Do you really want your employee benefits to be taxed as regular income?
John McCain says he wants to lower taxes. It's a basic conservative belief: Taxes are bad. Government intervention into your life is bad. And yet McCain wants new taxes on your employee health insurance coverage, as if it were part of your salary rather than a fringe benefit. Besides the new tax on your health care insurance, if it raises your income into a higher tax bracket, you will pay higher taxes on ALL of your income. We've seen this kind of thing before, when they started taxing tips along with wages. Whether you work for McDonalds, Walmart, IBM, any union, or any other job that offers fringe benefits... First he'll tax your employee health care. Next, perhaps your life insurance. And then perhaps your employer's contribution to your disability insurance. And then your employee discounts. Company supplied computers and tools... Company car... Company supplied meals... When we allow government to start taxing our employee benefits, we're setting a very dangerous precedent, at least for the working person. Senior corporate executives and others who can afford accounting staffs to find tax dodges for them, will be just fine. So the question - Do you really want the government to start taxing your employee benefits like John McCain proposes? And is more taxation really what conseratives want?
Asked By: Don P - 10/8/2008
Best Answer - Chosen by Asker
John McCain is playing the old switcheroo... More
Answered By: Dave C - 10/8/2008
Additional Answers (8)
I prefer not to.
Answered By: Denny - 10/8/2008
I really want a president that is not going to ransom our great nation to radicals and terrorists. Thanks for asking. McCain/Palin 2008 COUNTRY FIRST!! Dave: At least we know where THEY stand! Obama is no patriot. And if you'd been paying attention you'd know it's my guy that wants to drill, baby, drill!
Answered By: C.J. - 10/8/2008
No I definately do not. Each year my employee benefits go up. The cost I pay for benefits has more than quadrupled in the last 4 years already
Answered By: twolkitt - 10/8/2008
You are right, and then he will deregulate health insurance so they all move to the one state that lets them get away with the most. Then employers will drop offering health care because you are getting a tax credit to buy your own...and with you health benefit being taxed as income for YOU...it will also be taxed as... More
Answered By: Searcher 3.0 - 10/8/2008
I agree. Most of McCain's policies are made to appear like he's for YOU. But, he's for POWER and WEALTH, and doesn't give a rat's Fanny Mae about you or me.
Answered By: 6-Gun Annie - 10/8/2008
DO YOU REALLY WANT GOVERNMENT TO TAX SMALL BUSINESSES AND THEN AFTER RAISING THE TAX RATE ALSO MANDATING THAT THE BUSINESS OWNERS PAY EVERY ONES HEALTH INSURANCE? IT WILL BANKRUPT THIS COUNTRY. AS WELL AS DRIVE WHAT COMPANIES THAT REMAIN OUT OF THE COUNTRY.
Answered By: Shirly A - 10/8/2008
No, I don't. And I specifically dislike any tax that has that sort of hidden nature. I like even less that the candidate who proposes it wants to be known as a cutter of taxes. This one maneuver would increase taxes for the working public, but not have any effect on the rich... More
Answered By: auntb93 - 10/8/2008
C.J. Great statement...it is much better to have a President slowly (so you don't notice) sell our country to a Communist country. :D
Answered By: bda52 - 10/9/2008
New job opportunities added daily. Search & apply for DC jobs now.
Jobs hiring now near your local area. Find a job and apply now.
Take Accredited Classes Right From Home. Free Video Will Explain All!
Search for How To A Job. Find Expert Advice on About.com.
About.com/How To A Job
Other Career Questions
What jobs are there in the business field that are night jobs? Places and job titles please. Im have a BA in Business Admin and looking for a night job, already have a morning/day job.
Enumerate these jobs Say, patent application writting. patent application writing. In a company, what jobs are needed to keep confidential?
Content is not owned or controlled by Monster. Any content concerns should be addressed with Yahoo!
Yahoo! Does not evaluate or guarantee the accuracy of any Yahoo! Answers content. Yahoo! Disclaimer.
Best-Paying Work-from-Home Jobs
It’s easier than ever to work from home. Of course, not every job is a mobile job, and some companies aren’t interested in having their employees work from home.
2013 Marketing Jobs Outlook
The US may be facing another year of anemic hiring overall, but that won't be the case in the high-orbit world of multichannel, digital media marketing.
2013 Engineering Jobs Outlook
Engineers will find job opportunities in select disciplines in 2013, with candidates who are all-around, client-oriented businesspeople in demand.
Best-Paying Jobs by Major
What could you earn with a particular four-year degree? Find out by checking out this list of the top-paying jobs for 20 of the most common majors.
Eight High-Paying, Secure Jobs
Want to earn a good salary and enjoy a measure of job security as well? Check out these well-paying jobs on tap for fast growth in the coming years.