Archive for Taxes

McCain Camp Admits Your Current Insurance Is Probably Way Better Than What You Could Get Under His Plan

Posted in Accountability, Watch for Yourself with tags , , , , , on October 28, 2008 by doubletalkexpress

From Think Progress:

Hotlz-Eakin argues that “under McCain’s plan, employer-funded care will generally be preferable to the tax credit alone — since it’s the tax credit plus the employer contribution — but that the tax credit alone will be a huge step up for people who have nothing at all.” In other words, in the individual market, without the employer contribution, Americans would have to pay more for less…and less as McCain’s tax credit does not keep up with medical inflation.

In fact, high deductible plans typically lead to higher out-of-pocket expenses, resulting in “a one-time shift in spending from premiums to patient out-of-pocket outlays.” As Holtz-Eakin himself points out:

McCain’s would leave them better off than they are now, but still with something less than complete coverage, unless they reach into their pockets to supplement the tax credit.

Oddly enough, Holtz-Eakin is now arguing that under McCain’s health care plan (which pushes about 20 million Americans out of the employer market and into the unregulated individual market), Americans would receive sub-prime health care coverage.

John McCain Doesn’t Speak For The McCain Campaign

Posted in Accountability, Outright Lies, Watch for Yourself with tags , , , , , on October 5, 2008 by doubletalkexpress

You really have to wonder who is in charge.  In the latest round of McCain vs. his handlers we have John McCain admitting a week ago that his health care plan would in fact tax American families and then we have his spokesman Tucker Bounds saying that is an absolute lie:

Of course we all remember this one where McCain admitted he would consider raising payroll taxes to fix social security only to have his spokesman Tucker Bounds come out to correct him:

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John McCain: Many Americans Are Not Paying Taxes At All

Posted in Outright Lies, Watch for Yourself with tags , , , , on September 17, 2008 by doubletalkexpress

Exposing Five Dangerous Lies in McCain’s Big Speech

Posted in Outright Lies, Read for Yourself with tags , , , , , on September 7, 2008 by doubletalkexpress

AlterNet. Posted September 6, 2008

McCain’s falsehoods on health care, oil companies, trade, taxes and worker training were egregious and covered up his pro-corporate positions.

False McCain Claim: “My health care plan will make it easier for more Americans to find and keep good health care insurance.”

Facts: McCain’s Health Care Plan Does Little to Reduce the Ranks of America’s Uninsured and Would Erode the Employer-Based System

Under McCain’s Plan, Health Insurance Benefits Would be Taxed For The First Time, Resulting In A $3.6 Trillion Tax Increase On Working Families. McCain’s health care plan would eliminate the payroll deduction on health care benefits, which would have the effect of raising taxes on working families by $3.6 trillion. [New York Times, 5/1/08]

McCain’s Plan Undermines The Employer-Based Health Care System And Will Lead To Workers Losing Coverage. McCain’s health care plan would begin to dismantle the employer-based health care system, removing the incentives employers have to provide health care coverage, resulting in employees losing their health care. [New York Times, 4/30/08;Washington Post, 4/30/08]

The Health Care Tax Credit McCain Offers Would Cover Less Than Half The Cost Of An Average Health Care Plan. The McCain health plan would give families a $5,000 tax credit to purchase health insurance. However, in 2007, the average family health insurance plan cost $12,000 – more than double the value of McCain’s health care tax credit. [“Employer Health Benefits 2007 Annual Survey,” Kaiser Family Foundation, 9/11/07; “‘Call To Action’ On Health Care Reform,” John McCain 2008 press release, 4/29/08; Wall Street Journal, 10/11/07]

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