The majority of likely voters disagree with the Supreme Court’s view of Obamacare. From Rasmussen comes the cold, hard truth of Obamacare’s unpopularity with the people most likely to vote:
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The latest Rasmussen Reports national telephone survey shows that 52% of Likely U.S. Voters favor repeal of the health care law, while 39% are opposed. That’s little changed from a week ago. Indeed, support for repeal has barely budged since the law was passed.
It’s a real “D’oh!” moment for those who demonize the wealthy and/or the investor class. My home state of Arizona, where housing prices have tanked dramatically over the last several years, is now experiencing a massive shortage of construction labor. Why? Because those big bad rich people that progressives love to demonize are buying property and creating demand for workers.
Cash-wielding investors are driving demand as they snap up properties, and Arizona’s builders are having trouble finding skilled crews. Building permits are at an almost four-year high, creating a dearth of framers, roofers, and masons, many of whom moved elsewhere when work dried up. Laws aimed at curbing illegal immigration added to the shortage by pushing seasoned hands out of state. After declining by more than half since 2006, construction jobs, a category that includes residential, commercial, and government projects, jumped 9.3 percent in May from a year earlier, to 120,300, according to Arizona’s employment statistics office. Nationally, construction employment rose 0.4 percent. The average hourly wage for construction workers in Arizona increased to $20.72 from $19.53 a year earlier.
Note to progressive anti-capitalists: private investors are good for the economy, whether they’re investing in property or businesses. I want MORE people to become wealthy and/or investors. That opportunity comes in a free society, not a nanny-state society.Read full article » No Comments »
Now that the U.S. Supreme Court has confirmed that Obamacare is a massive middle class tax hike, take a moment for a look at some of the other tax hikes to come with President Obama’s anti-freedom, anti-personal responsibility monstrosity.
A new 3.8% tax on investment income will be applied to those earning more than $200,000 single or $250,000 when married. The tax will effectively boost the applicable capital gains rate on any investment income that’s claimed when total income exceeds those thresholds.
Medicare taxes on high income filers will also increase. Currently, everyone pays 1.45% on all income into the Medicare program. Now, if a single filer earns more than $200,000 or a married couple earns more than $250,000, they’ll need to pay 2.35% into Medicare.
Finally, the law makes it harder to deduct medical expenses. Currently medical expenses are deductible once they exceed 7.5% of your adjusted gross income. Next year, the threshold will be raised to 10% of AGI.
Hey, don’t worry: It’s the government, and it’s here to “help” you.Read full article » No Comments »
Gov. Perdue continues to use the old, tired “it’s bad for the children” mantra to justify more spending and more government. Yawn.Read full article » No Comments »
Steve Moore of The Wall Street Journal lays out the bare facts of the middle class tax hike that is Obamacare.Read full article » No Comments »