The Baucus bill raising taxes; killing jobs
By Kevin “Coach” Collins
The Baucus bill will not only raise taxes, but it will kill jobs. Immediately upon its passage the necessary taxes will begin to hit our pay stubs. Large chunks of our salary will be confiscated to pay for illegal aliens and others who will suddenly have a legal claim to our wallets.
The provisions of this bill won’t be felt in our everyday lives until 2013 but the money to fund them will be collected now. This is a double edged sword for us and our enemies. While we will suffer from the higher taxes, those higher taxes will fire the country up against the Democrats next year. While the Democrats are getting flush with our money, using it to buy votes they will also be building the gallows they will swing from in 2010.
States will suffer greatly
The probable certain damage caused by the expansion mandated by the Baucus bill will be horrific. The Democrat Governor of Tennessee had this to say on the threat. “I can’t think of a worse time for this bill to be coming. I’d love to see it happen. But nobody’s going to put their state into bankruptcy or their education system in the tank for it.”
Note: Tennessee has all but bankrupted itself because of its own socialist adventure in “everything is free or next to nothing” state run health care.
States that go into bankruptcy and suffer the destruction of their school system will loose hundreds of thousands if not millions of jobs.
Another hidden budget breaking feature of the Baucus bill is the Stabenow Amendment which will force states to fund child welfare programs with money earmarked for their Medicaid system. This will kill healthcare jobs in every state and skyrocket layoffs and hard core unemployment for years to come.
In a solid unbreakable nexus these new mandates will certainly bring on higher taxes to pay for them. These taxes will kill jobs and do nothing to generate jobs or the kind of mind set needed for new job creation.
The Baucus bill has passed through its first committee. That’s the bad news. Nevertheless it did so with the help of only one Republican. That’s the good news. We have to support those who have supported and defended us in the Baucus Committee. Email, call and/or contact the other GOP members and let them know we are with them in this fight.
This day in history October 14
1773 – In a lead up to the American Revolution colonists burned tea laden British East India ships at Annapolis Maryland.
Comments on this or any other Collins Report essay can be sent to kcoachc “at” gmail.com