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Do you also believe that cancer survivors should be taxed $100k+ on their income from health insurance?
by allenz 9y ago
Do you also believe that cancer survivors should be taxed $100k+ on their income from health insurance?
- klipt 9y agoDon't give the Republicans any ideas!
- CWuestefeld 9y agoPartisan political sniping does not add any value to the conversation.
- jbob2000 9y agoWell no, because you paid tax when you paid your insurance. But some people would argue that health benefits should be taxed. We debated taxing employee benefits in Canada briefly. When an executive gets a $500k salary and $500k in benefits, should they be taxed as earning 1mil?
- eli_gottlieb 9y agoIn the United States, even the most basic medical insurance is an "employee benefit", even if in Canada it would be covered by the provincial system out of taxes.
- CWuestefeld 9y agoNo. The definition of insurance is that it's only making you whole again after a loss. If my house burns down and the insurance company gives me $200K to rebuild it and replace the contents, was that income? Likewise, the health insurance money is making me whole after an analogous loss to my health.