Tuesday 22 September 2009

Maybe an individual mandate is a tax cut

Health Insurance Does Not Insure HealthImage by SavaTheAggie via Flickr

OF INTEREST . . .

George Stephanopoulos tried to argue today that by requiring all Americans to get health insurance, President Obama was imposing a tax increase on those Americans who don't have insurance - because he's requiring them to pay money for something (an odd argument, since by that definition, shopping for food, or buying a CD, is a tax increase).

OF NOTE . . . . . . .

But in any case, if one wants to argue that making someone pay a monthly fee for insurance is a tax increase, then lowering the monthly premiums for the rest of us - which supposedly Obama's plan is going to do - would be a tax cut for the rest of us. And considering more of us are insured than uninsured, that would mean most of the country would be getting a pretty large tax cut. So there.

OF COURSE . . . .


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