McCain to Tax Healthcare Benefits -- Watch Out for the LOLCano!

Discussion in 'Politics, Religion, Social Issues' started by bobber205, Sep 14, 2008.

  1. bobber205 macrumors 68020

    bobber205

    Joined:
    Nov 15, 2005
    Location:
    Oregon
    #1
  2. shu82 macrumors 6502a

    shu82

    Joined:
    Jan 10, 2007
    Location:
    Rocket City, AL
    #2
    I think its a great idea. When you take the plan as a whole, the middle class tax reduction will offset this. I have insurance though my company. Even if they are not offset with tax breaks its still a good idea. My 12k/yr plan will cost me @ 20% taxes an extra 2400/yr. And since I have a employer plan, I get the $5000 in cash. Netting me $2600 cash in my pocket.

    People who don't have employer insurance will be able to buy a great medicaid add-on. Or those in the middle, between middle class and Medicaid, will be able to afford a good (catastrophic) hospital plan to keep them out of bankruptcy, with enough left over for a HSA cushion.
     

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