GOPwinger Lies/Distortions/Omissions/Perversions of Truth Message Board

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Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth

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To: J_F_Shepard who wrote (140419)	10/7/2008 2:34:58 PM
From: geode00	1 Recommendation Read Replies (1) of 173976

As I understand it, it's up to $5K and it's an offset for a tax hit on your employer-paid health insurance. That averages something like $12K per family. McCain's new tax bill to your family: $12K McCain's offset tax credit: $5K Your net taxable 'income' under McCain: $7K No additional benefits, just additional taxes for the average American family. I guess corporations can just increase wages to offset additional costs...or not. He expects this to be the beginning of the end of employer paid health insurance because there is now a big incentive to go into the individual health insurance market (I've heard that only about 9% of American buy individual coverage today) and see if you can get a better deal. IMO, this works towards the nationalization of health care. People will find that they are uninsurable or that their premiums are huge. That will set up the national outcry for nationalized health care. If I understand this correctly, I have no problem with McCain's idea because I think it will backfire and give us what we must have: nationalized health care. :)

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