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Showing posts with the label Assembly Bill 5

Fox and Hounds After Us

Joel Fox is editor of the website Fox and Hounds, and is president of the Small Business Action Committee. Fox is trying to tell workers who work for minimum wage that their hard fought win for the $15 an hour minimum wage will be hit by a 15 percent tax for single-payer healthcare if Senate Bill 562 passes in California. There will be a kind of payroll tax, like the FICA (Federal Insurance Contributions Act) that pays for Social Security and Medicare, but there is already a payroll tax and if you take the current cost of healthcare it could be a rub. This is just a scare tactic to keep single-payer healthcare from getting passed. The Fox and Hounds’ Small Business Action Committee is also trying to beat back the free college education bill, Assembly Bill 1356, which would be paid for by raising the corporation top income tax rate 1-percentage point. This is just the start of the rich vs the poor, but the poor must wake up and understand what is happening to them. We now have a Righ...