SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : A US National Health Care System?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TimF who wrote (5790)10/29/2008 12:23:12 AM
From: RMF  Read Replies (1) of 42652
 
If they compensate their employees with cash the corporations can deduct it as an expense.

If they compensate their employees with insurance that is also an expense and can be deducted.

The ONLY benefit I can see a corporation getting by providing insurance is the competitive advantage it gives them in recruiting the best employees.

That may be a big factor at Boeing or Microsoft or some other high tech firms, but I don't see why the average company that just needs people to work the factory line or pour coffee should have to worry about it.

For a GM or a Ford, they don't even make a profit, so the tax writeoff benefit doesn't even exist.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News