State of the Union Address
President Bush may have a great idea with the tax credit for health care costs for the self insured. Although I am afraid he has over looked the unintended consequences again.
He worded a tax cut as health care reform, smooth. But just like reducing student loan rates, health care providers and everyone else see it as a chance for more sales or increase prices. There has to be a mechanism that reduces the increases in health care cost along with the tax credit. Last I heard health care costs were rising at 8-10% per year, where inflation is half to a third of that.
President Bush did state that there should be no immunity for the illegal immigrants. He went on to state that there needs to be increased enforcement on employers hiring illegals. I’m all in favor of legal immigration; I’m just opposed to illegal immigration.
He worded a tax cut as health care reform, smooth. But just like reducing student loan rates, health care providers and everyone else see it as a chance for more sales or increase prices. There has to be a mechanism that reduces the increases in health care cost along with the tax credit. Last I heard health care costs were rising at 8-10% per year, where inflation is half to a third of that.
President Bush did state that there should be no immunity for the illegal immigrants. He went on to state that there needs to be increased enforcement on employers hiring illegals. I’m all in favor of legal immigration; I’m just opposed to illegal immigration.
