...what? WHAT?
I've heard the plan is to tax people with "expensive" health care insurance and use the money for the uninsured.
edit to make more sense...
Kaylee: Can I? Zoe: Sure. He's out, though. Kaylee: He did this for me, once.
'Safe'
The Crying of Natter 49
Off-topic discussion. Wanna talk about corsets, duct tape, or physics? This is the place. Detailed discussion of any current-season TV must be whitefonted.
tommyrot - Jan 23, 2007 6:50:21 am PST #5176 of 10001
Sir, it's not an offence to let your cat eat your bacon. Okay? And we don't arrest cats, I'm very sorry.
Dana - Jan 23, 2007 6:52:30 am PST #5177 of 10001
I'm terrifically busy with my ennui.
edit to make more sense...
I applaud the effort, but I'm not sure that's possible.
I've heard the plan is to tax people with "expensive" health care insurance and use the money for the uninsured.
Congratulations! You're lucky enough to have good health insurance. Now screw you!
Gudanov - Jan 23, 2007 6:52:55 am PST #5178 of 10001
Coding and Sleeping
megan walker - Jan 23, 2007 6:54:53 am PST #5179 of 10001
"What kind of magical sunshine and lollipop world do you live in? Because you need to be medicated."-SFist
24: I was so hoping that Jack's father would be played by Donald Sutherland.
Daisy Jane - Jan 23, 2007 6:56:06 am PST #5180 of 10001
"This bar smells like kerosene and stripper tears."
Bush will put forth a plan to make health insurance taxable income
Because it's a "benefit" we "earn," right?
§ ita § - Jan 23, 2007 6:58:32 am PST #5181 of 10001
Well not canonically, no, but this is transformative fiction.
megan, me too!
Gudanov - Jan 23, 2007 6:59:52 am PST #5182 of 10001
Coding and Sleeping
I've heard the plan is to tax people with "expensive" health care insurance and use the money for the uninsured.
They also claim that the tax liability will drop for most people. It doesn't really add up. I guess they mean that health insurance will be taxable income but can be deducted as well. The problem with this is that it screws people who don't have very high income and don't own a house. They get their taxable income jacked up, but since they don't have very high state taxes or a house the deduction may still not be higher (or just a little higher) than the standard deduction.
If it isn't an itemized deduction, then I wouldn't have as much problem but I don't think will do much aside from making taxes more complicated.
Jessica - Jan 23, 2007 7:03:10 am PST #5183 of 10001
And then Ortus came and said "It's Ortin' time" and they all Orted off into the sunset
I guess they mean that health insurance will be taxable income but can be deducted as well.
The cost of "gold-plated" health insurance provided by your employer will be taxable income. Insurance costs paid out of pocket (if you're self-employed or unemployed) will be tax deductible.
Since my employer pays 100% of my health insurance, for my entire family, this could screw me in a really big way.
Zenkitty - Jan 23, 2007 7:06:04 am PST #5184 of 10001
Every now and then, I think I might actually be a little odd.
How are we defining "gold-plated"? Can out-of-pocket costs like deductibles be tax deductible? And also, um, Jessica, where do you work?
Bush hates me. My only comfort here is that this has no chance of passing. crosses fingers and prays to several deities
tommyrot - Jan 23, 2007 7:06:13 am PST #5185 of 10001
Sir, it's not an offence to let your cat eat your bacon. Okay? And we don't arrest cats, I'm very sorry.
This is odd... one of the reasons given for difficulty in implementing national health care in the US is that people with good insurance plans will believe they'll be worse-off with national health care, so they'll oppose it. But it seems this Bush plan will gather more opposition from the well-insured....