Remember to ask "Who profits?"


Congress considers taxing health insurance benefits
Officially, this is not yet a part of the Obama administration's plan.

Yet.

It was part of John McCain's platform though.

Since companies began offering group health insurance on a large scale during World War II, the value of that benefit has never been counted as income, reducing workers' taxable earnings by an average of $9,000 a year for family coverage.

In recent weeks, however, Sen. Max Baucus (D-Mont.), chairman of the tax-writing Finance Committee, has repeatedly advocated changing tax laws to include employer benefits, arguing that it makes sense to fund the health-care changes by sucking cash out of the existing system. Meanwhile, 13 other senators -- from both sides of the aisle -- have signed on to a plan for universal coverage that includes a tax on employer-provided benefits.

"I think it's extremely important from a credibility standpoint to show the American people that you're making savings in the enormous sums now being spent on health care before you go out and ask them for billions of dollars more," said Sen. Ron Wyden (D-Ore.), one of the sponsors of that proposal. "And I don't think I'm the only senator who feels that way."

<snip>

"Everybody's got to share together in the solution. And this might be one component to sharing," Baucus said in an interview. But "it's early," he said. All the tax proposals will be analyzed before his committee tackles the funding question in May.

Here's what I think the unofficial goal is. According to the politico elites, nothing you earn is yours.

No matter how hard you work, you won't get wages or any other benefits.

All your needs will be provided by an all compassionate state.

"From each according to his ability, to each according to his need."

Did you know the politicos are binding you to a Marxist plan?

Is this what you chose?

— NeoWayland

Posted: Mon - March 16, 2009 at 12:30 PM  Tag


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