wonkroom.thinkprogress.org — Today, during an interview with ABC’s George Stephanopoulos, Sen. John McCain (R-AZ), who has previously promised “not [to] raise your taxes nor support a tax increase,” finally admitted that his health care tax credits would not cover the costs of a comprehensive health insurance plan:
Sep 28, 2008 View in Crawl 4
soughtoutSep 29, 2008
Think Progress: Actually, my position is that it will be, it will give people actually more money to go out and purchase tax - health insurance on their own and only those with the Cadillac gold-plated health insurance policies today are the ones who might suffer from it.Ironically, McCain?s health care plan raises taxes for families whose yearly income just barely covers the cost of a Cadillac. The Wonk Room has a detailed explanation here.
peg1Sep 29, 2008
from article:McCain’s tax increase is worse than he lets on:Eliminating Tax Exemption Increases Cost Of Plan For Those Who Need It MostTax Credits Don’t Keep Up With Health CostsMiddle Class Experiences Largest Tax Increase