Sunday, March 15, 2009

Another Obama Plan to Take Money

We could start calling them "Five-Year" plans--Marxists loved those damn things.

The Obama administration is signaling to Congress that the president could support taxing some employee health benefits, as several influential lawmakers and many economists favor, to help pay for overhauling the health care system.

...In television advertisements last fall, Mr. Obama criticized his Republican rival for the presidency, Senator John McCain of Arizona, for proposing to tax all employer-provided health benefits

...At the time, even some Obama supporters said privately that he might come to regret his position if he won the election; in effect, they said, he was potentially giving up an important option to help finance his ambitious health care agenda to reduce medical costs and to expand coverage ...

Orszag is emphatic about 'keeping the option [to tax healthcare bennies] on the table.'

Next up: your 201(K).

HT: JustOneMinute

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