it moves, tax it. If it keeps moving, regulate it. And if it stops
moving, subsidize it.”
Despite California’s highest-in-the-nation taxes, a couple of
Assembly Republicans have allegedly agreed to vote for Gov. Jerry
Brown’s tax on health plans in the State of California.
Even if Brown is able to convince health insurers, he needs a
two-thirds majority vote from the Legislature. And this is where
Republican votes come in. Currently, Democrats do not have a
supermajority, and need to peel off a couple of Republican votes
for tax increases.
Predictably, Brown has been trying to convince Republicans his
health plan tax is really “tax reform.”
“This is not a tax increase, no matter what anyone tells you,”
he said during his State of the State address.
“It will be pretty easy to tell if this is a tax increase, or
some sort of revenue neutral swapping of one tax for another,” said
Jon Fleischman, publisher of the Flash… Read More