Mephistopheles must be throwing snowballs. Bob Herbert has actually written a good column on Obamacare. No, really. Specifically, he shines a light on the deliberately deceptive cadillac tax:
The bill that passed the Senate with such fanfare on Christmas Eve would impose a confiscatory 40 percent excise tax … it’s a tax that in a few years will hammer millions of middle-class policyholders, forcing them to scale back their access to medical care.
Yep. And he exposes the fraudulent claim that this will only affect the wealthy:
Within six years, according to Congress’s Joint Committee on Taxation, the tax would reach a fifth of all households earning between $50,000 and $75,000 annually. Those families can hardly be considered very wealthy.
This will, in turn, herd millions onto government-approved plans, breaking another of President Obama’s campaign promises:
The tax on health benefits is being sold to the public dishonestly as something that will affect only the rich, and it makes a mockery of President Obama’s repeated pledge that if you like the health coverage you have now, you can keep it.
I don’t know what got into Herbert, but this is without any doubt the most accurate and honest health reform piece I have ever seen in the New York Times. Good for Bob.
[HT Meemo]
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