Word: taxed
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...popular is to write a bill that doesn't stint on funding and promises to control future costs. The best way to do that is to end the $250 billion in subsidies the Federal Government pays to employees who receive corporate health-care benefits - benefits that aren't taxed. The money would be better, and more fairly, spent giving people tax credits to pay for health care, according to their income. This would have the additional benefit of controlling insurance costs, since people are more likely to shop for the best deal if they're spending their own money rather...
...national scandal that we're nowhere close to having a reasonable discussion about taxes. A Reagan-size increase probably would be unwise right now, given the shaky economy. But the conversation will become unavoidable next year, when the Bush tax cuts expire. A restoration of the Clinton rates would go a long way toward paying down the Bush deficits and the assorted Bush-Obama federal bailouts and creating some breathing space if health reform costs more than expected. One hopes that Democrats, and fiscally responsible Republicans, will locate the backbone between now and then to do the right thing...
...party doesn't stand for anything but opposing President Obama, Cantor has reconvened the working group that came up with the GOP's alternative to the White House's stimulus plan. That wasn't exactly a big success - the proposal was widely panned for relying too heavily on tax cuts - but Cantor is convinced that taking the long view is the path to success: health care and global warming may be the topics du jour, but "the narrative next year leading into the election, will be all about the economy. It'll be about jobs, it'll be about people...
...Thus far they have identified four key areas in which they believe their opponents are vulnerable: the ongoing credit crunch in the commercial real estate market, the looming costs of unemployment tax increases on states and businesses, the massive budget deficits and what Cantor calls an uncertain environment that Obama's ambitious agenda on health care, financial reform and climate change is creating for the business community. Cantor admits the group has yet to come up with any solutions, but they are meeting over the next few months to hear from experts and to hammer out concrete proposals. The method...
...individuals - and the creation of a government commission to study the possibility of moving from income-based contributions to a flat-rate health insurance charge. Union leaders say the unemployed and pensioners would suffer the most under such a system. "There'll be plenty of bitter conflicts over tax and health reform once [Merkel's] policies are implemented," Niedermayer predicts. (See pictures of the dangers of printing money in Germany...