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Health Insurance Premiums Tax Deductible

Chester Said:

Where can I find legislation of health care passed since 1977?

We Answered:

Library of Congress has a web site that may help.

Jacob Said:

Is professional liability insurance tax deductible? - Canada?

We Answered:

No, it must be required.

If you are a contract worker, i.e. self-employed, the insurance would be an expense claimed against your income on Form T2125.

If you are salaried, you are covered under your employer's liability policy and therefore having your own insurance is considered non-essential by CRA, therefore non-deductible.

Rafael Said:

How would Bush's proposal for tax deductible health insurance work?

We Answered:

OK, I think instead of kicking in money for a gym membership, we should have "state sponsored gyms". Which is kinda silly, because we have state paid for sidewalks and streets, and MOST people have shoes, and you can walk/run down the street for NOTHING. Use the stairs, not the elevator. Park at the far end of the lot. Walk to the grocery store. Outlaw fast food joints. And ice cream. And smoking, and booze, and private car ownership - if we all BIKED to work, we'd be much healthier. That will do WONDERS for our health.



I'm not familiar with Bush's plan. Sorry, haven't heard of it. But I do know that anything government does, they do it the least effeciently with the highest fraud. So I'm not crazy about government controlled anything (except military). And I'm REALLY not crazy about government health care, social medicine, whatever you want to call it. It works about as well as government housing - which I do NOT want to live in.

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