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Health Insurance Premiums Tax

Johnny Said:

Does it matter to you that required health insurance premiums would not be called a tax?

We Answered:

Not to ones standard of living.. *ANY* mandate by the Government has a negative effect on ones total disposable income. Environmental mandates are among the worst offenders... The "Cape and Trade" scam will cost the average household more than $1500 a year just in electricity bills, with additional cost in transportation. (driving to work, etc)

Supposedly it won't be a "regressive tax" because lower incomes will be subsidized. Of coarse *someone* has to pay for it and the actual effect will be *more* low income workers due to the loss of jobs in the economy caused by increased cost (the result of the "subsidy")

Ann Said:

Why not make health insurance premiums a big tax deduction and get everyone medical coverage?

We Answered:

AMEN!!!!

To me, the math is mighty simple!!!

Claude Said:

Are individual health insurance (nongroup) premiums tax decuctible?

We Answered:

Generally, no.

Discuss It!