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I wonder how many who support McCain have read and understood McCain's health care plan. How many of you have employer provided health care? If you do, you will now be taxed on that employer provided health insurance as income. Let's say that your employer pays the average of $12,000 for your insurance. Right now he can use that as a business expense on the company's taxes and that makes it possible for your employer to provide you this benefit.
Under McCain's plan, two things will change.
#1. Your employer can no longer use the money paid for your health insurance benefit as a tax deductible business expense.
#2. The $12,000 paid for that benefit will now be added to W2 as "Taxable Income." You won't get one penny more but you will be taxed on $12,000 more income.
John will allow you a $5,000 tax deduction to "offset" that. However, many families making $30,000 a year don't PAY $5,000 in taxes so that deduction will be of no use to them. AND, even if you do pay more than $5,000 in taxes, your deduction won't even pay for HALF of what it will cost you to purchase the insurance.
This enormous tax hike for the working family at the same time that he is giving the richest 1 % ANOTHER 30 billion dollar tax CUT.
Still think he is looking out for you?
It isn't bad enough that millions of Americans have no health insurance. He wants to be sure none but the richest have it now.
Few have any health care insurance now, on McCain's plan all will have health care that is affordable whether working full time, part time or not working at all it will be free in the private sector of physicians.
McCain's plan is a tax increase for many, effectively.
But you somehow think:
Quote:
McCain's plan all will have health care that is affordable whether working full time, part time or not working at all it will be free in the private sector of physicians.
This is the second thread with the exact same message by this individual. He or she simply put different thread titles on it. Not to mention that there is another thread on this subject by someone else, started earlier, where the issue is being discussed.
McCain's plan is a tax increase for many, effectively.
But you somehow think:
The tax is offset with credit, and the insurance left for each year is put into a health care account for each person to carry over when needed.
Only cadillac insurance for things like plastic surgery and hair transplants will cost more. See John McCain's health plan on his website. See Obama's has dwindled much.
The tax is offset with credit, and the insurance left for each year is put into a health care account for each person to carry over when needed.
Only cadillac insurance for things like plastic surgery and hair transplants will cost more. See John McCain's health plan on his website. See Obama's has dwindled much.
You seriously need to read McCain's plan if you believe this. You really have got it all wrong.
If your having trouble paying your house payment, putting food on the table for your family etc etc...and someone gives your $5000.00...would you go get yourself some health insurance? or would you suck it up for one more year, go with out and get ahead on some bills? Is this plan really going to insure people or is going to give 5 grand to people in hopes of getting insurance...
Oh and that 5000.00 is taxable too...
Just how much insurance will 5 grand get a family anyway? I know some people pay about 500.00 a month for a family...
If your having trouble paying your house payment, putting food on the table for your family etc etc...and someone gives your $5000.00...would you go get yourself some health insurance? or would you suck it up for one more year, go with out and get ahead on some bills? Is this plan really going to insure people or is going to give 5 grand to people in hopes of getting insurance...
Oh and that 5000.00 is taxable too...
He taxes the insurance provided by your employer. If your employer pays 12 thousand a year for your insurance, you will find the tax for that extra 12k taken out of every payroll check. At the same time your employer will lose the tax write off for that benefit so how long will you get it. But, assuming you still have it, you will be paying taxes on an additional 12k a year without an extra penny coming in BECAUSE, if you read the plan, that 5k he talks about as a credit goes DIRECTLY TO THE INSURANCE COMPANY not to you.
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