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NuminousLeader -> McCain's Health Plan (9/22/2008 5:48:18 AM)
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McCain keeps saying he is not going to raise taxes, (I don't see how anyone can't with all our debt)
But if you look at his health plan there is a new source of money that will be taxed.
McCain's plan will tax the employee income tax on the portion of the insurance the employer pays for people making less than $250,000 a year.
So whatever amount your employer pays for employer based health care, you will be paying income tax on that even though you never see the money, have no control over what those costs are.
So start getting ready for even smaller pay checks, but at least McCain won't be raising taxes.
The story was in the Washington post over the weekend and they pulled the info from McCains site under his health care plan for those of you wanting a link, as I did not paste one here
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