Thursday, January 25, 2007

Bush's new tax break

Our great President has proposed yet another tax break. This time it has the facade of actually helping people who are in dire need of healthcare. The US currently has millions without coverage and the President is doing something about it. Or so it appears.

The tax break would be for people who struggle to get healthcare. This tax break would help these individuals purchase the health care that they currently can't afford. The only problem is the income level of these poor individuals is so low that they don't even pay taxes. How can you offer a tax break to people on taxes they don't pay? Much less, how can they buy health insurance with money they won't be receiving.

Yet again, more of the President's stupid logic.

Or better yet, the way Stephen said it on the The Colbert Report last night.

It's simple. Most people, who can't afford health insurance, also are too poor to pay taxes. BUT if you give them a deduction, from the taxes they don't owe, they can use the money they're not getting back, from what they haven't given, to buy the health care they can't afford.

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