Thursday, July 16, 2009

Bend over... here it comes.


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.

The non-partisan think-tank calculated the average local tax rate in New York State at 1.7 percent, and combined it with the 8.97 percent that high-bracket state taxpayers will shell out in 2011, when the health care plan is set to take effect. Tack on the 39.6 percent federal tax rate, 2.9 percent for Medicare and 5.4 percent for the health care "surtax," and the figure is 56.92 percent for the Empire State.
Good one, Dem congress and Obama. Let's punish the productive. It won't be the Conservative Tea-Parties storming the White House... it'll be the Unemployed. (Here's a Hint: The productive hire people to do work.)

Higher taxes on productives = unemployed.
Unemployed = No taxes coming in.
No taxes coming in = Higher taxes on the productive....
and the cycle repeats until there is only the unemployed.
The productives have either gone on the Government dole, or moved to another country, or become outlaws (patriots).

NY Post article here. Check out the graphic... it's truly scary.

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