John McCain is not going to raise taxes on middle class families. Barack Obama and Joe Biden are the only candidates in this race that plan to raise taxes.
Barack Obama’s Plan Continues The Push Toward Government-Run Healthcare: The Obama plan will create a brand new government-run health plan at the cost of $243 billion a year – a financial burden of more than $3,000 a year on American families.
Barack Obama’s Plan Will Harm Employer Coverage: The Obama plan includes a $179 billion a year employer mandate. The mandate requires employers to either provide “meaningful” coverage or pay a tax towards the government plan. Faced with tough economic conditions and rising health costs this creates a clear incentive for employers to drop coverage and move families into the new government plan. A Lewin Group study which examined a similar employer mandate combined with a national plan, like the Obama plan, concluded that almost 52 million individuals would lose their pri vate employer coverage. To maintain their competitive edge, others employers will follow – spelling the demise of the employer coverage system.
Barack Obama’s Plan Will Damage Private Coverage: The government-run plan will have a clear advantage over private insurance since it will be subsidized by American taxpayers. A recent analysis of both plans by the nonpartisan CATO Institute concluded that the Obama government-run plan will be able to “keep its premiums artificially low… since it can turn to the U.S. Treasury to cover any shortfalls” resulting in “undercutting the private market.” According to Wall Street Journal, the goal of the Obama plan “…like HillaryCare in the 1990s, is to displace current private coverage and switch people to the default government option.”
Change you can believe in.
McCain, Obama, taxes, Healthcare
