A Reckless Congress

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This is an opinion item.

Author(s) The Wall Street Journal editorial board
Source The Wall Street Journal
Date July 17, 2009
URL http://online.wsj.com/article/SB124779717982855785.html
Quote
Quotes-start.png "Unemployment is at 9.5% and rising, but Democrats will nonetheless impose a new eight percentage point payroll tax on employers who don't provide health insurance for employees. This is on top of the current 15% payroll tax, and in addition to a new 2.5-percentage point tax on individuals who don't buy health insurance. This means that any employer with more than $400,000 in payroll would have to pay at least 25% above the salary to hire someone." Quotes-end.png


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This item argues against the position Act should be passed on the topic Patient Protection and Affordable Care Act.