Sunday, January 21, 2007

Bush wants to raise workers taxes.

"WASHINGTON, Jan. 20 — President Bush intends to use his State of the Union address Tuesday to tackle the rising cost of health care with a one-two punch: tax breaks to help low-income people buy health insurance and tax increases for some workers whose health plans cost significantly more than the national average....

"It would work like this: The administration would cap the amount of benefits that can remain tax free at $15,000 for a family and $7,500 for an individual. Anyone whose health insurance cost more than that would pay taxes on the difference. For example, a family with coverage costing $16,000 a year would pay taxes on $1,000."

Got that? If your benefits are more than $7,500 a year for an individual or $15,000 for a family - which isn't all that much - Bush wants you be taxed on it.

And the extra money you pay will subsidize someone who ALREADY makes ten times what you do. Ain't that great?

By the way - notice that the lead paragraph in the "liberal" New York Times is clearly biased with a positive spin that FAVORS Bush's: "tackle the rising cost of health care with a one-two punch" is NOT objective language - in fact, it wouldn't surprise me if it was lifted verbatim from the Bush administration's press release; and it says "significantly more than the national average," when it actually isn't very much more at all.

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