Video of Senator Marco Rubio today on CNBC speaking about Pres. Obama’s enormous middle class tax increase:
Rubio: We Have Now Created An IRS Problem For Millions Of Americans
Senator Marco Rubio: “Well, first of all, let’s be clear. I think it is pretty telling that, for the Obama Administration, a victory is a middle class tax increase. And that’s what this is. Not me saying it, That is what the Supreme Court said today.
“It is important to realize that what the Supreme Court decides is not whether something is a good idea or not. What they decide is whether it’s constitutional. And the reason why they say this is constitutional is because this is a tax increase. So, for folks watching back home, here’s what this means. This now means that if you don’t buy health insurance, you are not in lawful compliance with law and the IRS can come after you and will come after you.
“We have now created an IRS problem for millions of Americans. Anyone who thinks that is good for economic growth is out of their minds.”
Rubio: Economic Reaction To A Tax Hike Will Be Negative
Senator Rubio: “Here’s the bottom line now. It is constitutional according to the Supreme Court because it is a tax increase. We have to live with the consequences of this now. There are a lot of things that are constitutional that happen to be bad ideas and this just joins the list. Because now millions of Americans will have an IRS problem beginning in 2014.
“We just came out with numbers today, less than 2 percent growth, an anemic economic growth. And you watch today the numbers on the market, you watch the economic reaction to that and it will be negative. People do not think this is good news. Creating an IRS problem for millions of Americans is not good news.”
Rubio: Obama Broke His Promise; This Is A Tax Increase
Senator Rubio: “This is a broken promise. Barack Obama said he would not be raising taxes on the middle class. This is exactly what this is. When he told George Stephanopoulos on ABC a few years ago that this was not a tax increase, he obviously didn’t know what he was talking about because his lawyers before the Supreme Court argued that it was a tax increase. And today the Supreme Court affirmed that.”
Rubio: ObamaCare Is Not The Right Approach
Senator Rubio: “We all want Americans to have more choices when it comes to health insurance. We’ve never denied, I don’t think anyone does, that we have a health insurance problem in America. But I don’t think you solve that problem by growing the debt, by taking choices away from people, by trying to force states to deficit spend in order to put people on their Medicaid rolls, and by turning the IRS into an enforcement mechanism for health insurance. That’s just not the right approach.”