TAX FOR LIFE
These taxes are always sold to us as a “tax on billionaires or millionaires” - as someone pointed out yesterday, that is exactly how the first income tax was sold - as only affecting “the rich.”
These new taxes will quickly filter down until everyone who isn’t on the government dole or pays income taxes (fewer and fewer people these ays)
The government’s idea of anyone “rich” is someone with $600 or more.
P.S. You do too.
What would be the motivation for a drug company to participate in the price negotiations? If they are penalized with an excise tax, the retail price would be raised and consumers stuck paying higher prices. As usual, dumb idea by the left the ultimately hurts those they ostensibly want to help.
Slight error there, it’s not “capital to pay for”, it’s “capital to sacrifice at the altar of”...