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Politics : A US National Health Care System?
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To: Lane3 who wrote (4271)2/5/2008 10:36:10 AM
From: Peter Dierks  Read Replies (1) of 42652
 
All families covered by a private family health insurance policy, whether purchased on their own or through their employer, will pay no income or payroll taxes on their first $15,000 of compensation. All individuals covered by any single private health insurance policy will pay no income or payroll taxes on their first $7,500 of compensation.
> At the same time, health insurance would be considered taxable income. This is a change for those who now have health insurance through their jobs.

"what happens to individual tax deductions for insurance"?

It does not specify if this exclusion would apply to unearned income or only earned income. As you say, the devil is in the details.
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