Tax Reform ATR believes that all consumed income should be taxed one time, at one low and flat rate. Link
Jim Pendergraph Supports $2 Trillion Tax Hike http://t.co/LF6ieJuZ
taxreformer
Maryland Governor Martin O’Malley: Barack Obama, Jr. http://t.co/lzrcRtSj
taxreformer
EPA's War on Fossil Fuels http://t.co/gzORlViU
taxreformer
Less Waste, More Transparency in Government Broadband Loans http://t.co/RrWuq3O3
taxreformer
Check out @Union_Facts’ new #Crony2012 campaign exposing President Obama’s corrupt relationship with Big Labor http://t.co/5aDnKJUQ
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Tom Cross's Hope for Change to Obamacare http://t.co/Isu5I7kK
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RT @ChrisPrandoni: My new column exposing Obama's plan to kill coal via @townhallcom http://t.co/2fEqWUdU via
ChrisPrandoni
Blog: Tom Cross's hope for change to Obamacare - http://t.co/g6OFzp73 #atr ^
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ATR Urges North Carolina Legislators to Reject Anti-Free Enterprise Protectionism http://t.co/RIg4ejSB
taxreformer
ATR Releases 2012 List of State Taxpayer Protection Pledge Signers for May 22 Primaries http://t.co/maSodrTt
taxreformer
Candidate's proposal would raise taxes $737 per taxpayer, provide limited benefit
WASHINGTON , D.C. - Today, Teresa Heinz Kerry will visit Ohio to talk about healthcare. She will not, however, tell voters about the $50 billion in taxes that that would be raised on Ohio 's families over the next ten years to finance such an expensive liberal plan.
John Kerry has proposed a healthcare plan that would cost an estimated $1.5 trillion over the next ten years. Unfortunately, American taxpayers would be the ones forced to foot the bill for such increased spending. Americans for Tax Reform (ATR) estimates that Kerry will need to impose a tax hike of $737 per taxpayer in Ohio to pay for his plan; this amounts to more than $7,000 over the next decade.
"John Kerry wants to implement a bloated, government-run healthcare program and stick American taxpayers with the bill," said ATR President Grover Norquist . "Kerry asserts he would only raise taxes on the rich, but the fact is the middle class will have to pay for this big government boondoggle."
Despite the Kerry healthcare plan's massive price tag, most of the benefit would be wasted as nearly 60 percent of the plan's cost would go towards individuals that are already insured. Nationally, the average person would receive a benefit of $451 dollars, which is more than offset by the increased tax burden.
Ironically, while Kerry seeks to increase taxes on the "wealthy" to pay for his hefty spending proposals, John and Theresa Heinz Kerry, who comprise one the richest families in the world, pay less than the average middle class family in income taxes. Last year, John Kerry and his wife paid just 12% of their combined income in income taxes.
"Kerry claims the rich should pay more taxes, yet he and his billionaire wife can't cough up more than 12% of their own income," continued Norquist. "The fact is that billionaires like John Kerry can afford to find tax loopholes while honest, hardworking individuals must simply find a way to afford their taxes."