The Ownership Society

Atrios notes the happy news that the AEI administration is thinking of dropping the business tax deduction for empoyer-provided health insurance in order to pay for making interest, dividends and capitals gains tax free.

I don’t know what he’s so unhappy about, though. George W. Bush is just trying to empower the working man here. With those fancy new medical savings accounts, the guy who works at Pep Boys and his wife who works in the hospital gift shop will be able to save the 10k a year (tax free!) to pay for his wife and 2 kids’ health insurance. Then he’ll be a member of the ownership society because he’ll own his own health insurance policy. Isn’t that great?

I’m assuming, of course, that if employers drop health insurance they will then be required to give their employees a raise in the amount of what they were paying for their health care, less the tax break. They will do that, won’t they? Of course they will. Otherwise, these working people will be forced to “save” money that they don’t have. That wouldn’t be right.

But if that happens let’s face it, if you can’t afford to make ends meet that’s what churches are for. Be good and maybe you’ll be allowed some charity. (Or you’ll be allowed to pray for some, anyway.) Meanwhile, just work harder. Like our good ole boy, Real American president who knows the meaning of hard earned dollar. He’s tough, tough, tough and we have to be tough just like him. Why, a real man would rather gnaw off his leg or put his wife out of her misery than have his boss pay for his health insurance. This whole issue is an excuse for lazy Democrat losers looking for a handout.