It’s interesting, isn’t it, how the truth is coming out about ObamaCare now that the House has passed it and the president has signed it?
On Tuesday, Michigan Congressman John Dingell told WJR’s Paul W. Smith, in response to a question about why much of the legislation doesn’t kick in until 2014, that:
… when you’re going to pass legislation that will cover 300 [million] American people in different ways it takes a long time to do the necessary administrative steps that have to be taken to put the legislation together to control the people.
Many of us already knew that this has been the agenda all along; but now it’s out there, and they can’t take it back.
David Leonhardt, the propagandist who pretends to be a business reporter for the New York Times, let the redistributionist cat out of the bag in Wednesday ‘s paper in a piece entitled “In Health Bill, Obama Attacks Wealth Inequality.” Note: not merely “income” inequality, but “wealth” inequality. More on that in a bit.
Then on Thursday morning, as the Democrat-controlled Senate wrestled with Republican members over stripping certain language from the bill, the Associated Press’s Alan Fram confirmed the wire service’s status as the official propaganda arm of the Democratic Party when he sobbed that these maneuvers might prolong “what has been a politically painful ordeal for the party.” Zheesh.
Much has been written about the legislation’s onerous taxes, including items large and small. One of the biggies is a new 3.8% hit on capital gains, dividends, investment income, and rental income. One relatively small but especially annoying item that betrays the control-freak nature of the bill alongside Congress’s breathtaking economic ignorance is its 10% excise tax on indoor tanning services. One tanning salon owner predicts that 1,000 salons will close within 12 months after the tax goes into effect on July 1. Didn’t somebody say in his January State of the Union address that “jobs must be our number-one focus in 2010″?
Beyond the paramount moral issues relating to the quality and availability of medical care, anyone who believes that ObamaCare will only affect high-income earners and a few isolated industries is in for a rude shock if the legislation is not successfully repealed in time. How rude? ObamaCare’s worst financial provisions have nothing to do with taxes, but instead relate to its subsidies. When they take full effect, their impact will dramatically advance each of three goals described above: income and wealth redistribution, control, and the long-term political power of the far left.