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Keyword: labortax

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  • Obamacare is a Devastating Tax on the Working Class

    11/12/2009 7:55:59 PM PST · by sickoflibs · 26 replies · 1,620+ views
    Mises Institute ^ | November 12, 2009 | Eric M. Staib
    Given the recent announcement that the government's measure of unemployment has hit 10.2 percent, and given that the official House version of Obama's healthcare plan, HR 3962, has now passed, a close examination of the effects of "Obamacare" on the labor market is important. It will be no surprise to readers of this site to learn that the Democrats' bill will seriously harm precisely those poor and uninsured citizens it is ostensibly designed to help. The harm will come by compounding mass unemployment and depriving these citizens of consumption choices. Obamacare as Labor Tax According to pages 269–273 of the...