Bush to tax health insurance
Snafturi
23-01-2007, 00:05
So here's the president's new plan to bring healthcare to the uninsured (http://www.dfw.com/mld/dfw/news/16513010.htm).
I want to know how this will help or solve anything.
Farnhamia
23-01-2007, 00:12
So here's the president's new plan to bring healthcare to the uninsured (http://www.dfw.com/mld/dfw/news/16513010.htm).
I want to know how this will help or solve anything.
It will upset people who might otherwise have gotten upset about Iraq, or warrantless domestic spying or signing statements. I believe this is known as a smoke-screen, behind which he can scurry away.
Dempublicents1
23-01-2007, 00:13
Are there no limits to the idiocy this man puts out? Most people who have employer-funded health insurance don't have very cushy plans. And they can only afford the health insurance in the first place because their employer offers it.
And, unless we're talking about a gigantic tax break for those who buy their own, there's pretty much no incentive. Those who don't have health insurance generally aren't going without because they want to, it's because they can't freaking afford it. Even a health insurance plan that covers only major accidents with huge deductibles will run at least $1000/year. Guess what? If you're struggling to put food on the table, insurance that will only even cover you if you have a catastrophic accident probably isn't in the cards.
On the other hand, through an employer plan, my fiance pays roughly $50 a month (with his company paying something or other) and gets much better coverage - you know - actual coverage.
The Psyker
23-01-2007, 00:19
Are there no limits to the idiocy this man puts out? Most people who have employer-funded health insurance don't have very cushy plans. And they can only afford the health insurance in the first place because their employer offers it.
And, unless we're talking about a gigantic tax break for those who buy their own, there's pretty much no incentive. Those who don't have health insurance generally aren't going without because they want to, it's because they can't freaking afford it. Even a health insurance plan that covers only major accidents with huge deductibles will run at least $1000/year. Guess what? If you're struggling to put food on the table, insurance that will only even cover you if you have a catastrophic accident probably isn't in the cards.
On the other hand, through an employer plan, my fiance pays roughly $50 a month (with his company paying something or other) and gets much better coverage - you know - actual coverage.Frankly it seems like its trying to punish those employers that haven't kicked their employee health care to the curb and reward those who do, well and those individuales who can already aford coverage.
Snafturi
23-01-2007, 00:27
I wonder how I will ever be able to afford my $5,000 deductible, let alone how I would pay taxes on my "Cadillac" health insurance.
Heaven forbid an initiative is passed that would cap healthcare premiums... That would be crazy, who could that possibly help?
Farnhamia
23-01-2007, 00:34
I wonder how I will ever be able to afford my $5,000 deductible, let alone how I would pay taxes on my "Cadillac" health insurance.
Heaven forbid an initiative is passed that would cap healthcare premiums... That would be crazy, who could that possibly help?
If a bill gets drafted, someone better read it really carefully to make sure it doesn't have a little clause that exempts the highest earning individuals from paying any taxes at all and gives them everyone else's property, or something. Bush proposing anything that involves rasing taxes or installing a new one? He must be a Democrat!
Desperate Measures
23-01-2007, 00:52
Arghhhh!
http://bokertov.typepad.com/btb/images/charlie_brown_lucy_football.jpg
(I'm Charlie and Bush is Lucy, in case, you know, there is any confusion)
Bubabalu
23-01-2007, 01:13
I guess that I am lucky. AS a county government employee, the county provides very good health insurance to me and my family (with a payment for family plan). I guess that is the governments way to make up for the crappy pay.
However, I remember a certain President, whose initials are Bill Clinton, wanted to impose a payroll tax on fringe benefits. If his plan would have passed, I and the res of all employees in the US would have paid taxes on vacation time, sick leave, holiday pay, insurance (health and dental), petty leave, basically the complete employee benefit package. Now considering that employee benefits averages about one third of your salary. Which means, your employer is paying about 1/3 of your pay to provide you with benefits, including the employer portion of social security. So, under his failed (whew) plan, my salary would have gone up by 1/3, without an extra take home dollar.
Bottom line is, we all have to watch it very carefully. I have seen in my 45 + years, that whomever is up there in DC only looks at some way to raise our taxes. It may be time for us in the US to look for another option other than dems and reps.
Vic
Smunkeeville
23-01-2007, 01:33
I really hope that someone stops this........it's insane.
Anti-Social Darwinism
23-01-2007, 04:22
I see. He wants to tax money we don't get and don't use. As a retired person who "gets" health insurance from my former employer (I pay $95.00 a month for piss-poor Blue Cross coverage, but it's better than nothing at all), I would have to pay taxes on this coverage out of a fixed income. The people who are getting insurance from their employers are expected to pay a monthly premium as well as paying a deductible or share of cost for office visits, prescriptions, hospital stays etc. Now they're expected to pay taxes on it, too.
Bush is an idiot.
Ashlyynn
23-01-2007, 04:31
I guess that I am lucky. AS a county government employee, the county provides very good health insurance to me and my family (with a payment for family plan). I guess that is the governments way to make up for the crappy pay.
However, I remember a certain President, whose initials are Bill Clinton, wanted to impose a payroll tax on fringe benefits. If his plan would have passed, I and the res of all employees in the US would have paid taxes on vacation time, sick leave, holiday pay, insurance (health and dental), petty leave, basically the complete employee benefit package. Now considering that employee benefits averages about one third of your salary. Which means, your employer is paying about 1/3 of your pay to provide you with benefits, including the employer portion of social security. So, under his failed (whew) plan, my salary would have gone up by 1/3, without an extra take home dollar.
Bottom line is, we all have to watch it very carefully. I have seen in my 45 + years, that whomever is up there in DC only looks at some way to raise our taxes. It may be time for us in the US to look for another option other than dems and reps.
Vic
I have been advocateing someone other then dems and reps for years....the sad thing is there is no one else. Too many people do not realize there is no diff between the two major parties......they are all the same with a different name.
And I sadly thiink people are too lazy in our coutry to do something about it because it means actually going out and checking things out for themselves and maybe haveing to figure things out as they go.
Ashlyynn
23-01-2007, 04:40
Call me silly but reading the "how it works" part at the end it says that tax would only start if you pay more then 15,000 a year for your health care coverage........so if any of you on here who are compaining about how you will be taxed ....what the hell kind of job do you have that you can afford to pay more then 15,000 a year in premiums? Just asking maybe, I am in the wrong program in college.
I think a lot of anti bushers are complaining just because it as a bush idea.... and since I think about as much of him as I did of bill clinton I do not jump to conclusions when his name is mentioned. So if anyone read the end paragraph different from me please tell me how you interrupted the last paragraph?
Trotskylvania
23-01-2007, 04:51
So here's the president's new plan to bring healthcare to the uninsured (http://www.dfw.com/mld/dfw/news/16513010.htm).
I want to know how this will help or solve anything.
Wow, he's going to metaphorically curb stomp health care in the US.
Thank you, American History X.
Dempublicents1
23-01-2007, 06:24
Call me silly but reading the "how it works" part at the end it says that tax would only start if you pay more then 15,000 a year for your health care coverage........so if any of you on here who are compaining about how you will be taxed ....what the hell kind of job do you have that you can afford to pay more then 15,000 a year in premiums? Just asking maybe, I am in the wrong program in college.
I think a lot of anti bushers are complaining just because it as a bush idea.... and since I think about as much of him as I did of bill clinton I do not jump to conclusions when his name is mentioned. So if anyone read the end paragraph different from me please tell me how you interrupted the last paragraph?
The article is unclear. It starts by saying that the benefits cannot surpass a specific amount, and then switches to calling it "cost."
Considering the fact that very, very, very few people pay such an amount for insurance at all, I'm guessing that the article meant to discuss insurance benefits. And those amounts are absolutely nothing when it comes to benefits. My fiance had a fairly minor groin injury that racked up $3500 worth of medical bills - more if he has to go back - and that's with no surgery or medication.
Terrorist Cakes
23-01-2007, 06:28
That's....ironic.
I actually almost hope this passes...
...I've been looking into buying health insurance, and that $7500 deduction would go a long way towards ensuring I can afford to pay for college next year.
Meh...I'm sure it won't pass.
Lunatic Goofballs
23-01-2007, 08:03
Call me silly but reading the "how it works" part at the end it says that tax would only start if you pay more then 15,000 a year for your health care coverage........so if any of you on here who are compaining about how you will be taxed ....what the hell kind of job do you have that you can afford to pay more then 15,000 a year in premiums? Just asking maybe, I am in the wrong program in college.
I think a lot of anti bushers are complaining just because it as a bush idea.... and since I think about as much of him as I did of bill clinton I do not jump to conclusions when his name is mentioned. So if anyone read the end paragraph different from me please tell me how you interrupted the last paragraph?
The $15,000 cap doesn't refer to the price you pay, it refers to the price of the plan. Let me elaborate: My insurance is almost entirely paid for by my employer. My cost is a measly $15 per week(about $65 a month). But, my insurance plan COSTS $380 per month. The $315 per month I don't pay are paid by my employer who calls it a 'benefit', sends me a nice letter every year showing what my job ACTUALLY pays factoring all my benefits and they probably take a healthy tax deduction for covering their workers so completely.
Now, according to this, if the COST of my plan is over $15,000 total, I will be taxed on the excess cost of the plan. Not my employer, who is probably getting a tax break!. :mad:
Christmahanikwanzikah
23-01-2007, 08:30
Honestly, if Dubya dropped a bill that would tax the rich to feed the impoverished everyone would take a big shit on it...
UnHoly Smite
23-01-2007, 08:33
who cares? The dems will block him anyway. Stop your crying.
Lunatic Goofballs
23-01-2007, 08:36
Honestly, if Dubya dropped a bill that would tax the rich to feed the impoverished everyone would take a big shit on it...
Well, that's exactly what this does. Who the hell can afford over $15,000 in family health insurance, even assuming they get a deduction at the end of the year? The rich. The poor rely on employer contributions. So the poor will be taxed for being fortunate enough to find a decent employer with decent medical benefits and the well off will buy exorbitant plans ala carte and get a free $15,000 write-off. Courtesy of the poor.
Lunatic Goofballs
23-01-2007, 08:49
I think the idea is to get people to stop getting their insurance through their employer, so that buisnesses shoulder less of the burden of rising health care costs.
Then of course, there is the question of how the fuck do you pay for it if people actually buy into the idea.
Stupid really...
Who has $1250 per month or more to spare each month? Even with a tax write-off?
Well, that's exactly what this does. Who the hell can afford over $15,000 in family health insurance, even assuming they get a deduction at the end of the year? The rich. The poor rely on employer contributions. So the poor will be taxed for being fortunate enough to find a decent employer with decent medical benefits and the well off will buy exorbitant plans ala carte and get a free $15,000 write-off. Courtesy of the poor.
I think the idea is to get people to stop getting their insurance through their employer, so that buisnesses shoulder less of the burden of rising health care costs.
Then of course, there is the question of how the fuck do you pay for it if people actually buy into the idea.
Stupid really...
Who has $1250 per month or more to spare each month? Even with a tax write-off?
I'm afraid I don't know where you got that dollar amount from. :confused:
EDIT: Time warp!!
Lunatic Goofballs
23-01-2007, 09:03
I'm afraid I don't know where you got that dollar amount from. :confused:
EDIT: Time warp!!
$15,000 per year divided by 12 months. http://www.clicksmilies.com/s1106/aetsch/cheeky-smiley-025.gif
UnHoly Smite
23-01-2007, 09:04
Who has $1250 per month or more to spare each month? Even with a tax write-off?
Plenty really. I'll give you a list..
DONALD TRUMP
BILL GATES
WARREN BUFFET
PAUL ALLEN
VINCE MCMAHON
KENNETH THOMSON
MICHAEL DELL
And that is just a short list. ;)