Wednesday, December 30, 2009
An explanation from Bob Herbert, posted in the Op-Ed of the New York Times:
According to the Joint Committee on Taxation, less than 18 percent of the revenue will come from the tax itself. The rest of the $150 billion, more than 82 percent of it, will come from the income taxes paid by workers who have been given pay raises by employers who will have voluntarily handed over the money they saved by offering their employees less valuable health insurance plans.And the entire nation had affordable health care, everyone had coverage, costs didn't rise, and people could choose to keep their current coverage if they wanted to. And everyone lived happily ever after.
Can you believe it?