap out at 300 percent of the federal poverty level. What the Baucus proposal means in real terms is that a family of four with a household income above $66,150 would face a tax of $3,800 if they do not obtain health care, while an individual with income above $32,490 would face a tax of $950.
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More Blog Posts by Philip Klein
http://spectator.org/blog/2009/09/08/the-baucus-tax
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Pingback| 9.9.09 @ 2:50AM
Twitter Trackbacks for The American Spectator : AmSpecBlog : The Baucus Middle Class links to this page. Here’s an excerpt:
martin j smith| 9.9.09 @ 8:06AM
Now I am almost 100% certain that the independents and moderates who voted for Obama are thrilled to hear about this.
2Anglico| 9.9.09 @ 10:25AM
And I heard some newsguy describe Baucus as a "moderate"! What a joke.
Pingback| 9.9.09 @ 2:12PM
Baucus Bonanza – Blog Watch links to this page. Here’s an excerpt:
Pingback| 9.9.09 @ 4:57PM
The American Spectator : AmSpecBlog : The Baucus Middle Class Tax Hike | kozmom news links to this page. Here’s an excerpt:
killua| 3.1.11 @ 2:38AM
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