So the Steelworkers union gets it, so why don't the American people?
http://www.pww.org/...
The Steelworkers union has flat out said that McCain's plan "would raise taxes on workers in an effort to eviscerate the current health care system in the name of free market idolatry."
Why do the American people not get this? McCain wants to raise taxes. Raise them. And if he succeeds with his free-market concept, millions more people would go without health insurance each year. Oh, and McCain says that he will be happy to make sure that the insurance companies don't discriminate against people with pre-existing conditions, but he hasn't said specifically how he would do that.
Even more interesting is the Kaiser Foundation's analysis McCain's proposed tax credit...
he Kaiser Family Foundation recently completed a breakdown of how the McCain plan would impact the typical worker:
"In 2007, for a family the average total premium for a health care plan was $12,106, with $8,824 paid by the employer. Let’s say the McCain plan is enacted. What would happen to that average family if the employer continued to provide coverage (Scenario 1)? For a married couple filing jointly with income $63K-138K, the marginal tax rate is 25 percent. So they would face a tax increase of $2,406 (25 percent of $8,824.)
"But of course the intent of the McCain plan is to kill the employer-provided system. So let’s say the McCain program is adopted and your employer drops your family’s coverage (Scenario 2). What would happen? You would now have to foot the complete $12,106 bill for coverage, an $8,825 increase over the employee-portion you’re currently paying. This would be offset by a $5,000 tax credit. So net, you would end up paying $3,325 ($8,825 minus $5,000) more for your health care."
So basically for all McCain's talk about tax cuts, he actually wants to increase taxes on families making less than 140K by over 2K. If they get to keep their employee sponsored healthcare benefits. I don't know about you, but with no real promise of a raise this year (because the economy sucking directly influences my companies ability to give raises) and rising gas and food prices. I can't really afford the government to take another 2K a year from my wallet.