Bob Herbert, . . . the tax would reach a fifth of all households earning between $50,000 and $75,000

[keep_it_real]

There is a middle-class tax time bomb ticking in the Senate’s version of President Obama’s effort to reform health care.

The bill that passed the Senate with such fanfare on Christmas Eve would impose a confiscatory 40 percent excise tax on so-called Cadillac health plans, which are popularly viewed as over-the-top plans held only by the very wealthy. In fact, it’s a tax that in a few years will hammer millions of middle-class policyholders, forcing them to scale back their access to medical care.

Which is exactly what the tax is designed to do.

. . . the tax would reach a fifth of all households earning between $50,000 and $75,000 annually.

http://www.nytimes.com/2009/12/29/opinion/29herbert.html?_r=3&partner=rssnyt&emc=rss

[XanaDUer]

1. Kicked and r'd

nt.

[LouKneeLib]

2. ATTN: Ladies and Gentleman

The no tax on individuals making less than 250,000$ pony has now left the barn.

[Karmadillo]

3. The tax sucks, but good news! Obama says we can have single payer once the Democrats

take back the Congress & White House. Oh. Wait.

http://freedomeden.blogspot.com/2009/08/obama-single-payer-plan.html

OBAMA: I happen to be a proponent of a single payer universal health care program. I see no reason why the United States of America, the wealthiest country in the history of the world, spending 14 percent of its Gross National Product on health care cannot provide basic health insurance to everybody. And that’s what Jim is talking about when he says everybody in, nobody out. A single payer health care plan, a universal health care plan. And that’s what I’d like to see. But as all of you know, we may not get there immediately. Because first we have to take back the White House, we have to take back the Senate, and we have to take back the House.

[Kansas Wyatt]

4. Obama & The Democrats Are Committing Political Suicide

The American People did their part to 'change' the direction this country was going, yet they have been punched in the face, knifed in the back, and were told to sit down and STFU the first year of our new Democratic controlled Government.

Gee Mr. Obama, DLC Democrats, and Democrats who cave into the Republican Democrats

1) Do you really think so many people voted for the Democratic Party candidates, because they liked Republican Policies?

2) Has it ever fucking occurred to you that the majority of people voted for the Democrats, so that the country would move to the Left, instead of continuing to move to the Right?

3) Do you really think the American People voted to put a Democratic candidate in the White House and solid majorities in Congress, so you could give the American People Chump Change Token Effort Gimmicks, while you gave Corporate America everything they asked for, including the U.S. Treasury and new laws for Corporate America to oppress the American People with even more?

4) When have you even considered putting the American People first ahead of Corporate America, after you swore and promised the American People that you would reverse that Right Wing policy of the last 30 years?

Well guess what Mr. Obama and the Democratic Party?
The charade is over now, the cat is out of the bag, and the American People are now wise to the Good Cop Bad Cop routine. You were given the chance and you blew it in the first year. The American People can tolerate losses, but they will not tolerate self centered assholes, who sell them out to Corporate America. What the Democratic Party did for the American People in the last Century is now history, and now your historic claim is to strengthen Corporate America's stranglehold on the American People.

[dflprincess]

5. You would think that, after the Alternative Minimum Tax, fiasco

the idiots would have learned to index for inflation.

[treestar]

6. "confiscatory"

A very right wing word to use for a tax. People making over 50K? I'm sure the masses of voters making much less will feel really sorry for them. :sarcasm:

Or is this even actually true.