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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: Sam who wrote (120679)9/9/2009 11:45:21 AM
From: Paul Kern  Read Replies (1) | Respond to of 541958
 
Right, a guy who takes home 500/wk is gonna buy health insurance for himself and wait for a tax credit the next year. He won't even pay that much in taxes! Especially if he has a family.


And there are no standards specifying what cover he gets for how much so he's screwed no matter what.

But hey, it's good for the insurers and what's good for the insurers is good for country.



To: Sam who wrote (120679)9/9/2009 1:59:26 PM
From: Cogito  Respond to of 541958
 
>>Right, a guy who takes home 500/wk is gonna buy health insurance for himself and wait for a tax credit the next year. He won't even pay that much in taxes! Especially if he has a family.<<

Sam -

What I see happening here is this: People in Washington all know what they mean when they say "tax credit." It's not the same as a "tax deduction." It's an up-front payment. If you don't make enough money to pay taxes, you still get the credit. But average people who aren't tax accountants may not know that. So this whole idea of tax credits sounds a lot worse to most people than it is.

- Allen