Senate Bill Said To Amount To 10%+ Tax Hike On The Middle Class

October 14, 2009

Douglas Holtz-Eakin, former director of the Congressional Budget Office, in an op-ed for the Wall Street Journal, claims that Democrats' healthcare reform plans would result in marginal tax hikes on middle-class taxpayers of more that 10%. Holtz-Eakin says the Senate Finance Committee bill includes $400 billion in new taxes and that 90% of that total would be paid by taxpayers earning less than $200,000.