The health care tax subsidy

Megan McArdle looks at historic levels of health care spending across the world and makes a good case that Americans pay more for health care because of the tax subsidy.

Recall that John McCain proposed eliminating the tax subsidy for health care but the idea was shamelessly demagogued by the Obama campaign. (For example, they dishonestly portrayed the proposal as a tax hike, ignoring the tax credit that would compensate for taxing health benefits.)

Also note that the health care nationalization act does nothing about the problem, other than an excise tax on high-value plans that probably will never take effect.

Leave a Reply

Please log in using one of these methods to post your comment: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s