Thursday, September 10, 2009

“Fees” Are Taxes and New Taxes Are Not the Answer � The Foundry

“Fees” Are Taxes and New Taxes Are Not the Answer The Foundry:

According to a New York Times story on Sunday, Senate Finance Committee Chairman Max Baucus (D-MT) plans to propose a new “fee” on insurance companies to help pay for a costly liberal health reform package. This “fee” would allow Congress to penalize their straw man du jour, insurance companies, while attempting to pay for part of one of the trillion dollar proposals being debated in Congress this week. However, these “fees” are nothing more than taxes hidden behind a thin veil of “fairness” rhetoric. They would actually fall on ordinary Americans, not insurance executives or stockholders."

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