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McCain’s Health Care Tax Increase September 11, 2008

Posted by trouble97018 in Healthcare, McCain, News, Politics.
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Time/Swampland

Posted by Joe Klein

A new rule here: Rather than do the McCain campaign’s bidding by wasting space on Senator Honor’s daily lies and bilge–his constant attempts to divert attention from substantive issues–I’m going to assume that others will spend more than enough time on the sewage that Steve Schmidt is shoveling and, from now on, try to stick to the issues.

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. Source Article

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