McCain's Health Care Tax Increase
- added September 12, 2008
- 5 responses
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- Moopak
- added this
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- related topics
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- News and Politics (45914)
- Barack Obama (5529)
- Election 2008 (5453)
- John McCain (3902)
- Health Care (517)
- Taxes (346)
- Health Insurance (76)
Today's issue: health insurance. John McCain wants to tax your employer-provided health care benefits. He wants to replace those benefits with an insufficient tax credit--$2500 for individuals and $5000 for families (the average cost per family for health insurance is $12000).
There is a positive, progressive tax aspect to this: wealthier people should have to pay for health insurance themselves, without tax breaks from the federal government.
But make no mistake: this plan will do little or nothing for those who do not have insurance now--unless they are young and healthy--and it may well hurt a fair number of workers, especially unionized workers, who get gold-plated benefits from their employers.
It will certainly do nothing for families with members who have pre-existing conditions or children with special needs--because it makes no provision to regulate the insurers, forcing them to cover all comers at "community" rates that don't discriminate against the people who need health insurance most.
It is amazing to me that Obama campaign has let things go this far without pointing out that McCain--who opposes the energy bill because it would increase taxes on oil companies--is actually proposing a tax increase on health care benefits for American workers. But that is precisely what the Senator from Arizona is doing.
(Joe Klein, TIME)
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Thanks. This is an important read.
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- MeganMcKenzie
- 3 months ago
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added to list of why I am not voting for McCain.
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Typical republican strategy:toss you out of your row boat and when you cry for a life saver to keep afloat trow you an anchor.That's compassionate conservative.
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- phoenixtoo
- 3 months ago
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It's republican BS ..... It won't do crap for those of making below poverty .... I still won't be able to afford health care .... getting some money back at tax time will not feed my babies in June ..... get it ..... dumb ass mccain ....
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- ks_kickapoo_woman
- 3 months ago
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Conservatism is a dismal failure, the proof is in your house equity, your bank accounts, your paycheck, it’s on Wallstreet, its on the shelves of your supermarket, its on the corner gas station, its in job and house lose, in the lack of health care, its on the streets and in the deserts of Iraq and Afghanistan.
Hes a millionaire- not self made, Washington insider- corporate monger, war pushing ungentleman like GOP
fear stroking littleman that sounds alot like who?
...yes sir you guessed it! George 'W" Bush!
