Interesting read...
http://online.wsj.com/article/SB122506862956370705.html?mod=googlenews_wsj
I think I see one problem though...
It seems that the plan is counting on employers to continue to provide insurance. If an employer loses the tax credits he now receives, then he may have to discontinue insurance, and, unless he gives the employee a big raise, the employee may see a big increase in cost instead of a reduction.
Or am I reading this wrong?
BTW - isnt this redistributing wealth by taking the tax credit currently given to corporations and giving it to the people?
http://online.wsj.com/article/SB122506862956370705.html?mod=googlenews_wsj
I think I see one problem though...
It seems that the plan is counting on employers to continue to provide insurance. If an employer loses the tax credits he now receives, then he may have to discontinue insurance, and, unless he gives the employee a big raise, the employee may see a big increase in cost instead of a reduction.
Or am I reading this wrong?
BTW - isnt this redistributing wealth by taking the tax credit currently given to corporations and giving it to the people?