McCain Health Plan Could Mean Higher Tax
By KEVIN SACK and MICHAEL COOPER
Published: May 1, 2008
ALLENTOWN, Pa. — Though Senator John McCain has promised to not raise taxes, his campaign acknowledged Wednesday that the health plan he outlined this week would have the effect of increasing tax payments for some workers, primarily those with high incomes and expensive health plans.
The campaign cannot yet project how many taxpayers might see their taxes go up, said Douglas Holtz-Eakin, Mr. McCain’s top domestic policy adviser. But Mr. Holtz-Eakin said in an interview that for some, Mr. McCain’s health care tax credits would not be large enough to compensate for his proposal to eliminate the tax breaks afforded to workers with employer-provided health benefits
http://www.nytimes.com/2008/05/01/us.../01mccain.html
Here is another source, more opinionated but still accurate:
McCain wants to Tax your Benefits; up to 20 million may lose company-paid healthcare
Posted on September 17th, 2008 by Dan Chmielewski
The McCain camp consistently and incorrectly talks up how Senator Obama will raise taxes on everyone making over $42,000 a year. That’s wrong of course, and in side-by-side comparisions of the Obama Tax Plan vs. McCain’s, the typical American benefits much more from the Obama Plan. Be sure to look at the chart in the WaPo story and see how it applies to you. Or jump to the next page to see the chart.
What the Arizona geezer hasn’t come out and said is that he plans to raise taxes too. While not calling it a Tax increase, the McCain plan would start taxing the value of your company-paid healthcare. And while the plans call for giving taxpayers a healthcare tax credit, experts says its not nearly enough to offset the higher tax and would diminish the value of shared healthcare plans as younger (healthier) workers opt out of the system leaving older (less healthly, more expensive) workers with less choice and more expensive plans delivering less service.
http://www.theliberaloc.com/2008/09/...id-healthcare/
All you repubican supporters, stop being so damn party loyal. They're fooling you into voting for them every time promising less government and no taxes which is not true. WHEN they DO tax you, it's for something that isn't productive to your life like unecessary wars being funded. Yeah keep spending money on that, just don't invest in early education for children or college or healthcare. Things that matter.
By KEVIN SACK and MICHAEL COOPER
Published: May 1, 2008
ALLENTOWN, Pa. — Though Senator John McCain has promised to not raise taxes, his campaign acknowledged Wednesday that the health plan he outlined this week would have the effect of increasing tax payments for some workers, primarily those with high incomes and expensive health plans.
The campaign cannot yet project how many taxpayers might see their taxes go up, said Douglas Holtz-Eakin, Mr. McCain’s top domestic policy adviser. But Mr. Holtz-Eakin said in an interview that for some, Mr. McCain’s health care tax credits would not be large enough to compensate for his proposal to eliminate the tax breaks afforded to workers with employer-provided health benefits
http://www.nytimes.com/2008/05/01/us.../01mccain.html
Here is another source, more opinionated but still accurate:
McCain wants to Tax your Benefits; up to 20 million may lose company-paid healthcare
Posted on September 17th, 2008 by Dan Chmielewski
The McCain camp consistently and incorrectly talks up how Senator Obama will raise taxes on everyone making over $42,000 a year. That’s wrong of course, and in side-by-side comparisions of the Obama Tax Plan vs. McCain’s, the typical American benefits much more from the Obama Plan. Be sure to look at the chart in the WaPo story and see how it applies to you. Or jump to the next page to see the chart.
What the Arizona geezer hasn’t come out and said is that he plans to raise taxes too. While not calling it a Tax increase, the McCain plan would start taxing the value of your company-paid healthcare. And while the plans call for giving taxpayers a healthcare tax credit, experts says its not nearly enough to offset the higher tax and would diminish the value of shared healthcare plans as younger (healthier) workers opt out of the system leaving older (less healthly, more expensive) workers with less choice and more expensive plans delivering less service.
http://www.theliberaloc.com/2008/09/...id-healthcare/
All you repubican supporters, stop being so damn party loyal. They're fooling you into voting for them every time promising less government and no taxes which is not true. WHEN they DO tax you, it's for something that isn't productive to your life like unecessary wars being funded. Yeah keep spending money on that, just don't invest in early education for children or college or healthcare. Things that matter.
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