(click to enlarge) What Obama Healthcare plan means to New Yorkers
No matter what President Obama may say, almost no one still believes taxes will only increase on those earning more than $250,000. Especially the New York Post:
Congressional plans to fund a massive health-care overhaul could have a job-killing effect on New York, creating a tax rate of nearly 60 percent for the state’s top earners and possibly pressuring small-business owners to shed workers.
New York’s top income bracket could reach as high as 57 percent — rates not seen in three decades — to pay for the massive health coverage proposed by House Democrats this week.
Three words: Trickle down taxes.
Source: New York Post, RasmussenReports.com
