[blondee123]

"McCain taxing healthcare"

I need verification on this, I have friends who are conservative & they are going to vote Obama because of this lie!!! HELP NOW!

[livius]

[McCain taxing healthcare] I have friends who are conservative & they are going to vote Obama because of this lie!!! HELP NOW!

I think you have brought up a very important point. Does anybody here know how we can contact the McCain campaign?

[Mr Rogers]

He taxes health benefits, but give a $5000 tax credit to offset the tax increase. So unless you are in the top tax bracket, you probably will gain more than you lose. If your employer pays 15K for your health plan, and you are in the 28% bracket, then your tax liability would be $4200 with a tax credit of 5K, so you get an extra $800 cash.

[pepsi_junkie]

Basically he gives you a tax credit of up to $5000 and then you have to use that to buy health care insurance and if you have any left over it goes into an account for out of pocket medical expenses. So instead of sending it to the government, you use it for your own health care. Somehow Obama has said this is a tax. Go figure. From McCain's website, which Obama is citing but distorting:

John McCain Will Reform The Tax Code To Offer More Choices Beyond Employer-Based Health Insurance Coverage. While still having the option of employer-based coverage, every family will receive a direct refundable tax credit - effectively cash - of $2,500 for individuals and $5,000 for families to offset the cost of insurance. Families will be able to choose the insurance provider that suits them best and the money would be sent directly to the insurance provider. *(This sentence was referred to in a recent untruthful attack ad by Barack Obama. Click here to read the facts.) Those obtaining innovative insurance that costs less than the credit can deposit the remainder in expanded Health Savings Accounts.

More detail here

[GOP_Lady]

Here’s a good article from The Wall Street Journal:

http://online.wsj.com/article/SB122343823408914411.html