President Obama scored some huge Karma points with the nation’s largest union bosses on Thursday when he agreed to exempt union employees from the massive taxes soon to be imposed on private insurance plans as part of a desperate effort to fund his newest entitlement program, the government health care takeover. Mob bosses (excuse me) I mean union leaders from the AFL-CIO, SEIU, Change To Win, and various other groups representing teachers, government workers, electricians, and so on, were ecstatic to learn that they would not have to pay the whopping 40% excise tax soon to be imposed on private insurance plans worth $8,900/year for individuals or $24,000/year for families.
So where is the lesson to all would-be Presidential candidates? Obama, or more likely Rahm Emmanuel, came up with a genius scheme to continue massive union support for Democrats in future elections: This tax exemption, worth about 60 billion dollars, is designed to expire January 1st, 2018. In other words, if the unions want to keep this sweetheart deal going, they had better come out in force for the 2016 Democrat presidential candidate who will be presumably picking up where Obama left off.
Tens of millions of votes bought for 60 billion stolen dollars. Ladies and Gentlemen, this is corruption at its finest.
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