Let's not even get into the nitty-gritty where his plan doesn't actually pay for healthcare for most people. Average healthcare plan people have today, $12K annum, not taxed if paid by employer. McCain's plan: Tax employer healthcare and then give you $5K from taxes you've already paid to pay for that $12K plan.[url=http://www.motherjones.com/kevin-drum/2008/09/healthcare_mccain_style.html wrote:Kevin Drum[/url]]If you get health insurance through your employer, as most Americans do, you don't pay taxes on it. Under McCain's plan you would.
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Except there's some fine print hidden where McCain hopes no one will see it: his tax credit increases each year only by the normal inflation rate. Your premiums are going to increase way faster — probably around 6-8% per year. That means your taxes are going to go up 6-8% per year too.
-Crissa

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