As Women for John McCain, we're proud to support a candidate that understands the role of working class Americans, who must do their fair share to support the lifestyle we've become accustomed to - by giving up their paycheck tax exemptions on health care benefits, and potentially losing their health insurance altogether, while we enjoy Maverick™ Reform™ that gives the biggest proportion of tax breaks to those of us who make over $2.87 million per year.
According to our campaign's favorite source of information for television advertisements, FactCheck.org, McCain's plan could result in businesses dropping their health insurance plans altogether, or even "the end of employer-sponsored health care". There's no better way of making health care more affordable than by not paying for it at all - and that means more money in the pockets of heiresses like us!
Because when we're sitting at one of our kitchen tables, we shouldn't be forced to decide between that new private jet, a second luxury beachfront condo in the same building, that 300,000 dollar outfit that we'll only wear once, or a Mercedes Benz impulse purchase here and there.
Experts say a tax credit plan like [McCain's] would likely cause companies to reduce or eliminate health benefits for their employees.
Those with employer-sponsored coverage, however, also might want to know that under McCain's plan, they will pay taxes on the value of health care benefits they receive from their employers.
Those who would benefit most from McCain's tax credit are those who already buy their own private plans and don't receive tax benefits.
McCain’s plan to tax workers on the value of their employer-provided health care plans and provide tax credits would encourage some employers, mainly small businesses, to drop health benefits, say experts, and the proposal could eventually eliminate job-based insurance altogether.
Paul Fronstin, director of the health research and education program at the Employee Benefit Research Institute, a nonprofit organization that analyzes benefit programs, says a tax credit plan like McCain's likely would mean the end of employer-sponsored health care.
"[T]he proposal also provides incentives for younger, healthier workers to migrate to the individual market resulting in higher premiums for older, more chronically ill workers that continue to receive coverage through their employer." [FactCheck.org]
As the voice of America's next generation of multimillionaire debutante heiresses, Women for John McCain are proud to endorse John McCain's plan to put more money into our pockets, while providing working-class Americans with an innovative and character-building educational opportunity, as they gain valuable real-world experience navigating the free market on their own. And watching families without employer-sponsored health insurance, which typically spend over $ 12,000 to get it, try to figure out how to buy health insurance with a $5,000 allowance, should make for a jolly good laugh while we're sipping Ritz Sidecars around the pool!
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Crossposted at www.womenforjohnmccain.com. Know your place! McCain-Palin 2008!