DEM HEALTH RX A POI$ON PILL IN NY
TERRIFYING 57% TAX LOOMS FOR BIGGEST EARNERS:
“Congressional plans to fund a massive health-care overhaul could have a job-killing effect on New York, creating a tax rate of nearly 60 percent for the state’s top earners and possibly pressuring small-business owners to shed workers.”
“New York’s top income bracket could reach as high as 57 percent — rates not seen in three decades — to pay for the massive health coverage proposed by House Democrats this week.”
