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| *Loan,banking and credit>>>business tax |
Is Bush's proposal for a health care tax break really a subsidy for business? |
Bush's proposal does nothing for the unemployed without health coverage. At first glance, it seems to make it advantageous for a worker to opt out of an employer health plan and get one on their own. Does this amount to a back door subsidy for business? If so, is it a good thing or a bad thing? True, this does nothing for the unemployed without health coverage. However, I don't see how it is a back door subsidy for businesses. Personally I would love for it to be financially practical for me to pick my own health coverage rather than rely on whatever group plan my employer decides to make available and be subject to it changing each year at the whim of those on the human resources department. The only subsidy involved here is that individuals like you and I can use pre-tax dollars to pay for health insurance. BRAVO!!!! Another item that President Bush mentioned is to encourage association based group plans. I am unsure of how he proposes to encourage this. However, what it would mean is that individuals can get group rates similar to those they get through an employer simply by being a member of a group or association. Once again BRAVO!!!! I am unsure of what to do about the unemployed. One idea would be to have a subsidized basic health coverage package that comes as a part of unemployment benefits. If you qualify for unemployment benefits you automatically qualify for the basic health package. As for indigents, I am unsure of how I feel about that. On the one hand I'm not for letting someone die outside of the door of a medical facility because they are indigent. On the other hand, our emergency rooms currently have a *huge* problem due to indigents using the facilities for basic health care. Clearly, it is not a perfect world. I think you are jumping to conclusions. The plan has not been fleshed out yet and so we cannot determine much of anything about it. The fleshing out will come not from the President but from congress. I would hesitate to judge it until I see the final version. Don't let Bush hatred color your judgment. I am interesting in seeing this type of approach to providing health care to Americans rather than becoming a Socialistic country in this regard. It hasn't worked in other countries because of poor management as well as abuse by those seeking "free" health care "stuff". Think Canada... these folks, the ones who can afford it, come to the United States for their health care. Why?... cause it's better! It' the same f-u-c-k you policy's as always. If you buy insurance through your employer you get a group rate, which is cheaper,now you get taxed for your break, if your employer pays your insurance you pay tax as though it's income, if you go buy your insrance, which if you have ever looked at the rates most familys can't afford you get a bu-l-ls-i-t tax break so when it's finished you got no break at all. Politicians once again taxing us to death and screaming LOOK AT THIS break you bunch of ignorant morons, we're rich and we don't have to care.Complain and we'll call you a terrorist and kill you. Actually, it also provides a personal deduction of $7,500 for individuals and $15,000 for families. And that is not limited to the amount of insurance you pay. So it is especially good for individuals, who will often save enough in taxes to pay for their coverage. It doesn't address everything, but it is a start towards making health care coverage more market oriented. Its a moot point though - Democrats will never push it through. They see health care as one of the pillars of their 2008 campaigns. It's ridiculous. Considering the people I've encountered without health insurance, none of them can afford to purchase it now - so the tax break thing means nothing to them. Bush is a monster, living in some kind of fantasy world of the rich & famous. |
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