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PR: New Jersey Faces Massive Tax Increase if Gov. Christie Fails to Veto Health Care Exchange Act

May 07, 2012

New Jersey Faces Massive Tax Increase if Gov. Christie Fails to Veto Health Care Exchange Act

Consumers will bear brunt of surcharges, assessments on insurance carriers for non-compliance

LINK: AFP’s new Taxpayer Minute radio spot urging Gov. Christie to veto the Health Care Exchange Act

BOGOTA, NJ – Gov. Christie has only three days left to put a stop to a massive tax hike buried in the “New Jersey Health Benefit Exchange Act,” according to Americans for Prosperity, the state’s leading grassroots, free-market group.

According to language in the bill, the exchange will be “governed by a board of directors” which will be authorized to “apply a uniform surcharge to all qualified health benefits plans, and a uniform assessment on carriers that do not contract with the exchange” (Section 9, Part c).

“Gov. Christie has promised to hold the line on taxes but if he does not veto the Health Care Exchange Act this week, New Jerseyans will not only be facing a tax increase but a massive one at that,” said Americans for Prosperity state director Steve Lonegan. “The tax surcharges and assessments that will be levied on insurers for non-compliance will be passed right on to consumers through higher and higher premiums.

“The governor has already had more than 40 days to take a principled stand against the government health care takeover. While other Republican governors across the country have done so, including Rick Scott of Florida, Scott Walker in Wisconsin and Sam Brownback of Kansas, Gov. Christie has offered only smoke screens and equivocations.

“Gov. Christie is on the spot. He must act by this Thursday to not only stop this federal intrusion but to put a halt to a massive tax increase on every single New Jersey resident. The governor can no longer duck this issue and he cannot wait until the Supreme Court hands down its decision. D-Day is this Thursday and he must veto this bill or Obamacare will become even further entrenched as the law of the land in New Jersey.”

Americans for Prosperity has launched a new Taxpayer Minute radio spot urging citizens to tell Gov. Christie to veto the Health Care Exchange Act. To date, nearly 2,000 citizens have signed AFP’s petition letter to the governor and scores of others have called the governor’s office to make their voices heard on this seminal issue.

Americans for Prosperity (AFP) is a nationwide organization of citizen-leaders committed to advancing every individual’s right to economic freedom and opportunity. AFP believes reducing the size and intrusiveness of government is the best way to promote individual productivity and prosperity for all Americans. AFP educates and engages citizens to support restraining state and federal government growth and returning government to its constitutional limits. AFP is more than 2 million activists strong, with activists in all 50 states. AFP has 34 state chapters and affiliates. More than 85,000 Americans in all 50 states have made a financial contribution to AFP or AFP Foundation. For more information, visit www.americansforprosperity.org
Americans for Prosperity does not support or oppose candidates for public office.

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