A tax on the poor
In Trenton yesterday the debate continued regarding mandating that certain size employers provide health care coverage for their workers. According to the Ledger
The bill (S477) would require companies that have at least 1,000 employees in New Jersey to provide affordable health insurance coverage to them or pay a special surcharge to the state. It is aimed at companies whose employees and dependents end up qualifying for publicly subsidized health insurance programs like New Jersey FamilyCare.So by specifically targeting Wal-Mart, New Jersey will penalize all the poorer people that shop at Wal-Mart with higher prices that Wal-Mart is required to pass along.
Perhaps these politicians should focus on the real issues facing the state. Issues such as bankrupt Transportation, Pension and School Construction Funds or the rampant corruption and fraud that permeates all levels of state government or the run away property taxes we all face or the out of control state spending or the unconstitutional borrowing that the state is involved in.
posted by RBM @ 7:22 AM
2 comments
2 Comments:
True economics. If the government would just step back and allow the "invisible hand" of the market forces to do its work, the lower-income families would eventually benefit.
The politicians proposing these Wal-mart taxes are demagogues of the first order. It’s much easier to blame Wal-Mart for the state’s financial mess than to take responsibility and cut state spending. Instead they go from creating one problem to the next with impunity.
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