Teejay32
<font color=green>Wanders off too much<br>
- Joined
- Jan 18, 2000
Candidate McCain's plan was to add the value of one's health benefits to their gross income, collect taxes on that gross income, and then offer a tax credit when filing income taxes. The tax credit was $5000 per family, $2500 individual.
you're right, my bad. I'll put it another way: McCain's plan would have resulted in a tax increase on higher-income, or better-compensated, employees. The accompanying tax credit would have offset the tax burden for a lot of people, and would have helped currently uninsured people to become insured. Secondary benefits were intended: providing an incentive to buy health insurance, shoring up private insurance markets and reducing our dependence on employer-sponsored plans.
The Democratic version, so far, will result in a tax increase on higher-income, or better-compensated, employees. That's it.
So a) they aren't really the same plans, and b)there is plenty of room for debate on whether or not McCain's idea was good, but besides all that: I'm a little confused by the refusal of some Democrats to consider either one of them. Those who get the most in benefits will pay more than others, isn't this a well-established idea?