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Just the tax subsidy for employer-sponsored health insurance costs the Federal government $273 billion per year: https://www.taxpolicycenter.org/briefing-book/h
by bhupy 6y ago
Just the tax subsidy for employer-sponsored health insurance costs the Federal government $273 billion per year: https://www.taxpolicycenter.org/briefing-book/how-does-tax-exclusion-employer-sponsored-health-insurance-work https://www.taxpolicycenter.org/briefing-book/how-does-tax-e...
The US healthcare system is a Rube Goldberg machine.
- sukilot 6y agoTax deductions are not costs. They are shifts in weighting between taxpayers.
- bhupy 6y agoWhat? Tax deductions absolutely are costs. They are represented as expenditures on the Federal budget. The deduction isn’t a default, it’s an affirmative benefit by the Federal government, and one that causes a heavy market distortion.