US Will Begin Taxing Canadians to Pay for New Health Care Costs

Democrats in the House and Senate announced today that they will begin taxing Canadians to pay for the skyrocketing cost of their new health care proposals.  The move will put a serious dent in Republican criticism about the cost of the health care overhauls.

“The Republicans have no room to criticize our spending now,” said Nancy Pelosi.  “By adding the Canadian tax base to existing domestic tax increases to pay for this massive proposal, we can now cover about 75% of the total cost of our plan.  We can pay for the other 25% by looking more closely for efficiencies, cutbacks and savings in existing expenses.”

The proposed Canadian tax would be 50% on individuals who make over $25,000 and 100% on any earnings over $50,000.  In return, Congress will allow Canadians to pay in gold.