Wednesday, October 15, 2008

$5,000 health care tax credit is . . .

total crap, and here's why. To purchase healthcare costs an individual upwards of $350 a month per person. My mother-in-law, who has had to pay out of pocket since my father-in-law died, pays this much. So an average family of 4 would pay $1,400 a month for health insurance. The yearly cost is then well over $15,000. A $5,000 tax credit only covers a third of that cost. Not helpful. And, frankly, it's about time Obama articulated this.

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