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Old 10-03-2008, 08:48 AM
AdvisorGuy AdvisorGuy is offline
I'm thinkin, I'm thinkin.
 
Join Date: Jul 2003
Location: Arlington, Texas
Posts: 440
Quote:
Originally Posted by DieselAddict View Post
It's worse than that. Remember this is a $5000 tax credit, not a check. Depending on your income, the tax credit will most likely amount to a few hundred bucks. But you'll lose that from the cancellation of the tax credit on the employer-sponsored insurance. If you're lucky enough to retain your employer-sponsored insurance, your expense will go up. If you lose your employer-sponsored insurance, you're screwed because you won't be able to buy a $12,000 policy with the few hundred bucks that you'll get from the $5000 tax credit. It's more than a bridge to nowhere. It's an insult to intelligence. Only a complete moron would think this plan is a good idea.
Amen. My mom's "date of illness" was August 5, 1988. The date of filing for permanent disability was 11/1988. In that time, the company she worked at for 23+ years decided to "let her go" as with the remnants of the 80's had the corporation changed hands 3 times so the "cutbacks" worked up to her level. At that time, getting insurance coverage JUST FOR HER was $4700 per year. I can't see $5000 providing insurance for a family of 5 today....

Palin stuck to her talking points very well, I'll give her that. "I'm not gonna answer questions the way you or Senator Biden want me to". She stuck to her guns on those talking points that's for sure.

I forgot what talk show I was listening to this morning but both a high school English teacher and a college professor called in, both stating she sounded like a freshman that crammed for debate team conference.
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