Daily Archives: October 4, 2008


Taxing health insurance benefits 2

If Americans are dumb enough to vote for John McCain, they deserve to lose their health insurance. This is not the kind of maverick thinking we need. He wants to tax employer provided health care benefits as income. And then he wants to provide a $5,000 tax credit toward buying your own insurance. That’s money that will go straight to the insurance company and insurance for a family costs an average of $12,000.