Screwed Cubed

clipped from www.qando.net Now one can only hope they’ll take as close a look at cap-and-trade. Anyway, FireDogLake discovers the following: An excise tax on high-end health insurance benefits is an extremely regressive tax on the middle class. Even though Ezra Klein claims this tax is progressive, it is not. It would raise relatively little money from the wealthy. It is true that the bottom 30% is unlikely to pay very much of the new excise tax, but ,by the same token, the top 0.1% will pay almost none of it either. This is the middle class tax of all middle class taxes. Many, many middle class people work for companies and corporations which offer health care plans that are above and beyond the average for such plans the Baucus bill has set. The so-called “Cadillac” policies are nothing more than those whose cost is above that average. In every way the middle class gets screwed.