Lovers of liberty, it's not time to be resigned or downtrodden. It's time to stand up and be heard. This week the U.S. House of Representatives is scheduled to vote on the massive energy tax sometimes known as the Waxman-Markey bill or "Cap and Trade". FreedomWorks not only tells you why this bill is bad but provides easy links for you to take action and contact your representative. I already contacted Rep. Ed Perlmutter's office. (Of course, we also have the problem of an already very long piece of legislation that has suddenly added several hundred pages. Unlike the stimulus bill, will our Congressman be able to read it all in time? Consider me skeptical.) As it turns out, the timing of the House vote is proving to be quite … [Read more...]
Democrats Trying to Spare Unions from Massive National Health Care Tax
Say what? The Washington Examiner reports that Democrats are proposing to exempt unionized workers from the massive tax hike needed to fund government health care:With cost estimates already as high as $1.6 trillion, Senate Finance Committee Chairman Max Baucus, D-Mont., has proposed paying for the bill in part by taxing health care benefits for workers who earn more than $100,000, or $200,000 for married couples, according to those familiar with the discussions. Baucus is also weighing a tax based on the value of health care benefits that exceed a yet-to-be determined cap. A tax on benefits that exceed the cap by a mere $3,000 could amount to $750 in taxes annually for a worker who earns as little as $34,000, say experts. But those … [Read more...]