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Supporting a Tax Because It's a Spending Cut
National Review Online ^ | 10-25-2015 | MICHAEL R. STRAIN

Posted on 10/26/2015 10:11:36 AM PDT by Citizen Zed

Economists Lawrence H. Summers, Treasury secretary under President Clinton and top economics adviser under President Obama, and N. Gregory Mankiw, CEA chair under President George W. Bush, team up this morning in an op-ed supporting Obamacare’s Cadillac tax...

They are right to do so, as the Cadillac tax actually cuts government spending (properly understood).

(Excerpt) Read more at nationalreview.com ...


TOPICS: Chit/Chat
KEYWORDS: cadillactax; demagogicparty; memebuilding; michaelrstrain; nationalreview; nro; obamarecession; obamataxhikes; partisanmediashill; partisanmediashills
The article goes on to say: bla, bla, bla..
1 posted on 10/26/2015 10:11:36 AM PDT by Citizen Zed
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To: Citizen Zed

Like most socialist systems, what the gov views as excess is taxed more heavily than some arbitrary baseline.

However, I think that state union workers are the biggest users of “Cadillac” policies.

So your state gov is now going to be on the hook for this. You know they won’t cut spending so that means...


2 posted on 10/26/2015 10:25:48 AM PDT by fruser1
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To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; cardinal4; ColdOne; ...
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"Shariah Taxation!
Shariah Lending!
Shariah Budgets!
Death to America!"


3 posted on 10/26/2015 10:43:48 AM PDT by SunkenCiv (Here's to the day the forensics people scrape what's left of Putin off the ceiling of his limo.)
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To: Citizen Zed

Sad to see how far into the toilet NRO has gone.


4 posted on 10/26/2015 10:47:55 AM PDT by FourPeas ("Maladjusted and wigging out is no way to go through life, son." -hg)
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To: Citizen Zed

Nice try, but no. . . .


5 posted on 10/26/2015 11:51:23 AM PDT by RatRipper (The biggest threat to US national security is our government and those in it.)
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