If Dems do, ...McCain will lose!
There are more Dems registered than Republicans this time, and if the undecided Democrats vote along party lines, Obama will win. This is why it is so important to get out the vote on the Dem side, we have to get this republican policy out , and get a different policy in place. Whether you believe Obama will be as affective as he says or not, McCain , will not be affective in change policy at all, he will be a Bush clone,....no?....he wants to stay in Iraq, " stay the course",..he wants to keep tax breaks for Corp.s in place including oil companies, plus add additional cuts for the oil industry, he wants to keep the tax rates for wealthy Americans, at present rate, he has no health plan, no education plan, and no solution to the economic crisis. Obama , is just the opposite, he knows that if you broaden your tax base with new jobs , in the form of green jobs, and high tech jobs, because of new training, and put the wealthy back in the tax rate they had under Clinton, and bring the troops home , saving 150 billion per year, all of this combined will improve the economy in the long run, and in the short run, a tax break for the middle class, and the troops out of Iraq.
CAPITAL GAINS
Jane Bryant Quinn
Vetting McCain’s Health Plan
Tax credits would move people out of group plans and into individual policies where the benefits aren't as good.
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If you think that "The Market"—whatever market—always works for the best, you'll love John McCain's version of health insurance reform. It uses the tax code to shove you toward individual policies (more "choice!") and away from comprehensive, employersupported plans. The nonpartisan Tax Policy Center puts the cost of his proposed subsidies at $1.3 trillion over 10 years.
But a funny thing happens on the way to spending that much money. Almost all of the subsidy goes to people who have health insurance already, says Sherry Glied, a professor of health policy at Columbia University. The Tax Policy Center figures that, after 10 years, the plan cuts the number of uninsured by only 1 million, out of 45.7 million now. Barack Obama's $1.6 trillion plan would take 34 million off the rolls of the uninsured.
McCain's idea is pretty simple. Tax the value of employer-paid health insurance as part of your regular income (62 percent of the nonelderly are in these plans). In return, he'd give everyone a refundable tax credit—$2,500 for individuals, $5,000 for family coverage—to offset the cost of any health policy they choose. Here's how the McCain plan falls out:
• Initially, most of the people in employer plans would get a bonus from the government . Their new tax credit would exceed the amount of extra taxes they owed. For the young and healthy, the bonus could be quite large. Older workers with health problems might get a minimal bonus but still do OK. Over the years, however, the value of the credit would be eroded by health-care inflation, and your tax cost would rise.
• If you already buy your own health insurance, the tax credit would chop your premium cost by $2,500 or $5,000 . The self-employed lose the deduction they get for health-insurance premiums but would generally still come out ahead (again, until inflation intervened).
• If you ' re uninsured, the tax credit helps you purchase coverage . The only hitch—a big one—is that you have to be able to afford the premiums up front. The tax credit comes later. The government will send it to the insurance company, which will apply it to your account.
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