ON THE ONE HAND, THE DEMOCRATS WANT TO RAISE YOUR TAXES TO INCREMENTALLY BUILD A NATIONAL HEALTH SYSTEM. AP:
President Barack Obama is leaving the door open to taxing health care benefits, something he campaigned hard against while running for president, according to senators who met with him Tuesday.ON THE OTHER HAND, THE GOP PLAN WOULD GIVE THE TAX BENEFIT WHICH BUSINESSES CURRENTLY GET (AND HAVE GOTTEN SINCE FDR), TO INDIVIDUALS INSTEAD:
Senate Finance Committee Chairman Max Baucus, D-Mont., raised the issue with Obama during a private meeting with the president and other Democratic senators and later reported the president's position: "It's on the table. It's an option."
The White House said later that Obama did not want to go that route.
"The president made it clear during the campaign that he has serious concerns about taxing health care benefits," Obama spokesman Reid Cherlin said in a statement. "He stated again his belief that health reform can't wait another year, and that while all options should be considered, those options should include the revenue proposals that he included in his budget."
The federal government would reap about $250 billion a year if it treated health care benefits given to employees like wages and taxed them.
Baucus and others are eyeing that money as they search for ways to pay for a costly health care overhaul that would extend coverage to 50 million Americans who are now uninsured. That could cost some $1.5 trillion over 10 years.
Republican lawmakers stepped up their opposition to Democrats' plans for overhauling the nation's health-care system, introducing legislation on Wednesday that would give Americans tax credits to pay for health insurance.WHAT WOULD YOU RATHER HAVE, YOUR BENEFITS TAXED, OR YOUR HEALTH INSURANCE WITH A TAX CREDIT!?
... Called the Patients' Choice Act, it would eliminate the tax break that employers receive for providing health-insurance benefits to their workers. Instead, it would give an annual tax credit of $2,300 to each individual and $5,700 to each family that they could use to offset the cost of their health insurance. Low-income families would get extra money to buy into private insurance plans.
Rep. Paul Ryan (R., Wis.) said the system of employer-based coverage is becoming "a 21st century relic" as companies become less generous with benefits.
THE GOVERNMENT WILL RUN YOUR HEALTHCARE AS WELL AS THEY RAN FANNIE MAE AND THE SEC, OR AS THE GOP SAID:
The government would run a health plan "with the compassion of the IRS, the efficiency of the post office, and the incompetence of Katrina,"REMEMBER: PERSONAL EMPOWERMENT CREATES BETTER HEALTHCARE AND BETTER HEALTH INSURANCE - THROUGH MORE COMPETITON FOR YOUR MONEY.
REMEMBER: WE EACH SPEND OUR OWN MONEY MORE CAREFULLY THAN A BUREAUCRAT SPENDS OUR MONEY!
- NO LOBBYISTS, NO GOVERNMENT FRAUD.
- JUST THE CONTINUOUS IMPROVEMENT COMPETITION ALWAYS BRINGS.
THE CHOICE IS OURS.
WE STOPPED DUBAI PORTS, AMNESTY AND MIERS; WE CAN STOP OBAMACARE!