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Obama's Tax Flip-Flop On Health Benefits
IBD Editorial ^ | July 10, 2009 | MICHAEL D. TANNER

Posted on 07/10/2009 7:02:23 PM PDT by Kaslin

The campaign ad was ominous: "John McCain would make you pay income tax on your health insurance benefits. Taxing health benefits for the first time ever."

So warned candidate Barack Obama less than a year ago. In ads and speeches, Obama went on to predict the horrific fallout of McCain's proposal: financial hardship and millions dumped from employer-provided health plans.

Today, spokesmen for President Obama are saying a tax on employer-provided health benefits wouldn't be such a bad thing after all.

Roughly 163 million Americans receive health insurance through their employer. While actually a form of compensation, the value of the employer's contribution to that insurance is not taxed under the federal income or payroll taxes.

This exclusion is a solidly middle-class tax benefit. More than 70% of middle-income, nonelderly Americans have employer-based health coverage. And about half of people with employer-based coverage have family income of less than $75,000.

Now, in a desperate search for $1 trillion to $2 trillion to pay for Obama's medical insurance reform plan, congressional Democrats are considering proposals to limit or repeal this tax exclusion. And the Obama administration says it may go along.

(Excerpt) Read more at ibdeditorials.com ...


TOPICS: Culture/Society; Editorial
KEYWORDS: bho44; bhohealthcare; bhotaxincrease; brokenpromises
There is nothing wrong with universal health care if the right one is implemented. Why has no one ever checked out the German health care system, which is the oldest in the world; it dates back to Otto von Bismark's Health Insurance Act of 1883, or something around that and is the most successful
1 posted on 07/10/2009 7:02:23 PM PDT by Kaslin
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To: bareford101; BerniesFriend; blaveda; Bookwoman; FrdmLvr; GOP_Lady; HoosierHawk; JDoutrider; KoRn; ..
Ping
2 posted on 07/10/2009 7:03:24 PM PDT by Kaslin (Acronym for 0bama: One Big Ass Mistake America)
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To: Kaslin

TELL BARACK HUSSEIN OBAMA THAT HE IS FULL OF IT!

3 posted on 07/10/2009 7:06:17 PM PDT by Jeff Head (Freedom is not free...never has been, never will be. (www.dragonsfuryseries.com))
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To: Kaslin

How about a Readers Digest version of what makes the German health care system so great....

A Kaslin editorial.


4 posted on 07/10/2009 7:07:47 PM PDT by Eric Blair 2084 (Alcohol, Tobacco and Firearms shouldn't be a federal agency...it should be a convenience store.)
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To: Eric Blair 2084

All based on your ability to pay.

But private insurance is still available I think.

In Australia, it’s similar components but more like 25% also have private insurance. In Australia, if you don’t have private insurance, you ain’t gettin’ in any time soon. Period.

But for those who choose to pay for private insurance, it’s great if expensive.


5 posted on 07/10/2009 7:14:33 PM PDT by Principled (Get the capital back! NRST!)
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To: Kaslin

‘O’Bozo died and health freedom died.


6 posted on 07/10/2009 7:29:43 PM PDT by SandRat (Duty, Honor, Country! What else needs said?)
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To: Principled

Sort of like the sliding scale that attorneys use based on your ability to pay?


7 posted on 07/10/2009 7:39:51 PM PDT by Eric Blair 2084 (Alcohol, Tobacco and Firearms shouldn't be a federal agency...it should be a convenience store.)
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To: Eric Blair 2084

Sort of like income tax brackets I suppose.


8 posted on 07/10/2009 7:42:37 PM PDT by Principled (Get the capital back! NRST!)
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To: Eric Blair 2084
Check this out.

Health Care: An International Comparison

Countries with governments and economies similar to the United States have come up with a variety of methods to make sure that all of their citizens receive health care. While residents in Europe and Japan may pay higher insurance premiums or taxes than Americans, in the end, when all costs are added up, Americans spend more money on health care per person — with fewer people covered. Compare countries. (Data most recent available as of July 2008.)

Germany

Population: 82.3 million

Life expectancy at birth: 79

Health spending as part of GDP: 10.7%

System type: Universal coverage. Mostly employer-employee based (88%).

Coverage: 99.8 % -- all citizens and legal residents

Average annual per-person spending: Total: $3,673 Breakdown: $2,518 on mandatory employment-based coverage, nonprofit insurance; $259 on for-profit insurance; $349 by government; and $547 consumer out-of-pocket*.

Financing: Workers split premiums with employers, with each paying about 8% of workers' gross income to nonprofit "sickness funds." Those earning over $75,000 may purchase insurance from for-profit insurers.

Notable features: Comprehensive coverage including basic dental and long-term care. Short waits - usually less than a month - for elective surgery. New programs provide extra attention to diabetes and other chronic illnesses.

Biggest challenges: Large and growing aged population, high costs, high rate of specialist visits.

Prescription drug coverage: Full coverage with small copayments. Federal panel controls prices and an expert committee decides which new treatments should be covered.

Doctors: Regional groups of office-based doctors negotiate with insurers over annual budgets. Hospital-based doctors, including most specialists, are salaried.

Hospitals: Insurers negotiate with hospitals over annual budgets.

* Payments borne directly by a patient, separate from insurance fees.

Also check this out

Most Patients Happy With German Health Care

Needless to say is that I speak from personal experience as I was born and raised in Germany

9 posted on 07/10/2009 7:43:47 PM PDT by Kaslin (Acronym for 0bama: One Big Ass Mistake America)
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To: Kaslin

“all citizens and legal residents”

That trashes the dim plan.


10 posted on 07/10/2009 7:52:33 PM PDT by Vinnie (You're Nobody 'Til Somebody Jihads You)
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To: SandRat

You meant ‘O’bozo lied and health freedom died, don’t you?


11 posted on 07/10/2009 8:48:26 PM PDT by Kaslin (Acronym for 0bama: One Big Ass Mistake America)
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To: Kaslin

Yup!


12 posted on 07/10/2009 8:51:19 PM PDT by SandRat (Duty, Honor, Country! What else needs said?)
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To: Kaslin
OK, it's time to can the juvenile "flip flop" nonsense and call it like it is.

Obama lied, Obama lies, he didn't "flip flop" and he doesn'T "flip flop".

He lied, He lies, he's a liar...and a fraud, period.

If you want to see them jump up and down screaming call him what he is, a liar.

"Bush lied people died"?...Obama flip flopped?...*YAWN!*

13 posted on 07/10/2009 10:54:29 PM PDT by lewislynn (What does the global warming movement and the Fairtax movement have in common? Disinformation)
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To: Kaslin
Why has no one ever checked out the German health care system, which is the oldest in the world; it dates back to Otto von Bismark's Health Insurance Act of 1883, or something around that and is the most successful
You answered your own question.
14 posted on 07/10/2009 10:57:46 PM PDT by lewislynn (What does the global warming movement and the Fairtax movement have in common? Disinformation)
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To: Kaslin

“Otto von Bismark’s Health Insurance Act of 1883, or something around that and is the most successful “

Would this be akin to rate the most successful Edsel model.


15 posted on 07/11/2009 8:04:45 AM PDT by dozer7 (Love many, trust few and always paddle your own canoe)
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To: lewislynn

President Bush did not lie. 0bama is a liberal. Lying comes natural to them. It’s as simple as that. He also is a charlatan and people who fell for him are stupid


16 posted on 07/11/2009 11:33:10 AM PDT by Kaslin (Acronym for 0bama: One Big Ass Mistake America)
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To: dozer7
Would this be akin to rate the most successful Edsel model.

Can you ask any more ignorant question? *rme*

17 posted on 07/11/2009 11:36:05 AM PDT by Kaslin (Acronym for 0bama: One Big Ass Mistake America)
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