Well, it’s hard to tell what’s going on, because the MSM won’t give out the straight story and the bill won’t come up on my IPhone 7 (must be a communist plot).
Our concern is that businesses be able to offer workers who want it health care insurance that is no more than 7% of their take home pay, because that’s where the deduction is capped. Spending over 7% of your cash flow on healthcare is nuts, so there.
Probably 20% of our clients don’t carry company paid health insurance, partly because of Obamacare (we advised them to ignore the law, and no one got caught), and partly because many of them get coverage through spouses.
We think that anyone, even those with preexisting conditions (one of our clients has three cancer survivors on his payroll for example) should be able to get insurance. It’s about humanity, folks.
We think folks should be able to carry health insurance with them if they change jobs, because a lot of people stay in jobs they don’t like because they don’t want to lose health care insurance. The President should just tell the Dimms to sit down and shut up, so the Senate can get to 60 votes to add this provision. Little Chuckie, as the leader of the Dimms should show some leadership for a change.
Another provision that needs to be in the law from the get go is the tax credit; businesses get one, so individuals should, too. This provision could be important to the entrepreneurial community as those lone wolves of entrepreneuring start out on their journey.
So, like Betsy McCaughey, I’m sure we’ll have more to say on the subject.