Democrats’ Government-Run Healthcare Plan Creates New Taxes, New Burdens
Washington- Now that Nancy Pelosi has finally introduced her massive tax hike on small business owners – this time in the form of a government takeover of healthcare – Carol Shea-Porter owes the people of New Hampshire an answer: Will she bow to her party bosses to support the latest piece of the Democrats’ anti-jobs agenda?
The core of the Democrats’ proposal is a job-killing tax policy that will prolong the country’s ongoing economic woes:
“The bill would place a 5.4% surtax on individuals and families with annual gross income exceeding $1 million. Individuals and families with annual income above $350,000 would face a 1% surtax, and those making between $350,000 and $500,000 a year would be hit with a 1.5% surtax.
“Those surtaxes for the last two categories would jump to 2% and 3% by 2013, unless the director of the White House Office of Management and Budget determines that other provisions of the bill have resulted in savings to the government of more than $150 billion.” (Patrick Yoest and Martin Vaughan, “House Health Bill Taxes Higher Income,” Wall Street Journal, 7/14/09)
“During these difficult times, Carol Shea-Porter will have no excuse for raising taxes on small businesses and sticking middle-class New Hampshire families with higher unemployment,” said NRCC Communications Director Ken Spain. “Will Carol Shea-Porter stand up for job creation or will she play lap dog to Nancy Pelosi as her party bosses continue their assault on economic recovery?”
After Democrats passed a mountain of debt onto future generations with their failed ‘stimulus’ and voted to kill millions of jobs with a devastating National Energy Tax, can New Hampshire families really afford Carol Shea-Porter's support for Nancy Pelosi’s small business tax?