Another journalist talking about health insurance without a basic grasp of economics.
How truly annoying. S/He bashes the Republican Patients Choice proposals because it “only” provides a tax credit of $5,700 For Families ($2,300 For Individuals)…for the record, that ain’t a deduction sweethearts — that is a CREDIT, works same for everyone, unlike current tax deduction schemes which are unfair.
His reasoning for bashing the plan is that it “The total 2009 medical cost for a typical American family of four is $16,771″.
OK, so should the Republicans going to give a tax credit of $16,771 for every family? Where the heck are they going to get the money for that? Maybe by taxing every family $16,771?
Note to universal health care advocates: The Money Has to Come From Somewhere. Universal Coverage is not FREE!
The point of the Republican plan is not to give people a free ride, but to offer a helping hand. I’m not ga-ga about it, but lets be fair in our criticism, shall we?
Tags: Health Insurance