New York City,  Obamacare

Obamacare: Spreading The Wealth Around – Except in New York City

Obama 57 per cent NYC tax

So, who is going to pay for Obamacare, President Obama’s Universal health care scheme?

I guess the residents of New York City – for one of many.

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.

Hello, NEW Republican Governor of New York Rudy Giuiani and U.S. Senator George Pataki should Obamacare pass the Congress.

NYC Tax

Click for larger graphic


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