Would the Senate Health Care Bill Keep the Poor Poor?

A new Cato Institute study by Michael F. Cannon finds that implicit tax rates would often exceed 100 percent for low-wage workers, which could trap millions of Americans in low-wage jobs. Cannon also finds that the Senate bill creates incentives as large as $8,000 per year for people to purchase health insurance only when they are sick. Below is a video where the Cato Institute Scholars Analyze the 2010 State of the Union Address. Visit our website at www.kimberleyvassal.com

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s