Quote:
Originally posted by Jim Richards
Isn't B2's plan to tax businesses and redistribute the funds to those without coverage, so they can purchase it? I'm not criticizing (yet), but trying to come up to speed on what B2's plan is.
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The way I understand it, Bush is trying to convert the system to a more competative free market system where employees shop for and buy their own policies.
If you receive HC benefits paid by your employer, you will pay income tax on the value above $15k a year. But if your employer pays you increased wages and you buy your own insurance, then you can write off the entire amount.