It was actually a good idea. Each person would get a $5,000 tax credit which would more than pay for healthcare if that person stayed with his/her employer plan or opted out. Even Cato said it was a good idea.
>> It was actually a good idea. Each person would get a $5,000 tax credit which would more than pay for healthcare if that person stayed with his/her employer plan or opted out.
At my old job, health insurance was $800 per month. My employer paid the whole tab. 12 x $800 = $9600 per year.
You’re saying that McCain would TAX that $9600 benefit but give me back a $5000 tax credit. That would be better for me just how?
Furthermore, I am self employed now; I have a high deductible health care policy and can contribute the full amount of the the deductible ($5000) tax free. The balance can grow tax free. McCain would TAX that amount but then give it back to me at is face value; however the growth on the balance would be taxible, and there would be no greater deduction on the premiums than I have now. Please clarify for me how that’s a better deal.
I’m still looking for the paragraph in the Constitution (the “general welfare” clause isn’t it) or the amendment that makes it OK for the government to take my hard earned wages and give it to someone else for their health care.
It is nationalized health care. We don’t need it. If you want this type of sh** I would suggest you move to Canada, although I think they will have enough of theirs soon and kick it to the curb, if they can elect enough conservative leaders.