Your 'p'resident The Marxist Imam Obama not only is bankrupting us with his "Bail Out Bill", his "STICKITTOUS Bill", his latest "Stimulus Bill" and the "Budget Bill" but in the process of forcing "Socialized Medicine" down our throats he wants to Tax those very Health Benefits.
Take note the Czarina Pelosi and Commissar Reid will write this New "TAX-UM-INTO-Poverty Bill" like all the others, The Obama doesn't write bills others do it for him and he just talks about them from the tele-prompter.
Obama open to taxing some health benefits
By Jackie Calmes and Robert Pear
Sunday, March 15, 2009
WASHINGTON: The Obama administration is signaling to Congress that the president could support taxing some employee health benefits, as several influential lawmakers and many economists favor, to help pay for overhauling the U.S. health care system.
The proposal is politically problematic for President Barack Obama, however, since it is similar to one he denounced in the presidential campaign as "the largest middle-class tax increase in history." Most Americans with insurance get it from their employers, and taxing workers for the benefit is opposed by union leaders and some businesses.
In television advertisements last fall, Mr. Obama criticized his Republican rival for the presidency, Senator John McCain of Arizona, for proposing to tax all employer-provided health benefits. The benefits have long been tax-free, regardless of how generous they are or how much an employee earns. The advertisements did not point out that Mr. McCain, in exchange, wanted to give all families a tax credit to subsidize the purchase of coverage.
At the time, even some Obama supporters said privately that he might come to regret his position if he won the election; in effect, they said, he was potentially giving up an important option to help finance his ambitious health care agenda to reduce medical costs and to expand coverage to the 46 million uninsured Americans. Now that Mr. Obama has begun the health debate, several advisers say that while he will not propose changing the tax-free status of employee health benefits, neither would he oppose it if Congress were to do so.
At a recent congressional hearing, Senator Ron Wyden, an Oregon Democrat whose own health plan would make benefits taxable, asked Peter R. Orszag, the president's budget director, about the issue. Mr. Orszag replied that it "most firmly should remain on the table."
Mr. Orszag, an economist who has served as director of the Congressional Budget Office, has written favorably of taxing some employer-provided health benefits and using the revenue savings for other health-related incentives. So has another Obama adviser, Jason Furman, the deputy director of the White House National Economic Council.
They, like other proponents, cite evidence that tax-free benefits encourage what Mr. McCain called "gold-plated" policies, resulting in inefficient and costly demands for health care and pressure on employers to hold down workers' pay as insurance expenses rise. And, they say, the policy discriminates against those many of whom are low-income workers who do not have employer-provided coverage.