Tuesday, September 16, 2008

John McCain will raise YOUR taxes

If you are lucky enough to have a job that pays for part or all of your health insurance, then your taxes will go up under John McCain's health plan (a.k.a., the private insurance company protection act of 2009).
Keeping it simple in today's Bob Herbert column in the Times, "McCain's Radical Agenda" :

" ... the McCain health plan would treat employer-paid health benefits as income that employees would have to pay taxes on.
“It means your employer is going to have to make an estimate on how much the employer is paying for health insurance on your behalf, and you are going to have to pay taxes on that money,” said Sherry Glied, an economist who chairs the Department of Health Policy and Management at Columbia University’s Mailman School of Public Health.
Ms. Glied is one of the four scholars who have just completed an independent joint study of the plan. Their findings are being published on the Web site of the policy journal, Health Affairs. "


"Why?" you might ask. The same blind and stubborn ideological faith in "markets" and morbid fear of "socialized" anything that has done so much economic damage over the last eight years leads him to believe that we'd be better off shopping for our own health insurance (as if dealing with the annual choice of four or five progressively less-attractive insurance plans at work is anything less than hellish as it is). But let's not cloud the issue by asking "Why?" Let's put it in the type of bullet points the electorate seems to understand.

  • JOHN McCAIN WILL RAISE YOUR TAXES IF YOU WORK FOR A LIVING.
  • PRESIDENT OBAMA WILL NOT RAISE YOUR TAXES UNLESS YOU MAKE OVER 250K/YEAR.

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