This will be the first of many new taxes or tax increases. Many of those will adversely impact the poor. Raising taxes, we all know, has a depressive affect on tax revenue, so the funding of the SCHIP program will have a funding source that should diminish over time. New sources of funding will have to be found for this new bureaucracy for this new law that will not achieve what it is intended to achieve.
Thursday, February 05, 2009
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