You don't need excellent hearing to know the presidential candidates are turning up the volume on the rhetoric machines.
Judged on soundbites describing the other candidate's health care plans, John McCain will deregulate the health insurance industry entirely, freeing mendacious insurers to...
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McCain's plan to tax health care benefits
Frank Manak
Thursday, October 09, 2008 at 12:57 PM
I have been unable to find another source (other than Obama's ads) that says McCain plans to tax employer-provided health care benefits. I do not find this mentioned on McCain's website. Could you tell be what your source is?
Also, I do not understand how McCain's $5,000 family tax credit ($2,500 for singles) would offset the tax on employer-provided health care. The government does not send a check to the person who gets the credit, but to the health care provider. But in this case, the healthcare provider has already been paid by the employer. How does the taxpayer get reimbursed? It seems to me he is still out the total amount he paid in taxes on his health benefits.
I have been unable to find another source (other than Obama's ads) that says McCain plans to tax employer-provided health care benefits. I do not find this mentioned on McCain's website. Could you tell be what your source is?
Also, I do not understand how McCain's $5,000 family tax credit ($2,500 for singles) would offset the tax on employer-provided health care. The government does not send a check to the person who gets the credit, but to the health care provider. But in this case, the healthcare provider has already been paid by the employer. How does the taxpayer get reimbursed? It seems to me he is still out the total amount he paid in taxes on his health benefits.