Federal Debt Negotiators Eye Limiting Health Insurance Tax Break

By and | July 11, 2011

  • July 11, 2011 at 1:40 pm
    Sarah says:
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    Why doesnt the President just do what his non-partisan debt commission told him to do?

    Lower the top tax rate to 20%
    Increase the bottom tax rate from 0% to 8%.
    Get rid of all loopholes in the tax code.
    Get Medicare and Social security on sound financial footing going forward.

    Sounds pretty good to me!

    • July 11, 2011 at 2:57 pm
      agent says:
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      Sarah, you make too much sense for these political ideologues. There really isn’t much interest in doing the right thing for the folks. 30% of companies providing Health Insurance for employees plan to drop coverage altogether in 2014. We have had a couple of thousand waivers granted already with more to come. I heard today that 60% of small businesses surveyed say they have no plans to hire in the next year and 12% say they plan more layoffs. Only 19% say they are considering hiring in the coming year. Businesses do not like the direction the country is going and only see more taxes, more regulation and Obamacare on the horizen. Why hire in that atmosphere?

  • July 11, 2011 at 1:42 pm
    Scott Romoser says:
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    “Advocates say individuals would respond to the higher costs that would result by choosing cheaper insurance plans.”

    No one would be concerned about cost if there were cheaper plans available.

    This statement is absurd.

  • July 11, 2011 at 2:36 pm
    Realist says:
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    They want and will take your money for people who chose to have none. Its called ENTITLEMENTS…….
    Cough it up.



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