Monday, June 29, 2009

Obama leaves door open to tax on health benefits

Obama believes that "the government is out of money" (his own words) causing him to think that he must levy a tax in order to "pay" for his health care plan. Placing a fiscal drag in the form of a tax--on any income group--when the economy is still so weak is a terrible idea. It clearly shows that he doesn't understand our monetary system and highlights, once again, the awful group of advisers he has around him.

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