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MOSLER'S LAW: There is no financial crisis so deep that a sufficiently large tax cut or spending increase cannot deal with it.

Health care

Posted by WARREN MOSLER on March 19th, 2010

Looks like bad macro- various taxes kick in right away while increased expenses start a few years later.

It’s completely backwards for this point in the business cycle.

Health-Care Bill Would Increase Taxes On Wages, Investments

March 19 (Bloomberg) — High-income families would be hit with a tax increase on wages and a new levy on investments under President Barack Obama’s health care overhaul bill.

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