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To: Freedom'sWorthIt

Right now - and he didn't discuss this in the speech - the idea as I understand it is to make health insurance benefits over $15,000 a year paid for by an employer a taxable benefit, while offering this tax deduction.

The goal isn't to "raise taxes" - the goal is to get people to buy their insurance on the private market. The whole present system was set up to incent people into giant insurance pools, which raises costs and, ultimately, would make the implementation of socialized medicine a lot easier.


852 posted on 01/23/2007 6:33:00 PM PST by furquhart (Time for a New Crusade - Deus lo Volt!)
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To: furquhart

Thank you for this helpful explanation - but I need to know more about it. Thank you again.


914 posted on 01/23/2007 6:35:31 PM PST by Freedom'sWorthIt
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To: furquhart

Some of the details here are hazy. I understand this is in its infancy (and Democrats will probably oppose it automatically. If my employer paid me directly what they pay for my healthcare, I would jump instantly at such a deduction.


929 posted on 01/23/2007 6:36:05 PM PST by flintsilver7
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