[IWE] true dumbth

Sun, 5 Oct 2008 13:03:59 -0400

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whatever he would want to do would have to get though congress. taking of
the tax exemption would not make it through. And no, employers aren't going
to give everyone a 7k raise when they stop paying for healthcare...which I
don't think is going to happen either. Thats a workforce demand. 

  _____  

From: iwe-admin@warhead.org.uk [mailto:iwe-admin@warhead.org.uk] On Behalf
Of William Oxley
Sent: Saturday, October 04, 2008 1:27 PM
To: iwe@warhead.org.uk
Subject: Re: [IWE] true dumbth

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
<http://rossdouthat.theatlantic.com/archives/2008/10/the_missing_7000.php>
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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<DIV dir=3Dltr align=3Dleft><SPAN class=3D587580117-05102008><FONT =
face=3DArial=20
color=3D#0000ff size=3D2>whatever he would want to do would have to get =
though=20
congress. taking of the tax exemption would not make it through. And no, =

employers aren't going to give everyone a 7k raise when they stop paying =
for=20
healthcare...which I don't think is going to happen either. Thats a =
workforce=20
demand. </FONT></SPAN></DIV><BR>
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<FONT face=3DTahoma size=3D2><B>From:</B> iwe-admin@warhead.org.uk=20
[mailto:iwe-admin@warhead.org.uk] <B>On Behalf Of </B>William=20
Oxley<BR><B>Sent:</B> Saturday, October 04, 2008 1:27 PM<BR><B>To:</B>=20
iwe@warhead.org.uk<BR><B>Subject:</B> Re: [IWE] true =
dumbth<BR></FONT><BR></DIV>
<DIV></DIV>guarranty beep wont buy that argument. compasnies will pocket =
it all=20
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=20
class=3DApple-interchange-newline>
<BLOCKQUOTE type=3D"cite"><A=20
  =
href=3D"http://rossdouthat.theatlantic.com/archives/2008/10/the_missing_7=
000.php">Ross=20
  Douthat</A> (who's barely old enough to fucking vote) on <I>The =
Atlantic</I>'s=20
  website:
  <DIV><BR></DIV>
  <DIV>
  <BLOCKQUOTE type=3D"cite">What happened to that extra $7,000 that =
employers=20
    were spending on health care under the old dispensation? To hear =
Biden tell=20
    it, it'll just vanish into thin air. But that's just absurd. Right =
now, that=20
    $12,000 plan is part of your compensation; it's just that the =
current tax=20
    code incentivizes employers to pay you in health insurance rather =
than in=20
    cash, because the health insurance is tax free. But that doesn't =
mean that=20
    if health insurance stops being tax free and employers stop =
including it in=20
    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=20
    deduction</I>, presumably, and wages will rise to roughly where they =
would=20
    have been if employers had never been incentivized to pay their =
workers in=20
    health care. So the typical family will get their $5,000 credit from =
the=20
    government, and something like the remaining $7,000 they need to buy =
health=20
    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=20
  credulous enough to believe =
that?</DIV>=3D</BLOCKQUOTE></DIV><BR></BODY></HTML>

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