[IWE] true dumbth

Sat, 4 Oct 2008 13:27:28 -0400

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guarranty beep wont buy that argument. compasnies will pocket it all  
at first then grudgingly dole part of it back
On Oct 4, 2008, at 1:07 AM, Rand Careaga wrote:

> Ross Douthat (who's barely old enough to fucking vote) on The  
> Atlantic's website:
>
>> What happened to that extra $7,000 that employers were spending on  
>> health care under the old dispensation? To hear Biden tell it,  
>> it'll just vanish into thin air. But that's just absurd. Right  
>> now, that $12,000 plan is part of your compensation; it's just  
>> that the current tax code incentivizes employers to pay you in  
>> health insurance rather than in cash, because the health insurance  
>> is tax free. But that doesn't mean that if health insurance stops  
>> being tax free and employers stop including it in your package of  
>> salary and benefits, they'll suddenly cut everyone's compensation  
>> by $12,000; they'll cut it by the cost of the tax deduction,  
>> presumably, and wages will rise to roughly where they would have  
>> been if employers had never been incentivized to pay their workers  
>> in health care. So the typical family will get their $5,000 credit  
>> from the government, and something like the remaining $7,000 they  
>> need to buy health insurance will show up in their paycheck.
>
>
> Is there anyone on this mailing list, apart from Bill Patient, who  
> is credulous enough to believe that?
> =

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<html><body style=3D"word-wrap: break-word; -webkit-nbsp-mode: space; =
-webkit-line-break: after-white-space; ">
guarranty beep wont buy that argument. compasnies will pocket it all at =
first then grudgingly dole part of it back<br><div><div>On Oct 4, 2008, =
at 1:07 AM, Rand Careaga wrote:</div><br =
class=3D"Apple-interchange-newline"><blockquote type=3D"cite"><a =
href=3D"http://rossdouthat.theatlantic.com/archives/2008/10/the_missing_70=
00.php">Ross Douthat</a>=A0(who's barely old enough to fucking vote) on =
<i>The Atlantic</i>'s website:<div><br></div><div><blockquote =
type=3D"cite">What happened to that extra $7,000 that employers were =
spending on health care under the old dispensation? To hear Biden tell =
it, it'll just vanish into thin air. But that's just absurd. Right now, =
that $12,000 plan is part of your compensation; it's just that the =
current tax code incentivizes employers to pay you in health insurance =
rather than in cash, because the health insurance is tax free. But that =
doesn't mean that if health insurance stops being tax free and employers =
stop including it in your package of salary and benefits, they'll =
suddenly cut everyone's compensation by $12,000; they'll cut it by the =
cost of the <i>tax deduction</i>, presumably, and wages will rise to =
roughly where they would have been if employers had never been =
incentivized to pay their workers in health care. So the typical family =
will get their $5,000 credit from the government, and something like the =
remaining $7,000 they need to buy health insurance will show up in their =
paycheck.</blockquote></div><div><br></div><div>Is there anyone on this =
mailing list, apart from Bill Patient, who is credulous enough to =
believe that?</div>=3D</blockquote></div><br></body></html>=

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